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Daily News Feed 07/20/2026 Adidas Wins World Cup On The Pitch and Off
Three Stripes jersey sales were up 4X during the 2026 FIFA World Cup compared to the 2022 tournament, the company told Bloomberg over the weekend, as early reads indicate Adidas is hoisting the sponsor-battle trophy. Thule’s New Categories Drive Q2 Growth, but N.A. Lags
Net income increased 5% in the second quarter to SEK 537 million ($57.3 mm) from SEK 512 million, as revenues inched up 1% to SEK 3,421 million ($365.1 mm) from SEK 3,403 million and would have increased 3% in constant currency. Nike Sued over Strategy Reversal
The Eager Beavertons are embroiled in another proposed class action suit, brought by Tianna Jenell and naming former president and CEO John Donahoe, exiting CFO Matt Friend, and several directors as defendants. Woodway’s Manual Treadmill Patent Invalidated
LifeCore Fitness sees the U.S. Court of Appeals for the Federal Circuit affirm the USPTO’s ruling and invalidate several of Woodway’s curved-treadmill patent claims as obvious. Etcetera: Acros, Brooks, Adidas, Arena
07/17/2026 Retail Executive Pay Soared Last Year
The 50 highest-paid executives at public sporting goods retailers saw a 25% increase in total compensation last year, for those with comparable earnings in both 2024 and 2025, with the overall average climbing to $4,011,839 from $3,719,662 in 2024. Anta Sports’ Sales See Slow Growth in Q2
The Chinese sportswear giant’s retail sales of its core branded products grew in the low single digits in the second quarter, including owned and franchisee brick-and-mortar stores as well as e-commerce. Xtep Stumbles, but Saucony Excels in Q2
The Chinese sportswear brand said its retail sell-through was down mid-single digits in the second quarter for the core Xtep brand, including both brick-and-mortar and e-commerce channels.
The custom apparel technology supplier inked an agreement to acquire Siser, which specializes in heat-transfer vinyl and materials innovation for personalizing apparel.
07/16/2026 Sports Direct Parent’s Net Jumps as Acquisitions Drive Sales
Frasers Group’s net profit soared 28% to £376.2 million ($507.9 mm) from £293.0 million for the fiscal year ended Apr. 26, with revenue increasing 9% to £5,325.9 million ($7,190.0 mm) over £4,900.9 million on international retail gains. Mips’ Sales up High Double Digits in Q2
The Swedish helmet technology company’s net income more than doubled in the second quarter to SEK 68 million ($7.4 mm) from SEK 32 million, as revenues skyrocketed 72% to SEK 232 million ($25.4 mm) from SEK 135 million, and would have been up 42% in constant currency.
The footwear maker’s top line grew just 1% to $449.3 million in the second quarter, down slightly sequentially, and ended the first half with a nearly 2% increase to $786.7 million against $775.0 million. Sporting Goods Sales Soar in June
Sporting goods, hobby, music, and bookstore adjusted sales surged 15.2% year over year last month to $9,071 million from $7,875 million, the Commerce Dept. reported, and increased 1.3% sequentially from May. Syntetica Closes Series A Funding Round
The French textile recycling startup completed a $30 million Series A funding round led by Ecotechnologies 2, with participation from Lululemon and the European Innovation Council. Etcetera: Anta, Walther, Bass Pro Shops, Fanatics, Psycho Bunny
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