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Sporting Goods Industry News for October 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.

ORR Names New Board Chair

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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