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Daily News Feed 10/07/2026 Lululemon Resets Leadership Team Under New CEO
Coming up on a month after taking charge of the struggling apparel company, CEO Heidi O’Neill hired Maggie Gauger as president & chief product officer and Joseph Godsey as chief operating officer, two newly created roles, and made a handful of other changes in the C-suite. Anta Sports Closes Puma Stock Purchase
The Chinese sportswear giant is now Puma’s largest shareholder as Anta has completed its purchase of Artemis SAS’s 29.06% stake for €1,505.5 million in cash, according to releases from both parties. Japan’s ABC-Mart Grows Top and Bottom Lines
Profit attributable to shareholders at the multi-banner apparel and footwear retailer ticked up 7% to ¥25,931 million ($162.7 mm) over ¥24,336 million for the fiscal first half ended Aug. 31, on 6% net sales growth to ¥202,298 million ($1,265.9 mm) from ¥190,132 million. Sweaty Betty Swings to Loss on Restructuring
The Wolverine Worldwide-owned women’s fitness brand grew sales 4% to £146,717,736 ($193.0 mm) last year from £140,417,498, but the bottom line finished £2,505,123 ($3.3 mm) in the red compared to a profit of £573,586, according to a new Companies House filing. Beyond Yoga Sales Grow 9% in Q3
Levi Strauss’ yoga brand sales increased 9% to $36.0 million from $33.0 million in the fiscal third quarter ended Aug. 31, but have continued to decelerate from 16% growth in Q2 and a 23% pace in the first quarter. Fleet Feet Elevates Jason Jabaut, Others
The running specialty franchisor promoted 20-year company veteran Jason Jabaut to president from his current position as chief operating officer. Kästle Creates Advisory Board to Support Reset
The Austrian ski brand, which is owned by Czech holding company ConsilTech, has established an advisory board chaired by former Amer Sports exec Scott Mellin to oversee strategy, corporate governance, and performance. Industry Heavy Hitters Back Microfiber Action Alliance
Nike, Patagonia, Under Armour, Lululemon, Cotopaxi, and REI are among the founding members of a new initiative under The Nature Conservancy to combat microfiber pollution.
10/06/2026 Holiday Spending to Top $1.7 Trillion, ICSC Finds
Shoppers will find ways to make their Holiday 2026 spending happen despite macro headwinds, according to ICSC’s Holiday Intentions Survey, which forecasts 4.3% to 4.9% retail sales growth to over $1.7 trillion for the season. Stoke Shoes Adds Former Deckers Chief as Advisor and Investor
Dave Powers, who led DECK from 2016 to 2024 and oversaw exponential growth at Hoka and Ugg, has joined the men’s comfort sneaker brand as an advisor and investor.
The performance apparel and accessories maker has inked an agreement to acquire the Champion System custom cycling, triathlon, and running apparel brand from Lever Style Corp. Al’s Sporting Goods Closing after 91 Years
The landmark Wilmington, DE, sporting goods store is shutting its doors for good in Dec. after efforts to sell the business came up short, according to reports in local media. Dick’s Hit with Another Suit over Foot Locker Deal
DKS and chairman Ed Stack, along with several other officers, are embroiled in another proposed class action suit brought by Michael Lewis in PA district court, stemming from statements made about its Foot Locker acquisition. Adidas Sues White Fox Boutique over Stripes
The Big a sued the Australian online fashion retailer in that nation’s federal court, claiming its four-stripe clothing infringes on the iconic Three-Stripe trademark. Thermore Partners with Patagonia on Mid-weight Layers
The outdoor apparel brand will use Thermore EVOdown insulation in its new Heyes Peak collection, designed for transitional seasons and mixed-weather adaptability.
10/05/2026 Nike Downgraded after Weak Q1 by S&P Global
S&P cut the Eager Beavertons’ long-term issuer credit rating and unsecured issue-level ratings from A+ to A, and affirmed their A-1 short-term and commercial paper ratings, and now expects turnaround efforts to extend beyond the firm’s previous forecast. Brav Revenue Dropped 9% Last Year
Sales at the Norwegian owner of Swix, Lundhags, Toko, Ulvang, and Helsport fell by more than 9% to NOK 957 million ($92.1 mm) from NOK 1.06 billion, while the operating loss widened to NOK 238 million ($22.9 mm) from NOK 91 million.
The 73-year-old Canadian outdoor retailer announced on its website that it will cease operations in the coming weeks following filing for creditor protection four months ago, owing more than C$18.7 million ($13.6 mm) against just C$3.2 million ($2.3 mm) in assets.
NSSF’s adjusted NICS FBI background checks declined 2.3% to 1,152,077 in Sep. from 1,179,424, marking the first down month since the start of the year. Etcetera: Alo Yoga, Under Armour, Fabletics, Golden Goose, Ping
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