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Daily News Feed 05/19/2026 Amer Sports’ Salomon Outgrows Arc’teryx in Q1
Net income lifted 23% to $170.1 million from $138.1 million in the first quarter, as revenue increased 32% to $1,945.5 million from $1,472.5 million, with 26% constant-currency growth, powered by a big jump in direct-to-consumer and continued strength in APAC. Industry Leaders Remain Optimistic despite Tariff Pressure, SFIA Finds
While the industry growth rate expanded 50 b.p. to 3.4%, participation hit record levels and consumer demand held steady, results further down the P&L slipped as macro headwinds mount, according to the SFIA’s 2026 State of the Industry report. Vendors Safe in West Marine Bankruptcy
The boating and marine supplies retailer said it would honor its obligations to vendors in a pre-packaged Chapter 11 bankruptcy filing that has the support of almost all lenders and equity holders. Atomic Bolsters Commercial and Marketing Teams
The winter sports brand appointed six directors across omnichannel sales, marketing, and strategic accounts, aimed at simplifying how Atomic connects with markets, retailers, accounts, and consumers. Revelyst Names New President for Simms, Outdoor Performance
The parent company of more than 30 sporting goods brands tapped Dave Mellon to return as president, Simms Fishing, and Revelyst Outdoor Performance segment. Etcetera: Skechers, Academy, True Spec Golf, PGA Tour Superstore, Reebok, Adidas
05/18/2026 Lululemon Spars with Chip Wilson as Proxy Showdown Looms
The company filed its definitive proxy statement with the SEC on Monday ahead of June 25’s Annual Meeting, urging shareholders to vote for its director slate as it faces Chip Wilson’s proxy challenge over three seats. Bike Makers Merida and Ideal Face Tough Quarter
Following Giant Group’s dismal Q1 profit and revenue losses, Taiwan’s second-largest bicycle manufacturer, Merida Industry, saw first-quarter sales tumble 30% to TWD 5,323.1 million ($167.9 mm), down from TWD 7,567.6 million. GSI Outdoors: Meet the New Boss, Same as the Old Boss
GSI is being reacquired from Pelican Int’l by its founders, siblings Don, Ian, and Kathy Scott, marking the outdoor cookware supplier’s return as a family-owned and operated business. Atomic Elevates Sean Kennedy, Others
The winter sports brand promoted its marketing director and 12-year company veteran, Sean Kennedy, to general manager of Atomic North America. Salt Lake Running Company Names Cade Perry CEO
The family-owned running specialty retailer, which operates four stores along the Wasatch Front in Utah, appointed Cadence (Cade) Perry as its new CEO, succeeding Guy Perry after more than 30 years at the helm. Etcetera: L.L. Bean, Colt, Norda
05/15/2026 L.L. Bean 2025 Revenue Remained at $1.7 Billion
Bean’s sales were roughly flat last year, amounting to about $1.7 billion for the third year in a row coming out of the pandemic, with seven new stores added to the fleet. Misto Rebounds After Fila’s N.A. Exit
Net profit attributable to owners increased 9% in the first quarter to KRW 89,222 million ($60.9 mm) from KRW 81,801 million, driven by 4% higher revenues of KRW 1,289,035 million ($880.4 mm), up from KRW 1,237,499 million. Dunlop Sports Sees Golf Sales Slow in Q1
Sumitomo Rubber’s sports division revenues ticked down 1% to ¥32,180 million ($205.1 mm) from ¥32,423 million in the first quarter, and operating income slid 47% to just ¥914 million ($5.8 mm) from ¥1,736 million. Gildan Scores A-3 Rating on $1.6 Billion Commercial Paper Program
S&P Global assigned the A-3 short-term issuer credit rating to GIL’s new CP program, and maintained its BBB- long-term issuer credit rating and stable outlook. Academy Sports Completes Notes Offering
ASO closed its private placement of $500 million of 5.875% senior secured notes due in 2031, and used the proceeds to redeem its existing $400 million senior secured notes due Nov. 2027 and fully repay the remaining $85 million balance under its term loan B due Nov. 2027. Etcetera: Tecnica, Stio, Mizuno
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