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Daily News Feed 10/01/2026 Nike’s New CFO Arrives with Cost Saving Plan
The Eager Beavertons’ new “Pace” plan aims to realize about $2.5 billion in total savings through fiscal 2031, largely through layoffs, global supply chain updates, an expanded campus in Bengaluru, India, and rolling Greater China into Asia-Pacific. Skechers’ John Vandemore Lands at Levi’s
Levi Strauss appointed the longtime Skechers executive as its EVP and chief financial officer, effective Nov. 1, lauding his experience with building a global financial organization over the past nine years. Kent Outdoors Sold to PRADCO Outdoor Brands
PRADCO, which is a subsidiary of EBSCO Industries, is adding the Seawall Capital-owned parent of a dozen watersports and marine safety brands to its portfolio. Revolve Buys Minority Stake in 437 Brand
The fashion e-tailer has acquired a minority stake in 437, the Toronto-based women’s activewear brand, for C$15 million ($10.9 mm), expanding its footprint in the performance apparel space. Sporting Goods Sales Improve in August
August sporting goods, hobby, music, and bookstore adjusted sales grew steadily once again, improving 10.7% year over year to $9,061 million from $8,182 million, the Commerce Dept. reported. Scheels Sued for Age Discrimination
The Equal Employment Opportunity Commission hit the employee-owned retail chain with an age discrimination suit in NV district court alleging it forced a class of employees to sell their company shares when they turned 40 years old. CPSC Recalls: Hand Warmers, Camping Showers
Gobi Heat is recalling about 5,547 rechargeable hand warmers because their lithium-ion battery and electrical components can overheat and ignite. Etcetera: Mount to Coast, St. Croix, Nike, Adidas, FP Movement
09/30/2026 Fox Factory Reveals Marucci Losses
FOXF detailed Marucci numbers in an SEC filing after last week’s announcement that the brand was sold to a management-led investor group, exposing operating losses that expanded from $5.8 million in FY ‘25 to $12.7 million in the first half of ‘26.
Equip Outdoor Technologies, the UK-based parent of Rab, inked an agreement to sell the Lowe Alpine brand’s IP to ATG Brands & Data Limited, giving the new owner exclusive rights to the Lowe trademark, logo and associated brand assets.
The active lifestyle brand owner, which counts Gibbon, ElliptiGo, and INDO Board in its portfolio, named 20-year industry veteran Jordan Judd as CEO, succeeding co-founder Bryan Pate, who will transition to executive chairman. Fanatics Sees Two Lawsuits Dismissed
The licensed products giant scored two legal victories in one day, as NY federal court judges tossed proposed class action lawsuits over trading cards and Fanatics’ exclusive NFL license and distribution rights. California Approves Football Helmet Add-ons
Assembly Bill 708 guarantees youth tackle football players the right to use soft-shell helmet add-ons that fit outside a conventional hard-shell football helmet.
09/29/2026 Balls, Racquets, and Fishing Tackle Get Favorable Treatment in China Tariff Deal
The White House unveiled a new “30-for-30” tariff carve-out plan with China, naming several industry-related categories on the favorable-treatment list from the U.S.-China Board of Trade, chartered in May alongside that month’s Beijing talks. Oura Postpones IPO Indefinitely
The smart ring maker blamed uncertainty in the IPO market for its decision, joining several other companies that have shelved plans to go public amid rising bond yields and interest rates. TaylorMade Sales Are Soaring, Moody’s Says
The long-running dispute between F&F Co., Ltd. and Centroid Investment Partners over the sale of TaylorMade Golf remains unresolved, but the golf company’s sales and earnings continue to grow double digits, Moody’s reported. L2 Brands Names Hanesbrands Vet as CEO
The Sentinel Capital Partners-backed parent of League, Legacy, Ouray, and Locale tapped seasoned apparel and licensed products executive John Fryer as CEO, succeeding Paige Wingert and Evan Toporek, who were serving as interim co-CEOs. ThredUp Enters Live Commerce with Whatnot
The online resale platform is partnering with live commerce provider Whatnot to expand into the $22 billion live shopping market in the U.S., U.K., and Europe. Etcetera: Payntr Golf, Nike, Burton, Champion, Titan Fitness
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