|
Daily News Feed 07/08/2026 Hydro Flask and Osprey Post Gains in Q1
Revenues at Helen of Troy’s Home & Outdoor segment, which includes Hydro Flask and Osprey Packs, were up 10% to $194.9 million for the fiscal first quarter ended May 31. Genesco Picks Up ISS Endorsement in Proxy Battle
The Journeys’ parent is facing a proxy challenge from activist investor Radoff-Jumana Group, which is seeking to oust directors Joanna Barsh and Thurgood Marshall Jr. and secure seats for their candidates, former Stabilis Solutions CEO Westervelt T. Ballard Jr. and investment banker Paula J. Poskon. Beyond Yoga’s E-commerce Revenues Soar
Levi’s women’s yoga brand grew sales 16% to $42.6 million from $36.8 million in the fiscal second quarter ended May 31, powered by a 23% jump in direct-to-consumer, largely from online sales growth.
The Swiss sportswear brand is splitting its commercial leadership into two distinct roles, elevating Rebecca Cai from general manager of APAC to chief global markets officer, while Alice Delaunt joins the company as chief customer officer. Retail Imports Up over Impending Tariffs
Cargo imports at major container ports grew 15% to 2.24 million Twenty-Foot Equivalent Units in May, as retailers ordered early to stay ahead of expected tariff increases, according to the NRF and Hackett Associates’ Global Port Tracker report. Birkenstock’s Ratings Affirmed by Fitch
The ratings agency affirmed the German footwear maker’s long-term issuer default rating at BB+, with a stable outlook, citing Birkenstock’s strong operating performance and strong cash flow after the announced debt-funded share buyback. Etcetera: Whoop, S&S, Dick’s, Boyd Cycling, Fischer Skis
07/07/2026 Early Holiday Forecast Sees Younger Shoppers Spending More
A quarter of U.S. shoppers are planning to boost their Holiday 2026 budget over the prior year and begin shopping earlier than ever, according to Salsify’s 2026 Holiday Pulse Report. Paddletek Group Adds Pickleball Brand
Paddletek has inked an agreement to acquire PIKKL, adding the pickleball equipment brand to its portfolio that includes Paddletek, ProXR, Padeltek, and Yobow. KMD Brands Names Turnaround Exec as Director
The Oboz, Kathmandu, and Rip Curl parent appointed Ian Morrice as an independent non-executive director to its board, effective Aug. 20, to advance KMD’s Next Level turnaround strategy. Interactive Strength Buys Another Fitness Brand
The parent of Wattbike, CLMBR, FORME, and Ergatta connected fitness brands inked an agreement to buy STEPR, Inc., which makes connected stair climbers for the home and commercial markets. Etcetera: Lululemon, MiiR, Anta Sports, Vista Outdoor
07/06/2026 La Sportiva’s Revenues Jump 21%
La Sportiva revealed that sales reached €213 million ($251 mm) in 2025, up 21% from €176 million the prior year, touting good progress on its growth strategy despite geopolitical turmoil, a weaker outdoor market, and unfavorable currency headwinds. Versant Acquiring Full Swing for $530 Million
The media company announced it has inked a definitive agreement to purchase Full Swing for $530 million in cash from Bruin Capital and minority investors, with the transaction expected to close in H2, at which point the simulator and launch monitor manufacturer will join Versant’s Digital Platforms and Ventures portfolio. Revelyst Divests QuietKat after Five Years
Electric mobility brand house Rad Life Mobility has acquired QuietKat from Revelyst for an undisclosed amount, as the former Vista Outdoor division focuses on its core portfolio. Alma Mater Sees Pro Players Buy In
The golf footwear start-up scored an unspecified investment, in advance of an upcoming funding round, from a group of former and current professional athletes across major leagues. Etcetera: TRX, POC, Mips, Nike
|
