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Daily News Feed 03/25/2026 Anta Sports Outperforms in 2025 with Record Revenue
While its major Western competitors continue to struggle in the PRC, the Chinese sportswear giant posted another standout result, with revenue increasing by 13% to RMB 80,219,000 ($11,230.7 mm) last year, up from RMB 70,826,000. Colt CZ Group Aims for Strong Double-Digit Growth This Year
Net income in the final quarter more than doubled to CZK 717,126,000 ($34.4 mm) from CZK 335,918,000, though sales slipped 1% to CZK 7,327,780,000,00 ($351.3 mm) from CZK 7,403,897,000, mainly due to the U.S. government shutdown. On Brings Back Founders as Co-CEOs
On Holding announced a shakeup at the highest level, with CEO and CFO Martin Hoffman stepping down, and ONON founders and current executive co-chairmen David Allemann and Caspar Coppetti taking over as co-CEOs, effective May 1.
The parent company of Rip Curl, Kathmandu, and Oboz halted trading of its shares on the ASX and NZX, confirming it is pursuing a capital raise with a group of investors. Beretta Proposes Sturm, Ruger Tender Offer
After several rounds of dueling press releases over RGR’s board composition and strategic direction, the Italian gunmaker is suggesting it might put more of its money where its mouth is, with an offer to buy up to 20.05% of RGR shares for about a 20% premium. Pelican International Acquires KL Outdoor
The Laval, QC-based watersports company inked an agreement to acquire KL Outdoor for undisclosed terms, aiming to expand Pelican’s North American footprint. Caddix Adds Joe Flacco and Kayla Sharples as Investors
The Baltimore, MD-based maker of cleated footwear with a proprietary SmartStuds injury-reducing technology secured strategic investments from the former Super Bowl champion and NWSL defender. Former MLB Slugger Sues Nike, Fanatics, and White Sox
Nike, Fanatics, and the Chicago White Sox were hit with a suit in IL state court brought by MLB Hall of Famer Frank Thomas for the unauthorized use of his name and number on City Connect 2.0 jerseys.
The Eager Beavertons were hit with a proposed class action in OR district court, accusing them of failing to adequately protect private information during a Jan. cyberattack. Etcetera: Under Armour, Wilderness Exchange, Nike, Reebok, Original Penguin
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
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