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Daily News Feed 10/20/2026 Adidas Raises Outlook After €200 Million Tariff Refund
The Big a said that third-quarter revenues increased 9% (7% CC) to €7,252 million ($8,433 mm) and operating income jumped 37% to €1,008 million ($1,172 mm), boosted by a €200 million IEEPA tariff refund. Deloitte Forecasts Retail Sales Driving Holiday Spend
Deloitte joined the firms tracking consumers prioritizing gift-giving over travel and other Holiday-related spending in its 2026 Holiday Retail Survey, forecasting total household seasonal spend up 4% to $1,654 for 2026, bolstered by a 10% gain in retail goods spend to $988. Wiffle Ball Sold to Rose Family
The iconic brand has been acquired by the Rose Family, founders of Big League Wiffle Ball, ending 73 years and three generations of ownership by the founding Mullany family. Rossignol Group Names New U.S. Commercial Leadership
Rossignol elevated Jake Stevens to U.S. commercial director for Dynastar, Lange, and Look, effective Nov. 16, succeeding Dennis Gaspari, who will retire at the end of the year after 23 years with the company. Sporting Goods Sales Growth Sustained in September
Sporting goods, hobby, music, and bookstore adjusted sales kept up their year-over-year gains, growing 9.6% year last month to $8,681 million from $7,923 million, the Commerce Dept. reported, but slipped 0.5% sequentially from Aug. Amer Sports Adds Ding Scion to Board
AS appointed Shaoxiang (Eric) Ding, son of chairman Shizhong Ding, as a director with immediate effect, bringing father and son together on the board of the Arc’teryx, Salomon and Wilson owner. Etcetera: Foot Locker, Adidas, Topgolf, QALO, Newell, Primary Arms, ABG, Shield Sights
10/19/2026 GoPro Details Merger Plan with Starman Optical
The embattled action camera manufacturer issued a preliminary proxy statement regarding its proposed merger with AI-focused firm Starman Optical, urging shareholders to approve all agenda items during a yet-to-be-scheduled special meeting of stockholders. The Mountain Studio Targets U.S. Expansion
The Swedish ski and outdoor apparel brand established a U.S. subsidiary this fall to streamline logistics and customs procedures and support its North American expansion. Amer Sports Names New Atomic Chief
Michael Absmaier, who is currently Atomic’s CFO & VP of business development, will become president of Atomic and Armada effective Jan. 1, 2027, succeeding Wolfgang Mayrhofer. Gildan Faces Channel Stuffing Charges in New Lawsuit
Citing a June report from short seller Jehoshaphat Research, a new proposed class action filed in N. NY federal court accuses GIL of encouraging customers to pull forward as much as $500 million in orders. Puma and Sprints Sue Each Other Over Cat Marks
The Big Cat and Sprints traded complaints over several marks, which Puma claims infringe on its Sprint, Leaping Cat and No. 1 Logo in a suit filed in MA district court, while Sprints seeks a declaration of noninfringement in OH. HandsFree Labs Wins Ruling Against Skechers in Europe
Kizik’s parent company, Handsfree Labs, scored a win in its multi-front IP dispute with Skechers as Europe’s Unified Patent Court ruled that Skechers must stop selling infringing hands-free footwear products. Nike, Timberland Sued over Designs
The Eager Beavertons, Converse, and Timberland are facing an infringement suit in CT district court brought by Mark Kratter, Boris Zuborev, and Eugene Finkelberg of East Village Shoe Repair fame for copying six of their designs. Etcetera: Callaway, Anta Sports
10/16/2026 Vendor Executive Compensation Grew 12% in 2025
Total compensation for the top 102 executives at public sporting goods companies reached $434,092,581 last year, with comparable pay for executives on our list up 12%, trailing a 13% increase the year before. Fox Factory Trims Guidance as CEO Exits
Mike Dennison will step down from the top job at FOXF, with independent director Doug Grimm stepping in as interim CEO while the company searches for a permanent replacement. Adidas Chief Touts China Localization Strategy
Further development plans are underway at the Three Stripes’ new Chinese headquarters in Shanghai as it prepares to move in, CEO Bjørn Gulden told the International Business Leaders’ Advisory Council for the Mayor of Shanghai this week, laying out the next phase for its localization strategy in China. Nike’s Outlook Downgraded by Moody’s
The ratings agency changed the Eager Beavertons’ outlook from stable to negative, as Nike’s turnaround is taking longer than expected and earnings are forecast to decline through FY 2027 and into FY 2028. La Sportiva Names New CEO, Board Members
The mountaineering footwear brand tapped Roberto Fortunato as CEO and named him to the company’s board, succeeding Marcello Favagrossa, while the Delladio family retains ownership. Beretta’s Sturm, Ruger Tender Offer Oversubscribed
Beretta Holding’s offer to purchase up to 2,400,184 shares of RGR stock for $44.80 per share was wildly oversubscribed, with 3,589,647 shares validly tendered. Wintersteiger Sports N.A. Unifies Sales and Support
The Austria-based machinery and plant engineering group is unifying sales and support across its Wintersteiger, Bootdoc, and Hotronic brands under a new “One Team” approach to deliver a more seamless customer experience. Etcetera: Fanatics, JD Sports, Bass Pro, Lids, Oner Active, Midspring
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