NRF: Summer Import Cargo Forecast to Surge but Full Year is Expected Down

Ports have not yet reported numbers for May but Global Port Tracker projected the month at down 13.4 percent from April and down 8.1 percent year-over-year. Volume is expected to surge over the summer and then expected to drop sharply for the remainder of 2025, with large year-over-year declines seen partly because imports in late 2024.

Hanes Names S&S Activewear Exclusive Distributor for Printwear

The exclusive distributor of the Hanes brand in the North American printwear channel will carry the full range of Hanes styles and also offer deeper inventory positions and enhanced availability across its national distribution network to support decorators and promotional partners.

Beyond Yoga Opens First East Coast Store

The 2,760-square-foot store in in Greenwich, CT is the Levi’s-owned brand’s largest to date and eighth overall. The company has additional store openings planned for later this year in Boston’s Seaport neighborhood, Westport, CT and Marin, CA.

Recall: BowFlex Adjustable Dumbbells

Johnson Health Tech Trading, the parent company of BowFlex, announced a voluntary recall of BowFlex 552, 52.5 lb Adjustable Dumbbells and BowFlex 1090, 90 lb Adjustable Dumbbells, due to impact hazards, including 3.7 million sold by Nautilus, Inc.

EXEC: Lululemon Shares Hurt by Analyst Price Target Cuts

Shares of Lululemon Athletica Inc. are down about 20 percent in mid-day trading on Friday, June 6 after the yoga-themed retailer trimmed its earnings guidance for the year as proposed tariffs threaten its supply chain. Lululemon officials on an analyst call remained bullish on Lululemon’s ability to manage the disruption. Calvin McDonald, company CEO, said, “We intend to leverage our strong financial position and competitive advantages to play offense.”

TYR Sport Partners with World Aquatics

TYR Sport reached an agreement to become the exclusive global supplier of swimwear and accessories for World Aquatics, the governing body for all aquatic sports formerly known as FINA.