|
Daily News Feed 09/17/2026 Amer Sports Targets $3 Billion in Salomon Sales by 2028
AS’ 2026 Investor Day was focused on the meteoric Salomon brand, which has accelerated to match and even surpass Arc’teryx as the company’s fastest-growing top-line contributor. Colt CZ Group Narrows Guidance as Gun Sales Accelerate in Q2
Booming firearms sales more than offset slacking ammunition revenue in the second quarter, as total revenue grew 56% to CZK 8,569,956,000 ($410.0 mm) from CZK 5,502,581,000, while profits more than doubled to CZK 869,925,000 ($41.6 mm) from CZK 395,357,000. Yeti to Ramp Global Expansion, Expand into New Categories Including Apparel
At its 2026 Investor Day, YETI unveiled a five-year strategic plan targeting annual top-line gains in the mid- to high-single digits and annual adjusted EPS growth in the low-double digits to high-teens. Beretta Launches Offering for another 15% of Sturm, Ruger
Now that RGR’s board has dropped its poison pill and the FTC has cleared the transaction, Beretta Holding is looking to add to its current holding of 1,587,000 shares, which represents 9.95% of Sturm, Ruger’s outstanding equity. True Linkswear Scores Investment from Paramount Brands
The golf footwear brand will continue to operate independently out of its current facilities, but add the leverage of Paramount’s resources and infrastructure to build out its apparel and headwear categories. Compass Diversified Ratings Affirmed by S&P
The ratings agency affirmed CODI and its parent company’s issuer credit rating at B-, while affirming the B+ rating on the company’s senior secured debt and the B- rating on the senior unsecured debt. Sporting Goods Sales Accelerate in August
Sporting goods, hobby, music, and bookstore adjusted sales continued their stellar run, growing 10.7% year over year last month to $9,061 million from $8,182 million, the Commerce Dept. reported, and were up 1.2% sequentially from July. Cathrine Stange Takes Bergans Helm
In what amounts to a CEO swap, Bergans appointed former Brav chief Cathrine Stange to its top job, after Silje Garberg Ree departed Bergans to lead Brav. Etcetera: Nike, Skechers, Fanatics, RunWell
09/16/2026 Academy Sports New and Refreshed Fleet Drives Growth
Facing a customer base battered by rising gas prices and inflation, Academy Sports senior executives mapped out their plan to grow sales and profits in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference. Canada Goose Touts Progress on Wholesale Reset, Product Diversification
Metrics are progressing on wholesale’s post-reset period, DTC store productivity and the bid for year-round relevance, though it’s too soon to call impacts from the Canadian tariff situation, CFO Neil Bowden explained at the Goldman Sachs conference. Amer Sports Bumps Guidance Ahead of Investor Day
The Arc’teryx, Salomon, and Wilson parent now expects third-quarter revenues to increase 20% - 22%, up from its previous guidance for 18% - 20% growth, driving an adjusted operating margin slightly above its guidance range of 13.5% - 14.0%. Report: Authentic Brands Nears IPO Filing
ABG CEO Matt Maddox said the Reebok and Champion owner will be ready to publicly list as early as the first half of 2027, in an interview on Bloomberg Television. Autry Names Golden Goose Vet as CEO
The Style Capital-backed casual athletic footwear brand tapped Danilo Piarulli as CEO, as Autry aims to increase its retail footprint, boost its brand identity, and expand internationally in the U.S., South Korea, and Japan. Ferguson-Keller and Rogers Sports Marketing Merge
Ferguson-Keller Associates and Rogers Sports Marketing are merging to create an extensive independent sales rep network in the outdoor sporting goods industry, with combined coverage across 34 states spanning the Midwest, Northeast, and Southeast. Garmin Adds Applied Ballistics
GRMN has acquired its long-time partner, long-range shooting research and technology company Applied Ballistics, for undisclosed terms. FTC Nixes Beretta’s Ruger Board Seats
Beretta Holding and Sturm, Ruger have entered into a consent order with the Federal Trade Commission, which objected to their arrangement where Beretta would get two seats on the RGR board. New Balance Sues Decathlon Over Logo
NB filed suit in MA district court, accusing Decathlon of infringing its stylized “N” logo with its KIPRUN house-brand footwear. Etcetera: Nike, Scheels, Proof Research, Adidas, Brooks
09/15/2026 Crocs’ Wholesale and Heydude are Turning the Corner
Progress continues on resetting North American wholesale and Heydude in the back half of 2026, CFO Patraic Reagan reported at the Piper Sandler investor conference, as new styles power brand heat in the footwear fashion shift away from athletic. OIA Pushes Legislative Priorities in Washington
The Outdoor Alliance’s annual D.C. fly-in is underway this week, arriving days before the close of comments on a rollback of the 2001 “Roadless Rule” for national forests, aiming to stop that rescission, reauthorize the Legacy Restoration Fund, and curb further attempts to sell public lands. Golden Goose Sees DTC Fuel Growth
The luxury sneaker brand’s adjusted EBITDA improved 9% in the first half to €122.9 million ($142.9 mm) on 15% higher sales of €380.4 million ($442.3 mm), driven by direct-to-consumer, which climbed 22% year-over-year to €309.6 million. JD Sports Names New North American Leadership
The U.K.-based Finish Line and Hibbett parent elevated chief commercial officer John Mersho to president and CEO of JD North America, succeeding John Hall, who retired after a four-decade career. Nobull Hires Frank Bracken as President
The Tom Brady-backed training footwear and apparel brand hired 15-year Big Foot veteran Frank Bracken to lead its next stage of growth, just weeks after closing a funding round at a $1 billion valuation.
Handgun imports increased 23% in June to 265,979 units, according to ITC data compiled by the NSSF, with pistol imports up 30% to 249,854 units, while revolvers declined 31% to 16,125 units. Etcetera: Skechers, NSGA, Hyperwear, Rhone, PXG, Spy Optic, GSI Outdoors
|
