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Daily News Feed 08/25/2026 Dick’s Foot Locker Turnaround Stumbles in Q2
Weaker-than-expected results from Big Foot contributed to a 17% drop in net income to $315,461,000 in the second quarter, down from $381,402,000, but incremental sales from the acquisition sent revenues 53% higher to $5,586,815,000 from $3,646,616,000. Xtep Slips in H1 on Shift Toward Value
Net income attributable to shareholders was off 11% to RMB 817,888,000 ($122.7 mm) from RMB 913,568,000 for the first half as revenue inched down 1% to RMB 6,794,917,000 ($1,019.2 mm) from RMB 6,837,642,000. Shenzhou Int’l.’s U.S. Sales Drop Double Digits
Net income at the Chinese apparel supplier plummeted 40% to RMB 1,904,563,000 ($279.7 mm) from RMB 3,176,836,000 on 5% lower sales of RMB 14,179,177,000 ($2,082.1 mm) against RMB 14,966,384,000. Oura Eyes $3 Billion IPO Next Month
The smart ring maker is planning to raise up to $3 billion in an IPO as early as Sep., which could value Oura at more than $16 billion, Bloomberg reported, citing sources close to the matter. Spinnova Aims to Raise $15 Million in Public Offering
The Finnish materials technology company intends to pursue an IPO and list on the Nasdaq Capital Market, in addition to its existing listing in Helsinki. Spinnova confidentially submitted its F-1 registration statement to the SEC, which it said could be filed in the near future. Escalade Enters Dog House Market
ESCA is acquiring ASL Solutions, an IL-based manufacturer of insulated dog and cat houses and accessory products, adding complementary rotational molding expertise and diversifying its current product line. National Park Visits Drop in July
National Park recreational visits declined 3% year-over-year in July to 40,347,663 from 41,557,092 in the seasonally huge month, while year-to-date visits are down 1% to 189,576,492 from 191,307,991.
08/24/2026 West Marine Slashes Doors, Stiffs Vendors as it Exits Bankruptcy
The boating and marine supplies retailer has emerged from Chapter 11 with a halved door count and roughly $265 million in debt reduction, though general unsecured trade creditors are looking at less than 1% recovery, according to court filings. Tecnica Makes Progress in H1 but Lowa Lags
Tecnica Group narrowed its net loss to €20.2 million ($23.5 mm) in the first half from €30.9 million, on 1% revenue growth to €173.8 million ($202.1 mm) from €171.5 million, with gains from its winter sports brands and Moon Boot offsetting a contraction at Lowa.
Marquee Brands is backing the acquisition of the outdoor and lifestyle apparel brand for roughly C$117 million ($84.8 mm) in a go-private deal valued at C$4.10 per share, representing a 36% premium over its Mar. 2 closing price, before it announced a strategic review. Dynasty Financial Partners Takes Stake in NoBull
The performance training company, which counts Tom Brady as an owner and reached a reported valuation of $1 billion earlier this year, sees Dynasty Financial acquire a 3% stake. Lululemon Shakes up APAC Leadership
The Lulunatics promoted San Yan Ng, who has led their China business for eight years, to regional president of China and APAC, extending her mandate across both regions.
CCM Hockey is recalling about 12,957 FMHVR hybrid visors and ACCHVR replacement visor accessories because they can crack upon impact, posing a risk of injury. Etcetera: Dick’s, Sierra Bullets
08/21/2026 Sporting Goods Imports Flatten In Q2, China Slide Moderates
Buoyed by the Supreme Court ruling that the Trump Administration’s IEEPA tariffs were illegal, industry imports slowed their recent freefall, declining by less than 1% to $5,773.7 million in Q2 from $5,805.4 million last year. Tecnica’s Zanatta Family Buys Back 9.09% Stake
Tecnica’s founding Zanatta family inked an agreement to acquire an additional 9.09% stake in the outdoor footwear and winter sports equipment maker through its Prime Holding entity for about €50 million ($58.1 mm), bringing the founding family's holding from 60% to 69.09%. Bergans’ CEO Leaving to Join Brav
Silje Garberg Ree is stepping down as CEO of Bergans of Norway at the end of the year to become CEO of Brav, parent company of Swix, Lundhags, Helsport, and Toko. Etcetera: Ahead, New Era, On Running, Jordan Brand
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