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Latest News 07/16/2026 Sports Direct Parent’s Net Jumps as Acquisitions Drive Sales
Frasers Group’s net profit soared 28% to £376.2 million ($507.9 mm) from £293.0 million for the fiscal year ended Apr. 26, with revenue increasing 9% to £5,325.9 million ($7,190.0 mm) over £4,900.9 million on international retail gains. Mips’ Sales up High Double Digits in Q2
The Swedish helmet technology company’s net income more than doubled in the second quarter to SEK 68 million ($7.4 mm) from SEK 32 million, as revenues skyrocketed 72% to SEK 232 million ($25.4 mm) from SEK 135 million, and would have been up 42% in constant currency.
The footwear maker’s top line grew just 1% to $449.3 million in the second quarter, down slightly sequentially, and ended the first half with a nearly 2% increase to $786.7 million against $775.0 million. Sporting Goods Sales Soar in June
Sporting goods, hobby, music, and bookstore adjusted sales surged 15.2% year over year last month to $9,071 million from $7,875 million, the Commerce Dept. reported, and increased 1.3% sequentially from May. Syntetica Closes Series A Funding Round
The French textile recycling startup completed a $30 million Series A funding round led by Ecotechnologies 2, with participation from Lululemon and the European Innovation Council. Etcetera: Anta, Walther, Bass Pro Shops, Fanatics, Psycho Bunny
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