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Daily News Feed 03/16/2026 REI Negotiations Going Nowhere, Union Says
Union officials representing REI workers stepped up their pressure on the outdoor co-op, charging in a press release that REI’s recent declaration of an impasse in negotiations was illegal.
The Rip Curl, Kathmandu, and Oboz parent confirmed that it is exploring a recapitalization with Goldman Sachs to refinance its long-term debt facilities, but said no decision has been made to pursue any initiatives, and no terms have been finalized. Peloton and Precor Launch Commercial Bikes and Treadmills
PTON’s first offering targeted at the commercial gym market will include a connected bike and treadmill, developed with its subsidiary Precor to provide adequate durability for high-use environments. National Park Visits Inch Higher to Start the Year
January National Park recreational visits got off to a positive start in 2026, increasing 1% year-over-year to 13,734,288 in the seasonally small month from 13,544,850. Windance Wind Sports Files for Bankruptcy
The OR-based water sports retailer filed for Chapter 11 protection in that state’s federal bankruptcy court, listing less than $1 million in assets and up to $10 million of liabilities. Etcetera: Prince, Salomon, Sierra, Azimuth Technology, New Balance
03/13/2026 SFIA Finds 250 Million Americans were Active Last Year
Americans’ activity trends are skewing in the right directions as participation hit an all-time high while inactivity levels are at record lows, according to SFIA’s 2026 Topline Participation Report. Giant Group Sales Dropped 16% in 2025
The Giant Bicycle parent reported TWD 60,254.0 million ($1,933.7 mm) in 2025 revenues, down 15% from TWD 71,278.8 million, and net income declined 43% to TWD 723.3 million ($23.2 mm) against TWD 1,264.0 million. Johnson Health Tech Grows Sales and Profits Double Digits
Net income attributable to shareholders improved 13% last year to TWD 2,749.5 million ($88.2 mm) from TWD 2,430.2 million, on 14% higher revenues of 54,329.0 million ($1,743.5 mm) from TWD 47,785.4 million, incorporating a full year of Bowflex ownership. Bike Makers Merida and Ideal See Sales Slow in Final Quarter
Merida Industry, Taiwan’s second-largest bicycle manufacturer behind Giant, bounced back in the final quarter as its bottom line swung to a profit of TWD 1,200.2 million ($39.8 mm) against a loss of TWD 699.1 million, despite revenues declining 10% to TWD 26,757.2 million ($858.7 mm), down from TWD 29,633.1 million. Wolverine Worldwide Scores Rating Upgrade
S&P Global said improved operating performance and reduced leverage led it to upgrade WWW’s issuer credit rating to B+ from B, and also raise its debt level ratings by one notch. Escalade Names Patrick Griffin CEO
ESCA’s board appointed Patrick Griffin as its new president and CEO, effective Mar. 5. Adidas Sues Sneaker Site over Stolen Designs
The Big a filed suit in OR district court against Sole Retriever, a sneaker-focused website that notifies its paying subscribers about footwear releases and availability, and its principal, Harris Monoson, accusing them of stealing designs. Etcetera: L.L. Bean, Galfer USA, Reebok
03/12/2026 Dick’s SG Guides for 2026 Growth after Foot Locker Cleanup
Foot Locker integration costs and a Holiday clearance push to clean up obsolete inventory there weighed on Dick’s bottom line, sending profits down 57% to $128,337,000 from $299,969,000 while the newly acquired sneaker chain’s incremental sales pushed total Q4 revenues up 60% to $6,226,054,000 from $3,893,649,000. Zumiez Comps Higher and Earnings Surge in Q4
Net income grew 33% in Q4 to $19,550,000 over $14,754,000 as net sales increased 4% to $291,308,000 from $279,160,000, with comps up 2.2%, as North American sales grew 5% to $224.4 million and International was up 3% to $66.9 million. American Outdoor Brands is Back in The Red
Net loss was $4,073,000 against a slight profit last year, hurt by a $3.4 million impairment charge on its held-for-sale UST brand, as AOUT revenues fell 3% in the fiscal third quarter ended Jan. 31 to $56,576,000 from $58,505,000. Tariff Update: IEEPA Refunds and Section 301 Investigations
Judicial action is underway on the tariff refund front as the U.S. Court of International Trade ordered Customs and Border Protection to start a refund process after a senior judge ruled all affected importers “are entitled to the benefit” of refunds in response to a pending lawsuit from a single company. Gymshark Profits Pressured by Retail Expansion
The U.K.-based fitness apparel maker pre-announced results for the fiscal year ended July 31, 2025, touting a 7% increase in revenue to £646 million ($862 mm) from £607 million, its 13th consecutive year of growth. Starter and Converse Add $130 Million for G-III
G-III Apparel Group said its licensed sports brands topped $130 million in sales last year, up mid-single digits, on full-year results from Starter and the first six months of Converse apparel. GrabAGun Sales Improve, but Expenses Ding Bottom Line
The mobile-focused gun e-tailer’s net income dropped 80% to $0.4 million in the final quarter ended Jan. 31, from $2.0 million, despite revenues up 14% to $29,624,000 from $25,957,000. Lululemon Founder Says Board Changes Needed Before New CEO
LULU founder Chip Wilson issued an open letter to shareholders outlining the board’s shortcomings and why he put forward On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg as director candidates. Lululemon Fined For Australian Spam
The Lulunatics paid A$702,900 ($497k) in penalties after Australian authorities found that more than 370,000 service emails sent over the 2024–25 Holiday period included marketing content without an unsubscribe option. CPSC Recall: ProRider Bicycle Helmets
ProRider is recalling about 9,546 Economy, Turn Ring, Black Foam, BMX, and Toddler bike helmets because they do not comply with impact attenuation, positional stability, labeling, and certification requirements. Etcetera: Temple Fork Outfitters, Rab
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