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Daily News Feed


06/25/2026


American Outdoor Brands Contracts in Final Quarter

The net loss narrowed to $381,000 from a loss of $989,000 in the final fiscal quarter ended Apr. 30, but revenues tumbled 24% to $47,059,000 from $61,942,000, with last year’s number including about $10 million in orders accelerated to avoid tariffs.

Back-to-School Shopping Influenced by Kids and AI, Study Finds

An early read on Back-to-School 2026 trends found children increasingly influencing purchase decisions, clothing and footwear leading category spending, and e-commerce gaining a large share this year, according to a new survey from PwC.

Amer Sports Gets Vote of Confidence from Moody’s

The ratings agency elevated AS’ senior secured revolving credit facility to Baa3 from Ba1, lauding the company’s recent debt repayment funded with proceeds from equity issuance.

Adidas Succeeding Under Armour at University of Utah

Beginning in the 2027/2028 season, the Utes will no longer sport UA on their uniforms, as the University of Utah has signed a new seven-year deal with The Big a.

Plastimold Products Buys Firearms Accessories Maker

FL-based Plastimold Products has inked an agreement to acquire CAA USA, which makes tactical firearm kits, consolidating the two companies’ manufacturing, engineering, and customer support under one umbrella.

Compass Diversified Gets Some Lugano Cash

The 5.11, Boa, Primaloft, and Velocity Outdoor parent will be entitled to 35% of the proceeds from bankrupt Lugano’s inventory, tax refunds, and its precious-stone theft insurance policy, it revealed in an SEC filing.

Industry Vendors Owed Six Figures in 303 Boards Bankruptcy

Three entities that own the sneaker and skate e-commerce business and two brick-and-mortar stores in CO filed for bankruptcy protection in federal court there, aiming to reorganize and continue operating, while shedding debts.

CPSC Recall: Kids’ Sneakers

Carina and Rambo is recalling about 500 pairs of Raychy unisex children’s light sneakers because the lithium coin batteries can be easily accessed, posing an ingestion hazard.

Etcetera: Pitman Creek, Dick’s, Acushnet

06/24/2026


Amazon’s June Prime Days Pulls in SG Brands

Amazon’s early Prime Day this year should see a 9% lift to $26.3 billion in sales across the four-day discount period, according to Adobe Digital Insights, as the move from July prompted other retailers and brands’ DTC operations to pull summer promotions forward.

China Dongxiang Posts Big Loss on Impairment

The Kappa and Phenix brand owner’s bottom line swung to an RMB 158,040,000 ($22.0 mm) loss from a profit of RMB 207,000,000 for the fiscal year ended Mar. 31, on 2% higher revenues of RMB 1,715,326,000 ($238.6 mm) from RMB 1,680,135,000.

Golden Goose Acquisition Closes

Chinese investment fund HSG closed its €2.5 billion acquisition of the luxury sneaker brand, first announced in Dec., with Temasek, another investment firm, as a minority shareholder.

CoverFour Acquires Baseball Equipment Maker

Baton Rouge-based CoverFour has inked an agreement to acquire Chandler Bats, its first step in a broader strategy to acquire, grow, and scale athlete-focused sports brands.

KMD Brands Plans 1-for-25 Reverse Split

The Rip Curl, Kathmandu, and Oboz parent will implement a 1-for-25 share reverse stock split of its ordinary shares, effective July 1, across both the NZX and ASX exchanges.

Bogg Sues over Knockoffs

Bogg Bag, formerly Twenty-Six Designs, filed suit in PA district court, accusing Great Wolf Lodge of infringing on the plaintiff’s trade dress and parallel Zig Zag Lines mark with its line of bags.

Etcetera: S&S, Lowa, JD Sports, Xebio, YHM, Play It Again Sports, StockX, Arcis Golf

06/23/2026


Counterfeits Abound as World Cup Apparel Demand Soars

While point-of-sale data show triple-digit gains in soccer apparel and equipment sold through official channels in the World Cup year, the counterfeit market is threatening legitimate sales through e-commerce channels and by increasing production scale.

Nike CFO Matt Friend is Stepping Down

Friend is leaving the Berm after more than 17 years, with the last six as EVP and CFO, and will be succeeded by Pfizer EVP and CFO Dave Denton effective Aug. 16, then separate from the company on Sep. 4.

Accent Group Rebuffs Frasers Bid

The Australian distributor and licensee of nearly two dozen footwear and apparel brands called Frasers Group’s unsolicited below-market offer of A$0.65 in cash per share “highly opportunistic” and recommended that its equity holders take no action.

Kingmaker Profits Pressured in Q4

The Chinese footwear manufacturer for Wolverine Worldwide and other brands said that revenues slipped 3% for the fiscal year ended Mar. 31, resulting in a net loss of between HK$70 and HK$75 million for the period.

Itochu Acquires Champion License Rights in Japan

The Japanese trading giant has acquired the sales and license rights for Champion from Authentic Brands Group to market and license the brand in the Land of the Rising Sun, targeting sales of roughly ¥35.0 billion ($223.1 mm) in three years.

URunn Scores Funding Round

Mo Farah’s running app raised an unspecified seven-figure funding round led by existing backer 10XU and a group of private investors.

Etcetera: Glory Wheel, Skechers, Academy

 
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