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Sporting Goods Industry News for July 21, 2025

Pension Fund Fails to Secure Skechers Injunction

SKX sees a CA district court deny the Key West Police Officers & Firefighters Retirement plan’s motion for a preliminary injunction blocking 3G Capital Partners' bid to acquire the company.

Asics Downsizing Boston Office

The fast-growing sportswear brand inked a lease for a new 43,721-sq.-ft. office space in a former shoe factory in Boston’s Leather District, a few blocks from its old, 60,000-sq.-ft. East Coast headquarters.

After Success in Korea, Nordisk Inks China Partnership

The Danish outdoor brand signed a joint venture with South Korea’s K2 Group and China’s BA Capital to enter the Chinese market, with the first Nordisk-branded store opening later this year.

National Park Visits Plunge in June

With many parks suffering staffing shortages after Trump Administration cuts, National Park recreational visits tumbled 11% year-over-year to 36,763,023 in the seasonally important month from 41,239,822.

Etcetera: Centric Brands, Under Armour, Li-Ning, Golden Goose
 
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