Nike, Inc. Beats Wall Street Estimates for Q4 Top- and Bottom-Line Declines
While the company produced a beat on both the top- and bottom-line consensus Wall Street estimates for the period, many analysts appeared more interested in the fiscal 2026 full-year guidance, which was not provided in the initial release of Q4 and full-year figures.
U.K.-Based Footwear Distributor Gardiners Acquires Dubois
U.K.-based footwear distributor Gardiners Group has acquired European footwear distributor Dubois in a strategic move to expand its offering into Europe.
American Outdoor Brands’ Q4 Sales Jump 34 Percent
Sales for the maker of outdoor accessories, including under the Bubba, Caldwell, Grilla, and Hooyman names, climbed 33.8 percent in the fourth quarter and 10.6 percent in the fiscal year ended April 30. The company’s sales got a boost from the success of new products, including the ClayCopter and the Bubba SFS Lite, as well as the transition of DTC brands Grilla and MEAT! into retail, double-digit international growth, and its strategic mix shift toward the Outdoor Lifestyle category.
Recall: Bell Sports Bicycle Helmets
About 31,200 Bell Sports bicycle helmets are being recalled. The recalled helmets do not comply with the impact requirements of the Consumer Product Safety Commission’s (CPSC) mandatory federal safety standard for bike helmets.
Recall: Coleman Converta Camping Cots and Camping Suspension Stretchers
According to a statement from the CPSC, Coleman has received seven reports of the seatback adjustment mechanism pinching consumers’ fingers, including two reports of fractured fingers.
ZogSports Acquired by Volo Sports
Volo Sports, the organizer of social sports leagues and related activities for adults operating in multiple cities throughout the U.S., announced the acquisition of ZogSports, a social sports league with a reported “over 120,000 players,” based in the U.S.
FDRA Elects New Board Leadership for 2025/27 Term
The newly elected leadership for the 2025–2027 term includes Josue Solano, CEO of BBC International, as Board chair; Dan Friedman, chief sourcing and supply chain officer at Caleres, as vice chair; and Lisa Tucker, president of Shoe Show, Inc. as treasurer.
Survey: Seventy Percent of U.S. Adults Ready to Learn Pickleball
In a recent national survey conducted by the Atlanta-based company, 70 percent of U.S. adults surveyed aged 18 to 65 identified themselves as “eager to learn” or “currently learning” the game of pickleball. Twelve percent described themselves as “avid” players. Only 18 percent expressed “no interest” in learning the sport.
U.S. Squash President To Step Down
The national governing body and membership organization for the sport in the U.S., announced that Kevin Klipstein, president and CEO, will step down at the close of the year, marking the end of a twenty-year tenure.
Nosler Partners with Phelps Game Calls
Founded by lifelong hunter Jason Phelps, the company is known for making performance calls for elk, deer, turkey, and predators, designed with a focus on tone, durability and realism.
Survey: Early Back-To-School Shoppers Noticing Higher Prices
A survey of parents who have started back-to-school shopping conducted by Morning Consult found that 57 percent believe school supplies cost more this year than they did last year. A majority (59 percent) noted that inflation in general as the cause for the price increases, while 37 percent cited tariffs specifically.
Compass Diversified Reports Inability to Rely on 2022 and 2023 Financial Statements
The owner of the 5.11, Boa, Oxo, and Primaloft brands disclosed on Wednesday, June 24, its non-reliance on its financial statements for fiscal years 2022 and 2023 amid an ongoing investigation into its subsidiary Lugano Holding, Inc. The investigation does not involve CODI’s other subsidiaries.
Two Historic Southern Pines Golf Clubs Join International Marine & Lawn Hotels
Mid Pines Inn & Golf Club, which opened in 1921, and Pine Needles Lodge & Golf Club, which followed in 1928, are joining forces with Marine & Lawn Hotels & Resorts. The company, a division of AJ Capital, was founded in 2008 by Ben Weprin and manages over $5.4 billion in real estate investments in markets throughout the U.S. and U.K.
On Outsole Partner Novoloop Raises $21M to Scale Circular Performance Materials Tech
By chemically upcycling post-consumer polyethylene into low-carbon polyols and polyurethanes, Novoloop produces sustainable materials for footwear, apparel, sporting goods, automotive, and other applications.
Adidas Appoints New GM for India
Vijay Chauhan, most recently SVP International at American Eagle Outfitters, joins Adidas as GM for India, effective August 1. He will succeed Neelendra Singh, who is stepping down after over two decades with the company.
