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Daily News Feed


05/26/2026


SFIA Sees Perfect Storm for Soccer

Strong participation trends combined with the 2026 World Cup are creating perfect conditions to grow the sport this year, SFIA opined in its Soccer Spotlight: 2026 U.S. Participation Trends, Insights & Growth Drivers report.

Xebio Hit by Unseasonable Weather to End Year

Net loss was ¥2,164 million ($13.8 mm), compared with a profit of ¥971 million for Xebio’s fiscal year ended Mar. 31, on sales that inched up 1% to ¥252,331 million ($1,608.4 mm) from ¥250,603 million.

Super Retail Group Sued over Underpayments

The Rebel Sport parent was hit with a suit in Australian Federal Court on behalf of thousands of its managers who claim they were underpaid and forced to work for free, AAP first reported.

Wenzhou Sues Skechers over CozyFit

Wenzhou Zehui Clothing Co., which primarily makes medical and healthcare apparel, is suing Skechers in CA district court, asking for a declaratory judgment of non-infringement.

Foot Locker Settles with SEC over Whistleblower Rights

Big Foot will pay a $148,000 civil fine to settle a Securities and Exchange Commission charge that its separation agreements from 2020 to 2024 limited former employees’ whistleblower rights.

Etcetera: Peloton, Nester, Mainland Headwear, Chattanooga Shooting Supplies, World Cup, Speedo

05/22/2026


No NewsWire on Memorial Day

In observance of the Memorial Day federal holiday we will not publish SGI NewsWire on Monday, May 25. We will resume publishing on Tuesday, May 26.

Oura Announces Confidential S-1 Filing

The Finnish smart ring maker has confidentially filed for a public offering with the Securities and Exchange Commission as it accelerates growth in the booming wearable device market.

Duca Del Cosma Acquired by Howsam Capital

The luxury golf fashion brand is being sold to investment firm Howsam Capital, which is led by Staysure founder and Legends Tour owner Ryan Howsam, from Chairman Frank van Wezel for undisclosed terms.

PTR Industries Promotes Bill Gentry to President

The maker of roller-locked firearms elevated current VP of sales, Bill Gentry, to president, where he’ll be tasked with leading the company’s strategic direction, daily operations, and growth and innovation across all areas of the business.

Etcetera: Frasers Group, Lululemon, Black Diamond, CardVault, Mouintain High Outfitters, Asics

05/21/2026


Deckers Sees Growth Stabilizing At a High-Single-Digit Pace

Net income slipped 10% in the final fiscal quarter ended Mar. 31 to $135,571,000 from $151,411,000, hit by a rising marketing spend, as revenues climbed 10% (+8% constant currency) to $1,119,369,000 from $1,021,780,000.

Shoe Carnival Refocuses on Value-Based Customers

One-time charges sent the bottom line $5,628,000 in the red against last year’s profit of $9,343,000 for the first quarter, as net sales dipped 3% to $270,730,000 from $277,715,000.

Colt CZ U.S. Sales Plunge 31% in Q1

The group’s global business soared on acquisitions, growing 33% in Q1 to CZK 7,317,429,000 ($352.1 mm) from CZK 5,512,221,000, with profits up 37% to CZK 717,943,000 ($34.6 mm) compared to CZK 523,909,000.

Jamie Salter Stepping Down as Authentic Brands Group CEO

The ABG founder and CEO will transition to executive chairman where he’ll oversee the preparations for a long-awaited initial public offering.

Kontoor Brands Sells Lee to ABG

Authentic Brands Group inked an agreement to acquire Lee from Kontoor Brands for up to $1 billion, including an initial transaction value of $750 million and a $250 million earn-out opportunity in future years based on the brand’s performance under its new owner.

Lycra Emerges from Prepackaged Bankruptcy

The Lycra Company, having declared Chapter 11 bankruptcy in Mar., completed its restructuring, which includes new equity owners, a CEO, and a board of directors.

Oberalp Group Sets Leadership Transition

The South Tyrolean sporting goods company’s president Heiner Oberrauch has announced he is stepping down in favor of his daughter, Ruth Oberrauch, effective June 1st.

CPSC Recall: Resistance Bands

HomeProGym is recalling about 700 purple 60-pound and gray 70-pound resistance bands because they can forcefully separate from the handle during use.

Etcetera: Puma

 
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