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Daily News Feed


04/30/2026


Puma Makes Good Progress to Start Transition Year

In what’s becoming a familiar refrain from European brands, the strong euro pushed down Puma’s reported revenues by 6% to €1,863.8 million ($2,192.7 mm) from €1,989.8 million, compared to just a 1% decline in constant currency.

Columbia Lifts Profit Outlook on Tariff Relief

Revenues were essentially flat to start the year, inching up to $779,013,000 from $778,452,000 in the first quarter, down 3% on a constant currency basis, with net income slipping 19% to $34,308,000 from $42,248,000.

Gildan Posts Q1 Loss on HBI Integration

The first full quarter with Hanesbrands on the P&L saw the bottom line swing to a net loss from continuing operations of $55.1 million against income of $84.7 million for Q1, while sales surged 64% to $1,165.9 million from $711.7 million.

Crocs Raises Outlook after Q1 Tops Expectations

Net income was down 14% to $137,556,000 from $160,103,000 for the first quarter as revenue dipped 2% (-4% CC) to $921,457,000 from $937,333,000, with 12% growth in direct-to-consumer meeting a 10% wholesale decline as CROX works to align channel inventories.

Macron Hits Record Sales in 2025

The Italian teamwear brand’s revenues were up 9% last year, hitting a record €244.6 million ($287.8 mm), up from €223.6 million, as pro forma EBITDA rose 14% to €51.6 million ($60.7 mm), up from €45.1 million.

Escalade Profits on Favorable Sales Mix, Improving Margins

Net income skyrocketed 67% to $4,381,000 from $2,619,000 in the first quarter as revenues inched up 1% to $55,785,000 from $55,479,000, driven by archery momentum, including its recent Gold Tip acquisition, and billiards and safety.

Globeride Ups Forecast For FY26

The Japanese parent of Daiwa fishing said that revenues for the fiscal year ended Mar. 31 will come in at ¥126,900 million ($848 mm), better than previous guidance of ¥125,000 million and up 2% from last year’s ¥123,983 million.

Four Team Dealers Unite

Alli Sports is the name of the new parent company that will bring four team dealers under the same umbrella, including FL-based Baker’s Sports, NC-based Johnson-Lambe Co., SC-based First Team Sports Center, and OK-based Midwest Sporting Goods.

Zwift Buys Cycling App

The indoor cycling training app maker has inked an agreement to acquire Rouvy, the “real routes” cycling app, for undisclosed terms.

SRG Names New Rebel Sport GM

Super Retail Group has hired former Oroton Group CEO and McKinsey consultant Jenny Child as the new managing director for its Rebel Sport banner, succeeding retiring Gary Williams.

CPSC Recalls: Bicycle Light Sets

Smfanlus is recalling about 2,800 Qumeney bicycle lights because they violate the child-safety standard for consumer products with button-cell and coin batteries.

Etcetera: Skechers, Lycra, Cabot Hosiery, Outdoor Retailer, Salomon, Oura

04/29/2026


Adidas’ Top Line Takes €350 Million Currency Hit

The thundering euro decimated Adidas’ reported numbers in what was otherwise an outstanding first quarter, with net income attributable to shareholders growing 13% to €482 million ($567 mm) from €428 million on 7% higher revenues of €6,592 million ($7,755 mm), up from €6,153 million that would have been up 14% constant currency.

Garmin Fitness, Outdoor Sales Driven by Wearables

GRMN’s fitness segment saw Q1 sales improve 42% to $546,822,000 from $384,722,000, with growth across all categories, led by strong demand for advanced wearables.

Thule Sales Pressured by Weak Dollar in Q1

Net income posted a 10% improvement in the first quarter to SEK 293 million ($32.2 mm) from SEK 266 million as sales ticked down 3% (+4% CC) to SEK 2,573 million ($283.0 mm) from SEK 2,662 million.

MAP Active Profits Soar in Q1

The Indonesian retailer’s net income climbed 38% to IDR 470,572 million ($27.9 mm) in the first quarter from IDR 339,980 million, on 15% higher revenues of IDR 4,954,727 million ($293.9 mm) from IDR 4,319,434 million.

Chip Wilson Lashes Out After LULU Proxy

Having kept his powder dry following the announcement of O’Neill’s appointment, Wilson brought all guns to bear after Lululemon’s proxy statement came out.

S&S Activewear Parent Downgraded by S&P Global

The ratings agency lowered its issuer credit rating on S&S Holdings LLC to B- from B, with a stable outlook, citing elevated leverage following last year’s acquisition of Alphabroder and soft industry revenue trends.

Pure Hockey Buys Perani’s Hockey World

The hockey specialist is acquiring Perani’s Hockey World, adding the retailer’s 22 stores across the Midwest and surrounding regions to Pure Hockey’s footprint.

New Balance Targets MEAI for Growth

NB’s senior executive for the region, Stuart Henwood, said that sales in the UAE, Qatar, and Saudi Arabia grew 35% last year, in an interview with Arabian Business.

Puma Being Sued by Former Sprinter

World champion sprinter Abby Steiner is suing The Big Cat, along with technical partner Mercedes F1 team, claiming that shoes supplied to her caused career-ending foot and ankle injuries.

Etcetera: Crocs, Anta, Sierra

04/28/2026


Rocky Brands’ Profits Tumble on Tariff Impact

Mitigation efforts could not offset $7.1 million of incremental tariff expense in Q1, sending net income down 75% to $1,259,000 from $4,941,000 despite 9% sales growth to $124,401,000 from $114,073,000.

Lululemon Adds Another Director, Calls Out Chip Wilson

LULU appointed former chief growth and marketing officer at Unilever, Esi Eggleston Bracey, to its board of directors, replacing Colgate-Palmolive COO Shane Grant, who will not stand for re-election at the June 25 shareholders’ meeting.

Section 301 Tariff Hearings Begin

The U.S. Trade Representative’s office kicked off the first round of a two-week slate of Section 301 investigations hearings in Washington on Tuesday, as a look into the use of forced labor in products for U.S. import, produced over 450 comments and drew 60 panelists for a two-day hearing.

Nike Reduces Staff at Missouri Facility

The Eager Beavertons will lay off 172 workers at its MO air-sole facility this summer, according to a WARN notice filed with the state’s Department of Labor and Industry.

Blaser Group Appoints McBrayer to Lead U.S.

The Germany-based firearms maker elevated its current director of shotgun sales in the U.S., Josh McBrayer, to CEO of operations here.

REI San Diego Files for Union Election

Staff at the outdoor co-op’s San Diego, CA, store have filed a request to join the United Food and Commercial Workers Union.

Etcetera: S&S Activewear, Bedrock Sandals

 
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