|
Daily News Feed 09/24/2026 Team Sports Participation Hits New Record
Arrows largely point in the right direction for the industry as post-pandemic declines in sports per participant level off and core participation logs a second year of improvement, according to the 2026 SFIA U.S. Trends in Team Sports Report. Mastercard SpendingPulse Sees Inflation Driving Growth this Holiday
Retail sales, excluding cars, are expected to grow 5.5% over 2025 this Holiday season, supported by a healthy labor market and wealth gains, but about 2.8% of the increase is attributed to inflation, according to Mastercard SpendingPulse. Oberalp Elevates Stefan Rainer to CEO
Oberalp Group has promoted its chief sales officer Stefan Rainer to CEO effective Oct. 1 in a planned transition, succeeding Christoph Engl, who has led the Bolzano-based outdoor and sporting goods group since 2018. BSN Sports Terry Babilla Steps Down
After nearly 32 years building the Varsity Brands-owned team dealer into an industry powerhouse, Babilla is retiring effective Sep. 30, but will remain involved as an advisor and investor. Rapha CEO Departs after FY Loss
Rapha’s chief, Fran Millar, is stepping down after two years as the British cycling apparel company prepares a significant organizational restructuring aimed at reducing costs and returning to profitability. MVC Group Acquires Backpack Maker
The Italian cycling and outdoor apparel company has acquired technical bikepacking brand Tailfin as it targets €150 million ($174.4 mm) in revenues by 2028. Newton Golf Invests in Critical Minerals Mine
The golf shaft maker has acquired an option on a beryllium-tungsten mine called the Pole Canyon project in White Pine County, NV, in exchange for 19.9% of its issued and outstanding common stock. Oura Sued over Sleep Accuracy Claims
The smart ring maker was hit with two separate proposed class action suits in CA district court, accusing it of misleading consumers that it can accurately track the quality and stages of users’ sleep. Etcetera: On, Helly Hansen, Headrest Safe, JumboMax, Solbari
09/23/2026 JD Sports Profits Narrow in H1, but Guidance Holds
After warning last month that U.S. sales were decelerating, the U.K.-based parent of Finish Line, Hibbett and other banners said H1 adjusted profit before tax dropped 20% to £282 million ($381 mm) from £351 million, as total revenues slipped 1% to £5,899 million ($7,972 mm) from £5,940 million. KMD Brands Will Entertain Offers as Sales Improve
Net loss more than quadrupled to NZ$415,959,000 ($243.3 mm) for the fiscal year ended July 31 from NZ$95,058,000, with an NZ$462,658,000 impairment expense, as sales grew 7% to NZ$1,053,019,000 ($615.8 mm) from NZ$989,015,000. Manchester United Retail, Commercial Sales Slip in Final Quarter
ManU’s commercial revenue declined 18% to £72.2 million ($97.6 mm) in the final fiscal quarter ended June 30, as retail, merchandising, apparel & product licensing was off 7% to £34.4 million ($46.5 mm), but up 8% for the year to £156.8 million ($211.9 mm). Thule Sees Gross Margin Improving in Q3 despite Pressures
The Swedish bike and travel accessory manufacturer said in a pre-earnings report that organic growth was 3% for the first half, and EBIT margin was almost 1.5%. Anta Sports’ Business is Improving, Moody’s Says
The Chinese sportswear giant received an outlook upgrade from stable to positive from Moody’s, which also affirmed an A3 issuer rating and expects high-single-digit revenue growth and an adjusted EBITDA margin of 34% to 35%. Etcetera: 2XU, Rhone, Taivo, NSSF, Rec-Com Outdoors, Big Max, Adidas, Puma, Canada Goose, Fanatics
09/22/2026 On’s Premium Playbook Gets Boost from Soccer and Golf
The Swiss sportswear brand is guiding for a high-teens top-line CAGR through 2029 in the new three-year targets unveiled at its 2026 Investor Day, on full-price selling and premium positioning, which should flow down to a 20%-plus adj. EBITDA CAGR on stable gross margins and SG&A leverage. Nordic Outdoor Group Acquires Fibe
NOG, which purchased Bios Aktiebolag and its iFish brand earlier this month, has now acquired Swedish fishing supplier Fibe AB, expanding its position in Nordic ice and winter fishing. S&P Weighs in on Dick’s New Notes
Dick’s SG is selling $400 million of 6.200% senior notes due in 2036 and $600 million of 6.900% senior notes due in 2056 to raise cash for share repurchases and other general corporate purposes.
The acquisitive CSC Generation-owned retailer has added Velofix, which operates mobile bike shops in the United States and Canada, for undisclosed terms. UnaliWear Files ITC Complaint over Smartwatch Features
The medical smartwatch maker filed a complaint with the International Trade Commission seeking to block certain wearable devices that UnaliWear says infringe on its patents. Etcetera: Under Armour, Beyond Yoga, GoRuck, Enviolo
|
