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Daily News Feed 03/24/2026 361 Degrees Posts Double-Digit Sales Growth
Net income attributable to shareholders at the Chinese sportswear brand was down 14% to RMB 1,308.9 million ($183.2 mm) from RMB 1,148.6 million for 2025, though revenue tallied RMB 11,145.8 million ($1,560.4 mm), up 11% from RMB 10,073.5 million. Leatt Returns to Profit in 2025
The South African protective equipment maker finished last year in the black, posting a profit of $3,263,922 against a $2,204,664 loss in 2024, as revenue soared 41% to $61,907,914 from $44,027,942.
The Rip Curl, Kathmandu, and Oboz parent said “Naur” to former Billabong CEO, Paul Naude, rejecting a bid to add Naude’s Stokehouse surf apparel and accessories company to Rip Curl. Frasers Adds to ASOS Stake, One Step from Takeover Trigger
The UK retail conglomerate controlled by Mike Ashley has accumulated a 29.26% stake in ASOS through a mix of direct shares and derivatives, making it the company’s largest investor, SGI Europe reported.
In advance of its 2026 annual meeting, RGR added a section on its website to host information related to its proxy battle with Beretta, including a new presentation that makes the case for staying the course. Nike Dunks on Social Media Influencer
The Eager Beavertons were awarded $11 million in total damages by a Cen. CA district court jury, which found social media influencer Nick Tuinenburg and his company, Divide the Youth, liable for counterfeiting and infringing on Nike’s Dunk trade dress.
03/23/2026 Samsonite Pack Brands Boost FY Results
SMSEY’s non-travel category, which includes packs and casual bags from its Gregory Pack and High Sierra brands, increased 8% to $362.0 million from $334.6 million in the fourth quarter. Solo Brands Sees Lower Sales but Higher Profits in FY 26
The parent company of Solo Stove, Chubbies, Isle, and Oru Kayak issued full-year guidance forecasting revenue of $280 to $310 million, a slight decline from last year’s $316.8 million, but profits should come in higher with an adjusted EBITDA of $24 to $30 million. Report: QIA Exploring Stake in Golden Goose
Qatar Investment Authority, the Arab country’s sovereign wealth fund, is eying a 10% equity stake in Golden Goose, Corriere della Sera first reported. Deichmann Appoints New Snipes Europe Chief
Samuel Deichmann, a fourth-generation member of the Deichmann Group’s owning family, has taken direct control of its sneaker and streetwear subsidiary, Snipes Europe, as its general manager. Sun Day Red Triumphs over Puma in Singapore
Tiger Woods’ brand sees a Singapore trademark tribunal rule that its tiger logo does not infringe on Puma’s leaping cat, noting that it reads clearly as a tiger with thick, segmented lines representing stripes, and is moving horizontally rather than leaping. Etcetera: New Balance, Crocs, Dead Air Silencers
03/20/2026 Footasylum Names New CEO
The U.K. sneaker and streetwear retailer tapped Hannah Mercer as CEO, effective May, a month after the surprise exit of David Pujolar following two years of efforts to stabilize its business. National Park Visits Inch Lower in February
National Park recreational visits slipped 2% year-over-year to 14,259,458 in the seasonally small month from 14,579,337, and year-to-date visits are now just negative at 27,950,065 from 28,124,187. Under Armour Sues Counterfeit Seller
Under Dog filed suit in TX district court, accusing eBay seller Infinity RL 2000 of infringing on its logo and marks. Etcetera: Under Armour, Johnnie-O, Centerline Athletics
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