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Daily News Feed 07/29/2026 VF Corp. Raises Top Line Guidance despite Vans Drag
VFC generally reports a net loss in its seasonally small fiscal first quarter, but the red ink improved 17% from a year ago to $97,152,000 against a loss of $116,408,000 as revenue ticked down 5% to $1,669,379,000 from $1,760,666,000 and up 1% backing out Dickies last year. Sturm, Ruger’s Sales Jump as Restructuring Bears Fruit
The gunmaker returned to profitability in the second quarter, tallying net income of $6,981,000 against a loss of $17,226,000 that included $26.4 million in writedowns and restructuring costs, as revenues jumped 19% to $158,058,000 from $132,491,000. Garmin Fitness Soars, Outdoor Lags in Q2
GRMN’s Fitness segment revenues increased 25% to $756,823,000 from $605,425,000 in the second quarter, driven by broad-based demand for wearables, sending operating income up 40% to $277,039,000 from $197,630,000. MAP Active Sees Double-Digit Growth in Q2
Net income at the Indonesian retailer improved 22% in the second quarter to IDR 393,814 million ($22.5 mm) from IDR 322,440 million last year, on sales that came in 15% higher at IDR 5,168,029 million ($294.7 mm), up from IDR 4,475,202 million. Nexus Outdoors Acquires Fishing Rod Maker
The MI-based outdoor and equipment maker inked an agreement to acquire Blackfin Rods, adding it to its portfolio of brands, which include ScentLok, Blocker Outdoors, Whitewater Fishing, Hardcore Waterfowl, and TUO Gear. Grassroots Outdoor Alliance Selects New Officers
The buying network for independently owned outdoor retailers named new officers and elected one new member to its nine-person board at its recent Connect Show, which was held in June. Etcetera: Skechers, Club Champion, Sierra, Whoop
07/28/2026 Shimano Raises Guidance after Strong Q2
With less of an impact from foreign exchange this year, the bottom line recovered to a profit of ¥15,136 million ($95.0 mm) in Q2 from a loss of ¥5,825 million last year, as a big jump in fishing tackle pushed revenues up 4% to ¥129,415 million ($812.1 mm) from ¥123,870 million. Rocky Brands’ Net Soars on Tariff Refund
An approximate $15.0 million reduction in cost of goods sold from recognition of expected IEEPA net tariff refunds in the second quarter pushed net income up nearly fourfold to $13,881,000 from $3,608,000 on 12% higher sales of $118,368,000 against $105,647,000. Coats Group’s Sales Slow in H1
The industrial yarn and footwear component supplier said that revenue improved 19% (+1% organic CC sales) to $837 million in the first half ended Jun. 30, against $705 million last year. Tariff Exemptions May Upset Industry Apparel Sourcing
The softgoods supply chain picture became increasingly cloudy after the Trump administration's Section 301 tariffs, for failing to prevent forced labor, combined with a proposed Tariff-Rate Quota "textile mechanism" to favor Bangladesh, Cambodia, Indonesia and Malaysia. Report: Nike Exiting Memphis DCs
The Eager Beavertons intend to close two distribution facilities that employ around 1,900 people in Shelby County, TN, over the next two years, according to multiple reports in local media.
The Canadian outdoor retailer has filed for creditor protection for the second time in six years, owing more than C$17 million, according to the documents obtained through the Office of the Superintendent of Bankruptcy Canada. Etcetera: Dick’s, Birkenstock, B&T USA, Bowtech
07/27/2026 Frasers Group Acquires Scottish Retailer
The UK retail conglomerate’s buying spree continues with the acquisition of the IP of Scottish-based Greaves Sports, following its deals for Maxi Sports, XXL, and several fashion outlets and shopping centers over the last 18 months. Genesco Names Petersson to Lead Schuh
GCO tapped longtime consumer and omnichannel veteran Tomas Petersson as president of Schuh, succeeding Colin Temple, who is retiring after 38 years with the retailer, including 15 years as president. Etcetera: Shoe Show, Unisport, Hyperwear, Skims
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