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Sporting Goods Industry News for April 28, 2026
Mitigation efforts could not offset $7.1 million of incremental tariff expense in Q1, sending net income down 75% to $1,259,000 from $4,941,000 despite 9% sales growth to $124,401,000 from $114,073,000.
LULU appointed former chief growth and marketing officer at Unilever, Esi Eggleston Bracey, to its board of directors, replacing Colgate-Palmolive COO Shane Grant, who will not stand for re-election at the June 25 shareholders’ meeting.
The U.S. Trade Representative’s office kicked off the first round of a two-week slate of Section 301 investigations hearings in Washington on Tuesday, as a look into the use of forced labor in products for U.S. import, produced over 450 comments and drew 60 panelists for a two-day hearing.
The Eager Beavertons will lay off 172 workers at its MO air-sole facility this summer, according to a WARN notice filed with the state’s Department of Labor and Industry.
The Germany-based firearms maker elevated its current director of shotgun sales in the U.S., Josh McBrayer, to CEO of operations here.
Staff at the outdoor co-op’s San Diego, CA, store have filed a request to join the United Food and Commercial Workers Union.
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