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Sporting Goods Industry News for August 14, 2026
The frail yen, combined with strong brand momentum worldwide, drove Asics to another record second quarter, growing revenue 36% to ¥264,218 million ($1,658.1 mm) from ¥194,485 million, with a better-than-30 % improvement in every global market outside Japan.
Revenues at the Fila brand owner and Acushnet majority shareholder increased 17% to KRW 1,431,157 million ($953.0 mm) from KRW 1,227,714 million in the second quarter, benefitting from the golf company’s stellar club revenues.
Net income slipped by 20% in Q2 to $908,989 from $1,138,734, as sales inched up 1% to $16,390,944 from $16,176,339 at the South African maker of protective equipment.
Under Dog and Dwayne “The Rock” Johnson are ending their 10-year Project Rock partnership, which saw UA produce training apparel and footwear for the Johnson-owned brand.
BIRK’s largest shareholder is selling $1 billion of its stake, or about 25.5 million shares, priced at $39.95 per share, about half of which will be repurchased by Birkenstock and canceled.
The PA-based compression apparel maker and the Eager Beavertons said they are ready to settle, but only if the Third Circuit agrees to vacate the finding that Nike’s litigation conduct was unreasonable.
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