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Daily News Feed 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
10/15/2026 Teen Survey Finds Nike Still Dominant Despite Upstarts’ Gains
The Swoosh continued to hold its number-one footwear and apparel spots but is still bleeding mindshare with teens, though gains are largely stabilizing among ascendant brands, according to Piper Sandler and DECA’s Fall 2026 Taking Stock with Teens. Himaraya Posts Loss on Store Impairment
The Japanese retailer’s bottom line swung to a ¥860 million ($8.9 mm) loss from last year’s ¥11 million profit for the fiscal year ended Aug. 31, as sales ticked up 1% to ¥61,099 million ($629.4 mm) from ¥60,447 million. Holiday Forecasts Weigh Consumer Resilience
Increasing pressure on consumer finances remains a common theme in Holiday 2026 forecasting, with the National Retail Federation now expecting core retail sales up 4.2% over ‘25 for the Nov. 1-Dec. 31 window. Skechers Scores Upgrade from Moody’s
The ratings agency upgraded Beach Acquisition Co. Parent LLC’s (dba Skechers) corporate family rating to B1 from B2 and its senior unsecured notes rating to B3 from Caa1, highlighting Skechers’ strong operational performance and progress in implementing its cost-savings program. Stella Int’l Sees Higher ASP Drive Sales as Volume Dips
Third-quarter revenues rose 1% to $396.7 million from $391.6 million at the high-end sneaker and footwear maker, helped by pulled-forward production for a casual customer preparing to phase out its Philippines factory in July. Kästle Stands Behind CEO Markus Weeger
After last week’s announcement of a new Kästle Advisory Board chaired by industry veteran Scott Mellin, the company issued a public reassurance that CEO Markus Weeger still has the support of ownership. Lululemon Lays Off Staff after Fabric SNAFUs
Lululemon moved to reorganize its fabric development team and laid off seven employees in Aug., according to a report in Bloomberg.
HatsanUSA is recalling about 16,170 Blitz and Blitz 777 air rifles because they can fire unexpectedly when releasing the bolt before the air rifle is fully cocked. Etcetera: Head, Digital Brands Group, Patagonia, Wilson, Fish Monkey Gloves
10/14/2026 Thanksgiving Weekend and Value Focus to Lead Holiday Sales
Black Friday will continue to have an outsized influence on Holiday shopping, according to Bain & Company, which forecasts the day will lead the season in a year when Black Friday to Cyber Monday will grow 8.8% while total Holiday spending grows 4.5%. Roots Deal Approved, Goes Private
Roots shareholders voted overwhelmingly for the go-private deal, with over 99% giving the green light, as Marquee Brands acquires the outdoor and lifestyle apparel brand for C$4.10 ($2.97) per share in cash for a purchase price of C$160.7 million ($116.4 mm). Interactive Strength Swaps Debt for Preferred Shares
The parent of Ergatta, Wattbike, CLMBR, and FORME issued 768,509 Series R convertible preferred shares in exchange for $7,685,090 of outstanding unsecured convertible notes on Sep. 30. 361 Degrees Posts Solid Q3 Growth
Chinese running specialist 361 Degrees said that core brand retail sales grew mid-single digits in the third quarter, while its independently run 361º Kids brand improved mid- to high-single digits. Skechers Holds 18th Friendship Walk as New Campus Nears Opening
The Manhattan Beach-based sneaker giant aims to raise $3 million this year in its long-running campaign supporting children with special needs, public schools and national college scholarships. Etcetera: Foot Locker, Gerber, Early Rider, Sierra, OluKai, Alpargatas, Sierra and Barnes Bullets
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