The retail outlook for the legacy sneaker category remains murky for both Dick’s and Foot Locker, with some stale styles driving industry-wide promotions and others posting sell-through that’s outpacing supply chain capabilities.

Journeys will stick to its full-price selling strategy through the back half of the year, GCO said at Goldman Sachs’ investor conference, avoiding the athletic footwear promotional frenzy it expects from competitors.

The Chinese sportswear giant received unconditional approval from that country’s State Administration for Market Regulation for its deal to buy a 29% stake in The Big Cat, funded from existing cash.

The ratings agency assigned ABG Intermediate Holdings a BB- issue level rating on its proposed $4.2 billion term loan B due 2033, which will be used to repay the company’s existing $3.7 billion term loan due 2028.

The CO-based outdoor apparel and accessories company received an unspecified equity investment from Denver-based Gart Capital Partners, the Garts’ family office.

Olin’s ammunition segment was awarded a $788.4 million contract to procure 5.56mm, 7.62mm, and .50 caliber ammunition through Sep. 10, 2031.

Fanatics and TikTok were hit with an antitrust suit filed in CA district court by MVP Breaks, accusing the defendants of conspiring to monopolize the sports memorabilia market and eliminate competition.

Branded athletic footwear sales rose just 3% last year to $104,971 million, up from $101,787 million in 2024, marking the fifth straight year of post-pandemic deceleration, driven by a small contraction in the U.S. market.

The Jackson, WY-based technical apparel brand, which said it now generates more than $100 million in annual revenue, is expanding into international markets.

The Big Cat’s chief commercial officer and 20-year company veteran Matthias Baeumer is stepping down for personal reasons, but will remain as a consultant and continue to represent Puma on Borussia Dortmund’s supervisory board.

The COLM-owned brand elevated current 20-year Columbia vet, Peter Rauch, to president of Mountain Hardwear, succeeding Troy Sicotte, who will transition to a new role as global VP, sales for the brand.

The Bluestone Equity Partners-backed pickleball equipment company expanded Doug Thielen’s role, adding president to his current position as CMO.

Net income rose 67% in the second quarter to $17,557,000 from $10,535,000, boosted by IEEPA tariff refunds, though sales slipped 1% to $730,631,000 from $739,762,000, with DSW retail sales down 2%.

Net income tumbled 67% to $6,259,000 from $19,225,000 for the second quarter on a 7% drop in sales to $284,309,000 from $306,388,000, with comps across banners down 7.1% in an increasingly competitive footwear marketplace.

Net loss expanded to $2,743,000 in Q2 from a loss of $1,002,000 last year, as revenues slipped 2% to $208,964,000 from $214,275,000 and comps were down 2.1% on lower traffic and continued softness in footwear.

Green arrows in wholesale, running and soccer are success stories for the Sport Offense strategy, CEO Elliott Hill told shareholders at the Eager Beavertons’ 2026 Annual Meeting, though turning the corner on the Chinese market, Converse, sportswear and Jordan Streetwear remain on the to-do list.

Yue Yuen’s footwear manufacturing revenue ticked down 1% in Aug., to an implied $470,799,000 from $476,135,000 last year, while total revenues at the Chinese footwear maker and retailer were 2% lower at $636,647,000 for the month.

The footwear and accessories brand won a consent judgment in DE district court against rival Mia Shoes and retailers Designer Brands (DSW), Stitch Fix, and Caleres (Famous Footwear) for infringing on Rothy’s design and trade dress.