CORPORATE AND M&A
+++ eBay has completed its acquisition of secondhand fashion marketplace Depop, which will retain its brand, platform and customer experience while gaining access to eBay’s global scale and capabilities
+++ BikesOnline.com has relocated its Southern California headquarters from Carlsbad to San Clemente, combining West Coast fulfillment, a customer showroom and test-ride facilities to support faster delivery and local rider engagement
+++ Spanish footwear brand Munich is negotiating a restructuring that would cut 65 jobs – around 16% of its workforce – and close about 15 stores in Spain as it seeks to improve profitability while refinancing more than €20m in debt
+++ Halfords, the British provider of motoring and cycling services and products, will join the FTSE 250 Index, effective August 4, 2026
+++ Shein is targeting a US$30 to 40 billion valuation for its planned Hong Kong IPO, a sharp reduction from previous private valuations, as the fast-fashion retailer seeks to secure strong investor support amid slowing growth and mounting market pressures +++
FINANCIAL REPORTING
+++ EssilorLuxottica reported strong first-half 2026 results, with Oakley and Ray-Ban emerging as key growth drivers as sales of the company’s AI eyewear nearly doubled in the second quarter +++
PRODUCT & MARKETING
+++ Brompton and Deutsche Bahn have expanded their German folding-bike subscription to include the Electric C Line powered by e-Motiq for €99 per month, alongside the standard C Line at €41, under a 12-month contract including delivery, insurance and a six-month service check
+++ Fleet Feet and Altra have joined as founding partners of Still Running: 10 Years Apart, a new podcast offering expert guidance and community support for women runners through every stage of life
+++ GoPro has expanded its Mission 1 camera ecosystem with new Creator Edition bundles, a Media Mod, Volta 2 battery grip and firmware update as it prepares to report its first full quarter of Mission 1 sales amid an ongoing strategic review
+++ British Cycling and Lloyds have launched the free eight-week Sofa to Saddle app, aiming to encourage one million more people to cycle by 2028 through guided training and expert-backed support
+++ Decathlon CMA CGM will launch a women’s ProTeam in 2027, integrating it into its NewGen development program to support the next generation of female cyclists with the long-term goal of reaching the UCI Women’s WorldTour
+++ Timberland Pro has signed a multi-year partnership with NASCAR to become its official protective footwear and safety toe partner, supplying safety boots to employees and track workers while collaborating on product development and workforce initiatives
+++ Megamo Bicycles has introduced the Ryal, a new enduro e-MTB range that combines mountain bike capability with increased everyday practicality
+++ Vibram set up a “mobile innovation lab” and repair clinic at the International Climbers’ Festival in Wyoming, which was held on July 9-12, 2026, an opportunity for the soling technology provider to learn from the field
+++ Colorado’s Breckenridge Ski Resort has launched a new “Kingdom of Breckenridge” branding campaign inspired by the town’s omission from an 1880 US census map, combining its historical identity with new guest experiences and marketing initiatives to highlight the resort’s unique character
+++ Rumpl has launched the Gametime Puffy, a two-in-one recycled blanket and padded seat cushion for sports spectators, available from Aug. 1 through its website and exclusively at Dick’s Sporting Goods
+++ Matador has replaced its entire travel bag lineup with an all-new collection of 11 backpacks and bags, featuring standardized designs, new technical features and an average price reduction of 18% +++
RETAIL & DISTRIBUTION
+++ The North Face has permanently closed its Berkeley, California, store – its last retail location in the city that once served as the brand’s headquarters – continuing its reduced retail presence in the San Francisco Bay Area
+++ Californian dog adventure gear brand Wilderdog has entered its first major brick-and-mortar retail partnership by launching its outdoor dog gear in 40 REI stores across the US, with further expansion planned +++
EXECUTIVE CHANGES
+++ Germany-based department store chain Galeria has appointed retail restructuring expert Manuel Farrokh as its first Chief Transformation Officer to lead the department store group’s strategic turnaround program through 2029
+++ Dynastar, Lange and Look have appointed industry veteran Jamie Urbana to succeed longtime Colorado sales representative Ed Green, who will retire at the end of 2026 after 33 years with the brands +++
LEGAL & INSTITUTIONAL
+++ Temu has rejected the European Commission’s preliminary findings under the EU Foreign Subsidies Regulation, denying it received market-distorting foreign subsidies while pledging to continue cooperating with the investigation
+++ onX has launched a free Public Land Comment Hub, an interactive platform that consolidates federal public land consultation opportunities into a single map and dashboard, making it easier for outdoor recreationists to participate in US land management decisions +++
OBITUARY
+++ The body of famed British-Nepali climber Nirmal Purja, 43, was found on Pakistan’s Broad Peak, where he and nine other people were killed in an avalanche +++
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