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Daily News Feed 10/26/2026 MAP Active Seasonal Demand Drives Top Line Gains
Net income attributable to shareholders at the Indonesian retailer grew 16% to IDR 578,160 million ($33.0 mm) in the third quarter from IDR 499,603 million last year, on 23% higher sales of IDR 6,310,696 million ($359.9 mm), up from IDR 5,150,650 million.
Retail sales of the Chinese sportswear brand declined low-single digits year over year in the third quarter, with a mid-single-digit dip in brick-and-mortar channels. Yue Yuen Warns of Falling Profits
The Chinese footwear maker said that it expects nine-month net income to drop by 50% to 55% from $279 million a year ago, blaming weak demand on the top line, as well as tariffs and inflation. Gildan Closes Hanesbrands Australia Sale
GIL received about A$700 million ($490 mm) in cash from BBFIT Investments Pte Ltd, an entity of private investment firm BB Retail Capital, for Hanesbrands’ Australian operations, acquired with HBI last year. Lowe Alpine Acquisition Closes
ATG Brands & Data Limited closed its acquisition of the Lowe Alpine brand’s IP from Equip Outdoor Technologies, in a deal first announced in Sep., with the new owners gaining exclusive rights to the trademark, logo and associated brand assets. ThredUp Touts Secondhand Potential for Holiday
The secondhand market continues to pick up favor with gifters and giftees, according to the online resale platform’s 2026 Holiday Resale Report. Lululemon Settles Texas PFAS Probe
The athleisure giant inked a settlement with the Texas Attorney General’s office following its spring investigation into the company’s chemical safety practices, AG Ken Paxton announced late last week, while LULU again denied any wrongdoing. Etcetera: Alo Yoga, Asics, Gilbert, AGM Global Vision
10/23/2026 Largest Global Retailers Grew Sales 7% Last Year
Sales growth in weighted local currencies accelerated in 2025 to a 7% pace in SGI’s compilation of the world’s largest sporting goods retailers from just 2% the year before, totaling $154,449 million in aggregate revenue from $142,663 million.
The Chinese sportswear brand reported that retail sell-through was down mid-single digits in the third quarter for the core Xtep brand, including both brick-and-mortar and e-commerce channels. Eagle Nice Profits Battered by Higher Costs, Tariffs
The sports apparel maker cautioned that its net income attributable to shareholders will decline around 40% to 45% to about HKD 116.5 million ($14.9 mm) from HKD 204.5 million for the fiscal first half ended Sep. 30. Huginbiz Teams-up with Outdoor Retailer
The Sweden-based sports business advisory firm will launch an International Pavilion Program at Outdoor Retailer next Aug., aimed at connecting foreign finished-good brands with U.S. retail buyers. NiteRider Elevates Drew Engelmann to President
The maker of lighting for outdoor sports, bicycles, and powersports promoted VP of sales and marketing Drew Engelmann to president, reporting to founder and CEO Tom Carroll. Team Dealers Sued over Price Fixing
A slew of team dealers, including Riddell, Rex Team Sports, Sports Center, Hibbett, and Varsity Brands and its subsidiary BSN, were hit with a proposed class action in MS district court brought by Hancock County School District, accusing the defendants of conspiring together to fix prices. Etcetera: Oofos, Burton, CardVault, Skechers
10/22/2026 Deckers Banks Tariff Refund, but Sales Disappoint
The bottom line expanded by 14% to $315,685,000 from $277,130,000 for the fiscal second quarter ended Sep. 30, helped by $49.0 million of IEEPA tariff refunds and interest, on 3% higher revenues of $1,480,554,000 up from $1,430,840,000. Thule’s Kids & Dogs Segment Drives Q3 Sales
Net income rose 25% to SEK 393 million ($39.3 mm) from SEK 314 million ($31.4 mm) in the fiscal third quarter, on 3% higher sales of SEK 2,603 million ($26.0 mm) from SEK 2,528 million. Moncler Suffers from Low Tourist Traffic
Sales fell 2% (flat CC) to €605.5 million ($696.9 mm) from €615.6 million in the third quarter, while the Moncler brand slipped 3% (-1% CC) to €499.6 million from €514.2 million. Mips’ Profit Up Double Digits in Q3
Revenues at the Swedish helmet tech company improved 59% in the third quarter to SEK 215 million ($22.9 mm) from SEK 135 million, while net income was up 15% to SEK 39 million ($4.2 mm) from SEK 34 million. Polygiene’s Bottom Line Sinks on Soft Demand
Sales were down 28% (-29% CC) to SEK 26,340,000 ($2.8 mm) from SEK 36,363,000 for the third quarter ended Sep. 30, swinging to an operating loss of SEK 4,374,000 ($4.7 mm) against a profit of SEK 1,453,000. Report: Castore Holding Sale Talks with Anta, Li-Ning, Others
The U.K. sportswear brand is in talks over a possible sale after attracting interest from Chinese sportswear groups Anta and Li-Ning and several large U.S. footwear brands, co-founder Tom Beahon told the Financial Times.
The Nike, North Face, and Boardriders veteran is the latest addition to Puma’s recently renovated C-suite, coming on board as The Big Cat’s new chief commercial officer. Lululemon Adds Tara Poseley to Board
The long-awaited final addition to LULU’s board is its former chief product officer, Tara Poseley, who was most recently CEO of Paula’s Choice Skincare from 2016 to 2023. New Sneaker Brand Unsung Launches with Training Shoe
Boston-based athletic footwear startup Unsung has launched its first product, the Snapback Trainer, aimed at team sports athletes for workouts that require speed, agility, and rapid changes of direction. Cannondale Shuttering Connecticut Headquarters
Pon.Bike-owned Cycling Sports Group, which is the parent company of Cannondale and Schwinn, will lay off 143 workers at its Wilton, CT, office starting in Dec., according to a WARN notice posted with the state. Skechers Sued over Go-Private Deal
Skechers and several of its top executives and board members were hit with a proposed class action in CA district court brought by SM Merger/Arbitrage, accusing them of making false statements surrounding last year’s $9.4 billion acquisition by 3G Capital. Etcetera: Deckers, Kästle, Skechers, Nike
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