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Sporting Goods Industry News for December 10, 2025
Retail and rental revenue increased 4% to $30,791,000 from $29,526,000 in the seasonally small fiscal first quarter ended Oct. 31, and gross margin expanded by 240 basis points to 51.5%.
Yue Yuen’s footwear manufacturing revenue ticked down 3% in Nov. to an implied $494,229,000 from $511,161,000 last year, while total revenues at the Chinese footwear maker and retailer inched down 3% to $660,164,000 for the month.
In addition to the re-launch of its renovated Freeport, ME, flagship next fall, Bean is planning to open eight new stores in 2026, including its first in AL and TN, and another eight to ten stores in 2027.
The Seawall Capital-owned watersports and outdoor gear company inked a $90 million asset-backed credit facility with PNC Business Credit.
The apparel and accessories distributor is laying off about 128 workers at its Lewisberry, PA, distribution center, according to a WARN notice filed with the state Department of Labor and Industry.
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