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Sporting Goods Industry News for December 19, 2025
SGI NewsWire is taking next week off for the Holidays. We’ll resume posting on December 29, with our next weekly issue published on January 6. Happy Holidays to all our valued subscribers!
Total revenues at the 47 public companies we track increased 5% to $55,482.6 million in the third quarter, up from $52,854.9 million last year, while aggregate net income slipped 10% to $3,613.1 million from $4,020.7 million.
Reporting first-quarter results after a seven-month delay to investigate fraud at its Lugano segment, CODI’s sporting goods brands mainly posted higher sales and profits.
The Big Cat has secured a €500 million ($581.4 mm) bridge loan and additional confirmed credit lines of €108 million ($125.6 mm), aimed at providing interim liquidity to refinance its existing €1.2 billion revolving credit facility.
The Giant Bicycle parent submitted its formal Petition for Modification and its Corrective Action Plan in response to the U.S. Customs and Border Protection’s Withhold Release Order issued in Sep.
Asics is establishing its first U.S. research hub in collaboration with the University of Michigan, aiming to leverage the Wolverines’ research capabilities and running community to drive innovation.
Amp Fit is recalling about 1,900 Amp MP2 Smart Fitness Machines because the arm does not lock properly, potentially allowing it to swing unexpectedly.
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