Daily News Feed 10/17/2025 Vendor Executive Compensation Grew 13% in 2024
Total compensation of the top 111 executives at public sporting goods companies reached $552,350,868 last year, as comparable pay for executives on our list increased by 13%, lapping a 24% decline the year before. Xtep Records Modest Growth in Q3
The Chinese sportswear brand reported that its retail sell-through improved by low single digits for the core Xtep brand in Q3, while the retail discount level was around 25% to 30%. ThredUp Report Says 40% Will Buy Secondhand
In a year of economic uncertainty, 40% of consumers plan to turn to the secondhand market to meet their holiday needs, according to the 2025 Holiday Report from secondhand e-commerce platform ThredUp. Chinese Bike Makers Form Joint Venture
E-bike specialist Dahon Tech is partnering with bike maker Golden Wheel Group to form a new company, Dagold Technology, to expand its share in the e-mobility industry. Archery Price Fixing Suits Consolidated
The nearly 20 proposed class action suits that accused several retailers that carry archery equipment, including Dick’s SG and Bass Pro, of price fixing have been consolidated and transferred to CO district court. Etcetera: Lowa, On Running, Skida
10/16/2025 NRF Survey Forecasts 1% Drop in Holiday Sales
After yesterday’s gloomy forecast from Deloitte, the picture for Holiday 2025 is a little rosier at the National Retail Federation, as their seasonal survey, conducted by Prosper Insights & Analytics, found an average retail spend of $890.49 on the horizon, down only 1% from last year’s record of $901.99. Stella Int’l Sees Sneaker Orders Driving Sales Gains
Third-quarter revenues increased 4% to $391.6 million from $378.0 million at the high-end sneaker and other footwear maker, driven higher by growing athletic sales. Birkenstock is Acquiring its Australian Distributor
BIRK is taking over its business down under by acquiring long-standing distributor Birkenstock Australia Pty. Ltd. from founders Marcel and Manuela Goerke, which will now operate under its Birkenstock International Asia GmbH subsidiary. CPSC Recalls: Rowing Machines, Bike Frames
iFit Health & Fitness is recalling about 45,500 NordicTrack Model NTRW19147 rowing machines because the screen console can overheat and catch fire.
10/15/2025 Deloitte Warns of Plunging Holiday Spending
Deloitte’s picture for Holiday 2025 is looking bleaker than some other preliminary forecasts, with the highest consumer recession fears since its tracking began in 1997, as average consumer spend is guided down 10% to $1,595 from $1,778. Sturm, Ruger Adopts Poison Pill after Beretta Advances
Revealing that Italian gunmaker Beretta Holding S.A. has accumulated 9% of outstanding RGR shares, Sturm, Ruger’s board adopted a stockholder rights plan with a one-year duration through Oct. 13, 2026. Rapala VMC Changes Global Management Team
The Finnish fishing gear maker has elevated Travis Tuma to president of Rapala VMC USA, effective Jan. 1, succeeding Marcus Twidale, who is returning to Europe to take on a new role as head of brand group strategic brand management. Nike Renames World Headquarters
The Eager Beavertons renamed its roughly 400-acre Portland, OR, World Headquarters to The Philip H. Knight Campus to honor the company’s co-founder.
The Outdoor Recreation Roundtable has appointed Glenn Hughes, president and CEO of the American Sportfishing Association, to chair its board, succeeding Frank Hugelmeyer, who has served in the role for the past four years. Fanatics Collectibles Launching Topps Basketball
The licensing juggernaut is partnering with the NBA and NBPA as Topps returns as the league’s and players’ association’s exclusive trading card licensee, the first time since the 2009/10 season. Giant Group Continues Labor Reforms
The Giant Bicycle parent made additional changes in response to the U.S. Customs and Border Protection Withhold Release Order, which prohibits imports of its Taiwan-made bikes, components, and accessories. Etcetera: Alo Yoga, Xebio, Running USA, Kent Cartridge, Awesome Golf, AAFA
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