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Latest News


04/02/2026


No NewsWire on Good Friday

In observance of Good Friday, we will not be publishing SGI NewsWire on Friday, April 3. We will resume publishing on Monday, April 6.

Tariff Refund Portal Progressing, CBP Reports

The development of IEPPA tariff refund infrastructure is well past the 50% mark, according to a court filing this week from CBP official Brandon Lord, although the department is still mum on a start date for applications.

WHP Global Closes Lands’ End Deal

The licensing company that owns Lotto and a dozen other brands now owns a 50% stake in LE brand assets through a joint venture with the retailer.

NICS Checks Rise Again on Gun Control Fears

NSSF’s adjusted NICS checks increased for the second consecutive month, rising 1.9% to 1,412,917 in Mar. from 1,386,724 a year ago, and are up 1.6% year to date.

ThredUp Projects Secondhand Apparel to Reach $393 Billion by 2030

The apparel resale platform sees secondhand apparel sales growth outpacing the overall apparel market by a factor of two, with a 7.3% CAGR vs. 3.6% between 2025 and 2030.

Solo Brands Faces Delisting Again

Trading in the Solo Stove and Chubbies parent’s shares has been suspended by the NYSE, which has commenced proceedings to delist SBDS because its market cap fell below $15 million for more than 30 consecutive days.

Nike Beats Most Claims in Investor Fraud Case

The Eager Beavertons scored a victory as an OR district court judge dismissed with prejudice nearly all the claims in a securities class action against the company, but left the door open for the plaintiffs to amend one claim against Nike and former CEO John Donahoe.

Peloton Wins Derivative Suit

An E. NY district court judge has dismissed a suit brought by Sam Solomon on behalf of shareholders that claimed PTON intentionally concealed safety-related defects, which ultimately ended in the company recalling over 2 million Bikes.

American Outdoor Brands Sues over Copycats

AOUT filed suit in TX district court, accusing Eposeidon Outdoor Adventure and KastKing Fishing Tackle of infringing on two patents related to its Bubba interchangeable fillet knife with the defendant’s KastKing products.

CPSC Recall: Ocun Carabiners

Ocun N.A. is recalling about 304 Condor HMS triple carabiners because the gate can malfunction, failing to close automatically and requiring closure by hand.

Etcetera: Fanatics Collectibles

 
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