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Sporting Goods Industry News for October 21, 2026

Smith & Wesson Buys Savage Arms

S&W has its eye on the top firearms market share with the acquisition of Savage Arms from an indirect subsidiary of JDH Capital I, L.P. in a $160 million deal inked Oct. 21.

Puma Board Adds Two Anta-Affiliated Directors

After Anta Sports acquired nearly 30% of The Big Cat's equity, Dennis Tao and Jeanne Huang joined Puma’s supervisory board, replacing Héloïse Temple-Boyer and Jean-Marc Duplaix.

Anta’s Sales Slip in Q3 on Soft Demand

The Chinese sportswear giant said retail sales of its core Anta brand declined mid-single digits in the third quarter, down from low-single-digit growth last year and from low-single-digit growth in Q2.

Thule Has a New Chairman after Shareholder Revolt

Per-Arne Blomquist now sits in the big chair of the Swedish equipment manufacturer's board, stepping up from vice chairman to succeed Hans Eckerström during a whirlwind 24 hours.

Skechers Says Not So Fast to Handsfree Labs

Skechers fired back at Kizik’s parent company, claiming a “major legal and commercial victory” in the IP dispute over hands-free entry shoes with Handsfree Labs before Europe’s Unified Patent Court.

7-Eleven Dismisses Nike Suit

The convenience store chain filed a notice of voluntary dismissal with prejudice in TX district court, abandoning the July action accusing the Eager Beavertons of infringing on its Tri-Color mark.

Etcetera: A4, Academy, Nike, FP Movement
 
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