Sporting Goods Industry News for September 09, 2025
Income attributable to the DSW parent decreased 22% to $10,827,000 from $13,824,000 for the second quarter on net sales that were down 4% to $739,762,000 from $771,900,000, with total comps off 5.0%.
The ratings agency affirmed VFC’s Ba2 corporate family rating but lowered the issue-level rating of its senior unsecured notes to Ba3 from Ba2, while maintaining a negative outlook.
Following its June 2025 acquisition of Helly Hansen, Kontoor’s adjusted debt/EBITDA landed at 3.7x, the ratings agency said, but should decline to around 3.1x over the next 12-18 months.
Elan bolstered its North American team across sales, product, and marketing functions as it aims to support the legacy ski brand's long-term growth plan.
Game One inked an agreement to acquire OH-based Brandtek, expanding its sales team and adding Sport Fresh and Phyz Boost to its portfolio of wellness brands.
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