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Daily News Feed


04/23/2026


Shimano Q1 Profits Benefit from ForEx Impacts

Strong growth in fishing more than offset listless bike component sales in the first quarter, pushing revenues 4% higher to ¥117,644 million ($749.9 mm) from ¥113,539 million, with net income jumping 31% to ¥12,814 million ($81.7 mm) from ¥9,786 million.

Helen of Troy Forecasts Growth for Hydroflask and Osprey Segment

Revenues at HELE’s Home & Outdoor segment dipped 2% to $216.5 million for the fiscal fourth quarter ended Feb. 28 as Osprey Packs’ growth eased declines at Hydroflask and the Oxo kitchen brand.

Polygiene Group Swings to Loss in Q1

Sales were down 25% in the first quarter to SEK 31,018,000 ($3.4 mm) from SEK 41,493,000, with a loss of SEK 1,168,000 ($0.1 mm) for the quarter compared to SEK 23,000 profit prior, as results faced an 850 b.p. ForEx headwind.

New Wave Group’s Sports Sales Inch Higher

The Swedish parent of Craft and Cutter & Buck, and distributor of other labels, reported a 7% increase in first-quarter sales to SEK 2,328 million ($237.1 mm), with the Sports & Leisure segment inching up 1%.

Mips Sales Up Low Double-Digits in Q1

The Swedish helmet technology company’s net income grew 53% in the first quarter to SEK 29 million ($3.0 mm) from SEK 19 million, as revenues improved 30% to SEK 151 million ($15.4 mm) from SEK 116 million, and were up 25% on a constant-currency basis.

Vail Resorts’ Skier Visits Decline in Disappointing Winter

Vail said it has been one of the most challenging winters across the western U.S., with record-low snowfall and historically warm temperatures, resulting in 15% lower total skier visits at MTN’s mountain resorts, while retail/rental revenue in N.A. locations dropped 7%.

CPSC Recall: Adjustable Dumbbells

Tzumi Electronics is recalling about 50,000 FitRx SmartBell Quick-Select 5-52.5lbs adjustable dumbbells because the weight plates can dislodge from the handle during use.

Etcetera: Bass Pro, Caddix, Joola, Rockport

04/22/2026


Lululemon Lands Heidi O’Neill as New CEO

The newest Chief Lulunatic is long-time Nike executive Heidi O’Neill, who will bring a solid resume of experience in product and direct-to-consumer sales leadership to the brand when she arrives on Sep. 8.

Tariff Refund Portal is Live, with A Few Hiccups

Phase I of IEPPA tariff refunds is underway, as Customs and Border Protection’s CAPE portal went live Monday, with initial functionality reported to be working smoothly, though several complaints have surfaced on major outlets.

Li Ning Sales Improve in Q1

Retail sell-through at the Chinese sportswear giant was up mid-single digits for the first quarter, excluding Li-Ning Young.

JD Sports Chairman to Depart

Andrew Higginson, the former Tesco executive who oversaw JD’s aggressive expansion over the past four years, will step down after the retailer’s annual meeting on July 21.

Puma Names New VP of Global Wholesale

The Big Cat tapped Bertrand Blanc as vice president global wholesale, effective May 1, reporting to chief commercial officer, Matthias Baeumer.

WFSGI Appoints Two New Co-Chairs

The World Federation of the Sporting Goods Industry elected New Balance’s chief operating officer, Dave Wheeler, and Jore Casimiro, Nike’s chief public affairs and public policy officer, as co-chairs at the 2026 annual general assembly in Boston.

Etcetera: J.Lindeberg, Mips, Dead Air Silencers, Golden Goose, Snow Peak, Dick’s, Fanatics

04/21/2026


Moncler’s Q1 Improves Led by Strength in Asia

Revenue was up 6% at the luxury apparel brand for Q1, tallying €880,584,000 ($1,030.3 mm) over €829,021,000, with sales of both Moncler and Stone Island rising.

Allbirds’ Shoe Biz Results Drop

While shareholders look to BIRD’s AI future, first-quarter operations continued the brand’s long-term downward trend, with sales dropping 30% to $22,321,000 from $32,114,000, according to a preliminary and unaudited filing.

Varsity Brands Buys Sports Endeavors

The BSN Sports parent is making a further push into the team sector with the acquisition of Sports Endeavors, the parent of Soccer.com, along with Lax.com, in transactions estimated to total between $300 and $400 million.

Sporting Goods, Apparel Sales Gain in March

Sporting goods/hobby/book and music store adjusted sales increased 3.8% in Mar. to $8,457 million compared to $8,145 million, the Commerce Dept. reported, flat sequentially from Feb.

Xtep Sales Inch Up in Q1

The Chinese sportswear brand said its retail sell-through grew low single digits, including both e-commerce and in-store sales, in the first quarter of 2026, following a solid Q4.

Yue Yuen Warns of Halved Q1 Profits

The footwear manufacturer and parent of Chinese retailer Pou Sheng said that first-quarter net income attributable to shareholders is expected to fall between 50% and 55% from a year ago to $34 to $38 million.

Gathr Outdoors Resets Executive Team Under New CEO

The Centre Partners-backed parent of GCI Outdoor and other outdoor and sporting goods brands appointed Jessica Klodnicki as its new chief executive officer.

KMD Brands Completes Retail Entitlement Offer

The parent company of Rip Curl, Kathmandu, and Oboz closed the retail leg of its NZ$65.3 million ($38.0 mm) capital raise, raising NZ$11 million ($6.4 mm), as shareholders’ appetite for KMD’s recovery appears tempered.

White Room International Acquires Critical Slide Society

White Room, which has the Carve, Drift, Amco, Escosol, and SMP brands in its portfolio, inked an agreement to acquire the Australian surf and lifestyle apparel brand for undisclosed terms.

Etcetera: Sperry, Sierra, Turtleson

 
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