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Sporting Goods Industry News for October 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.

Puma Taps Arne Arens as CCO

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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