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Daily News Feed


02/11/2026


Mips’ Sales Flattened by ForEx

The Swedish helmet technology company’s Q4 revenues were up just 2% on a reported basis to SEK 147 million ($15.0 mm) from SEK 144 million due to the strong Krona, but soared 18% in local currencies.

Eddie Bauer Heads to Early Auction, Will Close HQ

The outdoor retailer’s bankrupt store operations will be auctioned off as a going concern or in pieces on Mar. 6, the NJ bankruptcy court ordered, setting a quick timeline for the process.

Bangladesh Tariffs Cut to 19%

The White House reached a trade deal with the important garment manufacturing country, lowering its levy to 19% and allowing tariff-free imports on certain clothing and textile goods made from U.S.-produced cotton and synthetic fibers.

Sporting Goods Sales Extend Gains in Dec.

The Commerce Dept. said sporting goods/hobby/book and music store adjusted sales improved 6.0% in Dec. to $8,379 million from $7,901 million and were up 0.4% sequentially, as it catches up from the government shutdown.

Grundéns Taps Andrew Gritzbaugh as CEO

The 100-year-old Swedish fishing apparel and footwear brand hired Gritzbaugh as its new chief executive officer, effective immediately.

Johnnie-O Names New President

The apparel brand elevated Matt Ferrer to president, where he’ll oversee the commercial side of the business, including brand, marketing, product, and sales across channels.

Alabama Outdoor Retailer Changes Hands

Mark’s Outdoors, a hunting and fishing retailer located in the Vestavia Hills suburb of Birmingham, AL, has been acquired by Day 21 LLC from the founding Whitlock family.

Etcetera: Designer Brands, Lululemon, Fleet Feet, Wiley X, Ahead, Reebok, Nike

02/10/2026


Shimano 2025 Profits Are Halved as Sales Inch Up

After a strong start to the year, Shimano’s net income in the final quarter fell by nearly half to ¥17,886 million ($116.1 mm) from ¥34,986 million, as sales inched down 1% to ¥115,223 million ($747.7 mm) from ¥116,114 million.

Mizuno Sales Accelerate in Dec. Quarter

Net income improved by 11% in the fiscal third quarter ended Dec. 31 to ¥5,006 million ($32.5 mm) from ¥4,512 million, on 9% higher sales of ¥60,837 million ($394.8 mm) up from ¥55,751 million.

Thule Gains from Quad Lock despite ForEx Headwinds

The bottom line turned positive with SEK 21 million ($2.3 mm) in net income against last year’s Quad Lock acquisition-induced SEK 37 million loss for the fourth quarter, as sales increased 9% to SEK 1,835 million ($201.9 mm) from SEK 1,678 million.

Yonex Sales Grow, but Profit Slips in Q3

Net income declined 15% in fiscal Q3 ended Dec. 31 to ¥3,239 million ($21.6 mm) from ¥3,824 million on 18% higher revenue of ¥40,942 million ($273.5 mm) against ¥34,816 million.

Yue Yuen Manufacturing, Retail, Struggle Out of Gate

The Chinese shoe maker and retailer’s Jan. revenues fell 12% to $704,649,000 from $804,926,000, due to weakness in Pou Sheng retail sales.

Cascale Appoints New CEO

The consumer goods sustainability alliance, which owns the Higg Index sustainability measurement tools, tapped Ying McGuire as its next chief executive officer, effective June 1.

Diadora Cuts 27 Headquarters Jobs

The Italian sneaker brand reached an agreement with unions to reduce its workforce by 14%, or 27 from a total staff of 199 at its Caerano di San Marco headquarters in Treviso.

Asics Buys U.S. Race Registration Platforms

Asics’ Race Roster U.S. subsidiary inked an agreement to acquire assets of two race registration platforms in the U.S., including Spay’s GetMeRegistered and an undisclosed company that provides similar race registration platform services here.

Etcetera: Burlebo, ATA, New Balance, Craft

02/09/2026


Eddie Bauer Files for Ch. 11 Protection

The Catalyst Brands-owned casual and outdoor retailer is already liquidating inventory at its 175 North American doors while it seeks to restructure and sell itself to the highest bidder.

Outdoor Holding Swings to Profit in Holiday Quarter

The Gunbroker firearms marketplace parent tallied net income of $1,464,625 for the fiscal third quarter ended Dec. 31, bouncing back from last year’s $26,911,422 loss that included expenses related to the since-divested ammunition manufacturing business.

Alpen Margins Narrow on Growing Sales

Net income dropped 25% to ¥2,756 million ($17.9 mm) from ¥3,695 million for the fiscal first half ended Dec. 31 as net sales increased 5% to ¥137,155 million ($890.0 mm) from ¥130,402 million.

Birkenstock Scores Upgrade from S&P Global

Strong results in FY ‘25 prompted S&P to raise its long-term issuer credit rating on the German sandal maker to BB+ from BB and its issue rating on the existing €428.5 million senior unsecured notes due 2029, to BB from B+.

Retail Imports Lower on Looming Tariffs

Importers ended the year in much the same manner it began, with tariff uncertainty, bringing in 2.14 million Twenty-Foot Equivalent Units in Dec., down 7% year-over-year, according to the NRF and Hackett Associates.

Fox Factory Makes Deal with Activist Investor

FOXF and Engine Capital have reached a cooperation agreement that calls for adding Alan L. Bazaar and another independent director to its board, and to form a transformation committee focused on profitability, cost-cutting, and margin improvement.

Nike Slashing Converse Staff: Report

Converse CEO Aaron Cain sent a letter to corporate staff instructing them to work from home pending imminent layoffs and changes to roles for some staff, Bloomberg reported.

K-Swiss Bolsters Sales Team

The iconic sneaker and apparel brand, owned by Xtep’s Ding family, made several key appointments in the U.S. to strengthen regional coverage across tennis and pickleball.

Firearm Sales Drop in January

Same-store adjusted sales for new firearms were down 6% in Jan., according to Gearfire’s RetailBI, which measures retail performance and consumer purchasing behavior though a proprietary panel.

Etcetera: Brooks, Power Tee, Rocky’s Great Outdoors, Kovix, On Running

 
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