|
Sporting Goods Industry News for August 24, 2026
The boating and marine supplies retailer has emerged from Chapter 11 with a halved door count and roughly $265 million in debt reduction, though general unsecured trade creditors are looking at less than 1% recovery, according to court filings.
Tecnica Group narrowed its net loss to €20.2 million ($23.5 mm) in the first half from €30.9 million, on 1% revenue growth to €173.8 million ($202.1 mm) from €171.5 million, with gains from its winter sports brands and Moon Boot offsetting a contraction at Lowa.
Marquee Brands is backing the acquisition of the outdoor and lifestyle apparel brand for roughly C$117 million ($84.8 mm) in a go-private deal valued at C$4.10 per share, representing a 36% premium over its Mar. 2 closing price, before it announced a strategic review.
The performance training company, which counts Tom Brady as an owner and reached a reported valuation of $1 billion earlier this year, sees Dynasty Financial acquire a 3% stake.
The Lulunatics promoted San Yan Ng, who has led their China business for eight years, to regional president of China and APAC, extending her mandate across both regions.
CCM Hockey is recalling about 12,957 FMHVR hybrid visors and ACCHVR replacement visor accessories because they can crack upon impact, posing a risk of injury.
|