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Daily News Feed 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
10/21/2026 Smith & Wesson Buys Savage Arms
S&W has its eye on the top firearms market share with the acquisition of Savage Arms from an indirect subsidiary of JDH Capital I, L.P. in a $160 million deal inked Oct. 21. Puma Board Adds Two Anta-Affiliated Directors
After Anta Sports acquired nearly 30% of The Big Cat's equity, Dennis Tao and Jeanne Huang joined Puma’s supervisory board, replacing Héloïse Temple-Boyer and Jean-Marc Duplaix. Anta’s Sales Slip in Q3 on Soft Demand
The Chinese sportswear giant said retail sales of its core Anta brand declined mid-single digits in the third quarter, down from low-single-digit growth last year and from low-single-digit growth in Q2. Thule Has a New Chairman after Shareholder Revolt
Per-Arne Blomquist now sits in the big chair of the Swedish equipment manufacturer's board, stepping up from vice chairman to succeed Hans Eckerström during a whirlwind 24 hours. Skechers Says Not So Fast to Handsfree Labs
Skechers fired back at Kizik’s parent company, claiming a “major legal and commercial victory” in the IP dispute over hands-free entry shoes with Handsfree Labs before Europe’s Unified Patent Court.
The convenience store chain filed a notice of voluntary dismissal with prejudice in TX district court, abandoning the July action accusing the Eager Beavertons of infringing on its Tri-Color mark. Etcetera: A4, Academy, Nike, FP Movement
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