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Sporting Goods Industry News for October 14, 2026
Black Friday will continue to have an outsized influence on Holiday shopping, according to Bain & Company, which forecasts the day will lead the season in a year when Black Friday to Cyber Monday will grow 8.8% while total Holiday spending grows 4.5%.
Roots shareholders voted overwhelmingly for the go-private deal, with over 99% giving the green light, as Marquee Brands acquires the outdoor and lifestyle apparel brand for C$4.10 ($2.97) per share in cash for a purchase price of C$160.7 million ($116.4 mm).
The parent of Ergatta, Wattbike, CLMBR, and FORME issued 768,509 Series R convertible preferred shares in exchange for $7,685,090 of outstanding unsecured convertible notes on Sep. 30.
Chinese running specialist 361 Degrees said that core brand retail sales grew mid-single digits in the third quarter, while its independently run 361º Kids brand improved mid- to high-single digits.
The Manhattan Beach-based sneaker giant aims to raise $3 million this year in its long-running campaign supporting children with special needs, public schools and national college scholarships.
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