NSSF: Adjusted NICS Background Checks Decline for Sixth Straight Month
The National Shooting Sports Foundation (NSSF) reported that the July 2025 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure fell 8.1 percent year-over-year, marking the sixth consecutive month of declines. July marked the first time in 71 month that sales-related background checks came in below one million.
NRF and FDRA See Latest Tariff Structure Hurting Consumers
The National Retail Federation and Footwear Distributors and Retailers of America both issued statements expressing disappointment over the Trump Administration’s move last Thursday, July 31, to place tariffs on scores of countries.
REI Co-Op and Labor Groups Agree to National Bargaining Structure
An REI spokesperson stated that the agreement reflects both parties’ commitment to finding solutions to complex issues and clears the way for continued good-faith discussions toward a collective bargaining agreement.
Recall: Leatherman Charge Plus Multi-Tool Due to Laceration Hazard
In in cooperation with the U.S. Consumer Product Safety Commission, Leatherman has recalled the Charge Plus and Charge Plus TTi multi-tools. The tip of the knife blade does not fully fold into the handle, posing a laceration hazard. No injuries have been reported.
No incidents or injuries have been reported.
OR and Surf Expo Parent Posts Flat Q2 Organic Revenue
The owner of the Outdoor Retailer and Surf Expo trade shows reported revenues of $105.5 million for the second quarter 2025, an increase of 22.7 percent due to acquisitions. Organic revenues were flattish, up 0.4 percent.
Dick’s SG Extends Expiration Date for Foot Locker Debt Exchange Offer
The retailer has extended the expiration date in connection with its previously announced offer to exchange Foot Locker notes for Dick’s notes to August 29. The exchange offer was due to expire on August 1.
Arris Composites Appoints Board Member
The maker of advanced materials such as carbon fiber for the footwear and cycling industry appointed Kevin Yeaman, president and CEO of Dolby Laboratories, to its Board of Directors. His experience “directly parallels Arris’ strategy to scale its proprietary technology and composite material innovation across mass-market industries through licensing and strategic partnerships.”
Revelyst Hires Former VF Corp. Transformation and Finance Exec as CFO
The parent company of the Bell, Bushnell, CamelBak, Fox, Giro, and Simms Fishing brands, and others appointed Naren Varatharajah as chief financial officer as part of a planned CFO transition. He succeeds Andy Keegan.
Caleres Completes Acquisition of Stuart Weitzman
Caleres has closed on the acquisition of Stuart Weitzman from Tapestry, Inc. for $120.2 million, which included $11.5 million in cash received at the closing. Caleres expects to leverage its capabilities and expertise in footwear to return the brand to profitability after a period of transition and integration through the balance of this fiscal year.
Puma Appoints Archie McEachern as VP of Basketball
McEachern, who takes the helm on August 18, replaces Max Staiger, who left the company earlier this year. He will be based in Boston and report to Puma’s Chief Product Officer Maria Valdes.
Outgoing Topgolf CEO Heads to Harley as Jochen Zeitz Plans Exit
Topgolf Callaway announced last week that Starrs had resigned, effective the end of September. His departure came as the Callaway is planning to spin-off the Topgolf business into a stand-alone company again.
Study: Nearly Three-Quarters of U.S. Retailers Have Lost Profits Due to Tariffs
While 73 percent of companies plan to increase prices to offset the impacts of tariffs, 37 percent admit that it takes weeks or months to implement these price changes. The survey found that 30 percent of the average business costs of U.S. retailers surveyed were exposed to tariffs; this anxiety reflects a significant risk to profits.
Survey: 85 Percent of Parents Worry About Tariffs Affecting BTS Costs
A late July survey from U.S. News found that 57 percent of respondents are cutting back on BTS shopping this year due to concerns about rising prices, with the top categories targeted for reductions being clothes and shoes, accessories, and technology.
Former Nike CEO John Donahoe Named Stanford University AD
John Donahoe, who resigned from Nike last October after a tumultuous term as CEO, was appointed Jaquish and Kenninger director of athletics at Stanford University. He earned his MBA from Stanford’s Graduate School of Business in 1986.
Colt CZ Group’s Sellier & Bellot Appoints CEO
Sellier & Bellot, the Czech ammunition producer owned by Colt CZ Group, promoted Vladimír Rada, the current chief financial officer, to chief executive officer. Sellier & Bellot’s former CEO Radek Musil on January was appointed CEO of Colt CZ.
