|
Sporting Goods Industry News for January 06, 2026
DTC sales are now live for Stoke Footwear, a new player in sport-casual sneakers for men with wide feet, with the rollout of athletic and court-style silhouettes.
The Czech firearms and ammunition producer completed the acquisition of 51% stakes in Synthesia Nitrocellulose and Synthesia Power, which make a key gunpowder ingredient.
The high-end golf equipment maker expects full-year revenue to exceed its previous guidance of $7.0 to $7.5 million, up from $3.4 million last year, driven by direct-to-consumer sales and record single-day sales on Black Friday.
The debt paydown with Topgolf proceeds prompted several upgrades from Moody’s, which changed Callaway’s corporate family rating to Ba3 from B1 and other ratings by a similar amount.
The CPC owned-company has inked an agreement to acquire MI-based Winston Collection for undisclosed terms.
The wholesale golf accessories distributor has acquired NJ-based Jack Jolly & Son, strengthening its presence in the Northeast.
The foundation tapped Jonathan Frankel, president of ALDO Group product services, as its new board chair, succeeding New Balance president & CEO Joe Preston, who has served since 2024.
Firearms sales ended the year with a whimper as total NSSF-adjusted NICS FBI background checks dipped 3.4% last month to 1,587,049 from 1,642,270.
Montgomery, who founded Cannondale bicycles in 1971 in Wilton, CT, died on Jan. 2, 2026, at age 86 following a battle with heart trouble.
|