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Daily News Feed 06/22/2026 Outdoor Holdings Nears Breakeven, Aims for FY27 Growth
Net loss attributable to shareholders at the Gunbroker firearms marketplace parent was slashed 98% to $1,480,107 from $78,282,355 for the fiscal fourth quarter ended Mar. 31, as net sales rose 10% to $13,889,393 from $12,614,668. Shimano Reorganizes Bicycle Components Division
Yuzo Shimano, senior executive officer and third-generation member of the Japanese company’s founding family, is expanding his role as head of the bicycle components division effective July 1. Mitch Modell Returns to Retail for a Cause
A few years have passed since Modell’s Sporting Goods filed for bankruptcy at the beginning of the pandemic, and now veteran merchant Mitchell Modell has launched an e-tail website. The Leisure Collective Elevates New Brand Leaders
The Australian owner of Creatures of Leisure, Otis Eyewear, Sito Shades, and Layday promoted Beau Campi to director of brands, a newly created position for the Billabong and Volcom veteran. Bass Pro Shops Opening Huge NJ Store This Fall
Bass Pro’s long-awaited, 200,000-sq.-ft. Sayreville, NJ, store at the Riverton mixed-use retail complex will open this fall as the largest, single-level Outdoor World ever. Etcetera: Johnson Outdoors, Columbia, L.L. Bean, Adidas
06/19/2026 Sporting Goods Imports Dip Again, Led By China Decline
A year after the Trump Administration announced its “Liberation Day” tariffs, Q1 industry imports settled to more normal historic levels, dropping 8% overall from 2025 to $5,578.0 million from $6,059.5 million. Castore Buys 160-Year-Old British Shoe Maker
The U.K.-based sportswear brand’s parent company, J.Carter Sporting Club Ltd., has acquired Grenson, one of Britain’s oldest shoemaking brands, for undisclosed terms.
The golf gloves and accessories maker filed suit in NJ district court, accusing Korman Sports and PT Sukses Komerindo, along with its owner, Andrew Kang, and his brother, the owner of Honest Trading Corp., Young Kang (aka Philip Kang), of misappropriating and infringing on Pocketec’s marks. Etcetera: Omorpho, Adidas, Reebok, Topgolf
06/18/2026 Giant Reaches Inflection Point as Revenues Return to Growth
Revenues at the world’s largest bike maker have declined 15% to TWD 23.4 billion ($740 mm) for the first five months of 2026, but a May turnaround helped stanch the bleeding. Joe Vernachio Returns to Columbia
The former Allbirds CEO is the next president of COLM’s Sorel rugged fashion footwear brand, returning to the company where he once led Mountain Hardwear. Brooks Running Elevates Marc Misiewicz
The Berkshire Hathaway-owned brand bolstered its wholesale division with several promotions, including Marc Misiewicz, a 26-year Brooks veteran, who was named VP of U.S. wholesale. Gymshark Sued over Deceptive Marketing
Gymshark was hit with a proposed class-action lawsuit filed in S. NY district court, brought by Mihaela Lupea, accusing the exercise apparel brand of doling out money to a vast army of social media influencers to promote its products online without disclosing that they are paid ads. Etcetera: Nike, Cabot Hosiery Mills, Caitlin Clark
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