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Daily News Feed


06/23/2026


Counterfeits Abound as World Cup Apparel Demand Soars

While point-of-sale data show triple-digit gains in soccer apparel and equipment sold through official channels in the World Cup year, the counterfeit market is threatening legitimate sales through e-commerce channels and by increasing production scale.

Nike CFO Matt Friend is Stepping Down

Friend is leaving the Berm after more than 17 years, with the last six as EVP and CFO, and will be succeeded by Pfizer EVP and CFO Dave Denton effective Aug. 16, then separate from the company on Sep. 4.

Accent Group Rebuffs Frasers Bid

The Australian distributor and licensee of nearly two dozen footwear and apparel brands called Frasers Group’s unsolicited below-market offer of A$0.65 in cash per share “highly opportunistic” and recommended that its equity holders take no action.

Kingmaker Profits Pressured in Q4

The Chinese footwear manufacturer for Wolverine Worldwide and other brands said that revenues slipped 3% for the fiscal year ended Mar. 31, resulting in a net loss of between HK$70 and HK$75 million for the period.

Itochu Acquires Champion License Rights in Japan

The Japanese trading giant has acquired the sales and license rights for Champion from Authentic Brands Group to market and license the brand in the Land of the Rising Sun, targeting sales of roughly ¥35.0 billion ($223.1 mm) in three years.

URunn Scores Funding Round

Mo Farah’s running app raised an unspecified seven-figure funding round led by existing backer 10XU and a group of private investors.

Etcetera: Glory Wheel, Skechers, Academy

06/22/2026


Outdoor Holdings Nears Breakeven, Aims for FY27 Growth

Net loss attributable to shareholders at the Gunbroker firearms marketplace parent was slashed 98% to $1,480,107 from $78,282,355 for the fiscal fourth quarter ended Mar. 31, as net sales rose 10% to $13,889,393 from $12,614,668.

Shimano Reorganizes Bicycle Components Division

Yuzo Shimano, senior executive officer and third-generation member of the Japanese company’s founding family, is expanding his role as head of the bicycle components division effective July 1.

Mitch Modell Returns to Retail for a Cause

A few years have passed since Modell’s Sporting Goods filed for bankruptcy at the beginning of the pandemic, and now veteran merchant Mitchell Modell has launched an e-tail website.

The Leisure Collective Elevates New Brand Leaders

The Australian owner of Creatures of Leisure, Otis Eyewear, Sito Shades, and Layday promoted Beau Campi to director of brands, a newly created position for the Billabong and Volcom veteran.

Bass Pro Shops Opening Huge NJ Store This Fall

Bass Pro’s long-awaited, 200,000-sq.-ft. Sayreville, NJ, store at the Riverton mixed-use retail complex will open this fall as the largest, single-level Outdoor World ever.

Etcetera: Johnson Outdoors, Columbia, L.L. Bean, Adidas

06/19/2026


Sporting Goods Imports Dip Again, Led By China Decline

A year after the Trump Administration announced its “Liberation Day” tariffs, Q1 industry imports settled to more normal historic levels, dropping 8% overall from 2025 to $5,578.0 million from $6,059.5 million.

Castore Buys 160-Year-Old British Shoe Maker

The U.K.-based sportswear brand’s parent company, J.Carter Sporting Club Ltd., has acquired Grenson, one of Britain’s oldest shoemaking brands, for undisclosed terms.

Pocketec Sues over Marks

The golf gloves and accessories maker filed suit in NJ district court, accusing Korman Sports and PT Sukses Komerindo, along with its owner, Andrew Kang, and his brother, the owner of Honest Trading Corp., Young Kang (aka Philip Kang), of misappropriating and infringing on Pocketec’s marks.

Etcetera: Omorpho, Adidas, Reebok, Topgolf

 
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