Daily News Feed 10/10/2025 Sports Equipment Market Returned To Growth In 2024
Following a 7.2% drop in 2023, total hardgoods sales increased 1.8% last year to $107,039 million from $105,122 million, but just 16 of the 42 companies on our list saw an improved top line. Himaraya Profits Nosedive to End Year
The bottom line at the Japanese retailer plummeted 95% to just ¥11 million ($0.1 mm) from ¥206 million on sales that were up 3% to ¥60,447 million ($418.3 mm) from ¥58,512 million for the fiscal year ended Aug. 31. Asics N.A. Elevates Mike Dougherty, Four VPs
Asics North America announced a major restructuring of its management team under CEO Koichiro Kodama, headlined by the promotion of Mike Dougherty to chief operating officer, based in the Boston office. Klutch Athletics Taps Scott Munson as President
The athletic brand, which was founded by sports agent Rich Paul, hired 28-year Eager Beaverton Scott Munson as its new president and general manager. Frasers Group Buys Luxury Retailer
The Sports Direct parent acquired a majority stake in Miami-based luxury retailer, The Webster, aiming to expand its footprint in the space.
10/09/2025 Tariff and Demand Headwinds Hit Helen of Troy
Sales at HELE’s Home & Outdoor segment, home of Hydro Flask and Osprey Packs, were down 14% to $208,721,000 from $241,944,000 for the fiscal second quarter ended Aug. 31, with operating results swinging to a loss of $72,578,000 against income of $31,152,000. Teen Survey Finds Nike Stabilizing as Spending Falls
Nike’s dwindling athletic footwear mind share among teens decelerated, though it still lost a bit to Adidas, New Balance, and On, according to the Fall 2025 Taking Stock with Teens survey from Piper Sandler and DECA. DRJB Holdings Sales and Profits Rise
Net income at David Beckham’s company increased 24% to $33.1 million last year, compared to $26.8 million in the previous year, on a 1% higher turnover of $92.3 million, up from $91.2 million, driven by Stella Artois and SharkNinja brand deals. DTC Sends Beyond Yoga Sales Higher in FQ3
Levi’s reported revenues from its yoga brand increased 2% to $33.0 million in the third quarter ended Aug. 31, up from $32.2 million, and operating loss narrowed to $4.8 million from a loss of $5.8 million. Etcetera: Designer Brands, Crocs, CEP Running, Club Champion, New Balance
10/08/2025 Caleres BTS Powered by Jordan, Elevated Brands
The Famous Footwear parent stated that elevated brands and products outperformed during Back-to-School, highlighting Jordan and other recent additions in a roundtable discussion at the Telsey investor conference. KPMG Holiday Survey Forecasts Nearly 5% Growth
The financial advisory firm found that consumers expect to spend $847 on shopping for the 2025 Holiday season, a 4.6% increase from 2024, above the low-single-digit gains predicted by other surveys. Retail Imports Forecast to Dwindle Through Year-End
The last three months of 2025 are expected to see imports drop to below 2 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates’ Global Port Tracker. Fanatics Ratings Upgraded by S&P Global
The ratings agency upgraded Fanatics Collectibles’ senior secured credit facility, which now consists of only a $600 million cash-flow revolver due Apr. 2028, to BB from BB-. Supremes Decline to Hear Crocs Appeal
The U.S. Supreme Court declined to hear CROX’s appeal of the Federal Circuit of Appeals’ ruling that revived a lawsuit over its promotional statements touting a closed-cell resin called “Croslite”.
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