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Latest News 04/24/2026 Gymshark Net Slips Despite Rising Revenues
Final numbers for the fiscal year ended July 31 show the U.K. fitness brand’s top line increased 7% to £647,269,000 ($851.7 mm) from £607,345,000, while profits contracted 5% to £6,823,000 ($9.0 mm) from £7,197,000. Sneaker Demand is Slipping, Survey Finds
Net purchase intent declined 5% year-over-year for athletic shoes and 8% for athleisure and multi-activity footwear, according to the Spring 2026 U.S. Consumer & Executive Footwear Survey from AlixPartners and FDRA. Nike Announces Another Round of Layoffs
The Eager Beavertons will slash about 1,400 positions, primarily in the technology department, aimed at streamlining the Swoosh’s technology, manufacturing, and supply chain operations. Rossignol Sales Up Low Singles Last Year
Rossignol Group said sales improved 4% on a like-for-like basis to €346 million ($389 mm) and 3% constant-currency, driven by its year-round performance strategy. Protective Headgear Inventor Sues Guardian Sports
Shane Michael Johnston, who holds several protective headgear patents, filed suit in GA district court against Guardian Sports for infringing on five patents with its Guardian Xenith Loop. Etcetera: Xtep, New Era, Watchtower, Nemo
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