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Daily News Feed 06/05/2026 G-III Apparel Scaling Converse, Starter
Converse apparel distribution has grown to nearly 900 points of sale, and the line is performing nicely, though still in the early innings, GIII CEO Morris Goldfarb said on the company’s earnings call. Equip Outdoor Technologies Bolsters Leadership
Equip, the UK-based parent of Rab and Lowe Alpine, has shifted its leadership structure and secured a £48.5 million ($65.5 mm) funding package from HSBC UK. Tersus Solutions Expanding Footwear Plant
The logistics operator and technology provider is expanding its Denver, CO, facility with a 31,000-sq.-ft. plant dedicated solely to handling returned and traded-in footwear, including cleaning, grading, repair, and fulfillment.
PTON has acquired Pilates tech startup Skōp, which makes a data analytic reformer with form-tracking technology that provides real-time feedback to users. 8AM Golf Invests in Luxury Golf Brand
The holding company and owner of True Spec, Miura, and several other golf brands, has taken an unspecified stake in Redan, and will help grow the brand using its sourcing, distribution, and marketing infrastructure. Joola Sees ITC Open Investigation
Sport Squad’s (dba Joola) Apr. complaint has resulted in the International Trade Commission opening a Section 337 investigation into pickleball paddles allegedly infringing its “propulsion core” technology. Etcetera: Ahead, Can-Am Sales, Dead Air Silencers, Skechers
06/04/2026 Lululemon Growth Outlook Turns Negative
LULU blamed negative press coverage in China and some poorly received new product launches, as it cut full-year revenue guidance by $350 million to between $11,000 to $11,150 million, representing a 1% decline to flat sales compared to 2025. Caleres Held Back by Famous Footwear Weakness
Net income more than doubled to $14,277,000 in the first quarter from $6,943,000, driven by 9% revenue growth to $666,599,000 from $614,221,000, as Famous Footwear continued to struggle while the Brand Portfolio grew sales and profits. Zumiez Has a Strong Start, but Guides for Flat Q2
Net loss improved 7% in Q1 to $13,266,000 from $14,330,000, and sales were up 5% to $193,348,000 from $184,343,000, with enterprise comps up 4.0% as North America continued its positive trends and green shoots emerged in Europe. Yeti Sees Sales Growth Driven by Innovation
A combination of product innovation, new distribution opportunities, and international expansion are its key near-term growth drivers, Yeti said at a roundtable discussion at the Baird investor conference. GSI Outdoors Names Shawn Hostetter CEO
GSI tapped the outdoor industry veteran as its new CEO, following the Scott family’s reacquisition of the company in May.
Gudook Outdoor Sports is recalling about 520 adult bike helmets because they do not comply with impact attenuation and certification requirements. Etcetera: YKK, Yeti, Derya Arms
06/03/2026 Section 301 Investigations Shockingly Find Forced Labor Evidence
The Trump Administration announced plans for a slate of 10% to 12.5% tariffs based on the results of the March Section 301 investigations, covering 60 trading partners accounting for nearly all imported goods, as the temporary 10% global tariff prepares to sunset in July. Tilly’s Comps Rebound in the First Quarter
Net loss was slashed by almost two-thirds to start the year, just $7,953,000 in the red against $22,152,000, as revenues jumped 16% to $124,718,000 from $107,611,000 and comps soared 22.9%. Crocs Turnaround Gains Momentum, with Heydude Bouncing Back
The speed bumps of H2 2025’s inventory rightsizing are giving way to clear growth paths, CROX said at the Baird Global Consumer, Technology & Services Conference, as North American DTC continues to pick up steam from its positive Q1 performance. Authentic Brands Scores S&P Global Upgrade
The owner of Reebok, Champion, and dozens of other brands was upgraded to BB- from B+ by S&P Global, including its issuer credit rating and issue-level ratings on its first-lien senior secured debt. ThredUp Wants to Dominate the Second-Hand Market
The apparel and footwear resale platform is aiming for $500 million in sales, aided by the logistics infrastructure it built over the past several years, plus AI, James Reinhart revealed at the William Blair Annual Growth Stock Conference.
NSSF’s adjusted NICS FBI background checks were up for the fourth consecutive month, increasing 3.2% to 1,105,758 in May from 1,071,685, and are up by 1.9% for the year thus far.
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