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Daily News Feed


06/17/2026


Smith & Wesson Outperforms in Stellar Final Quarter

Net income soared 88% in the fiscal fourth quarter ended Apr. 30 to $16,222,000 from $8,634,000 as revenues expanded 27% to $178,388,000 from $140,762,000.

Thule Sees Improving Profitability as New Products Drive Growth

Despite weakness in consumer confidence, the Swedish outdoor equipment manufacturer is guiding for green arrows in organic, constant-currency growth, driven by new product launches, with a roughly 200 b.p. negative impact from ForEx on reported results.

Outdoor Participation Inched Higher Last Year

Outdoor participation ticked up 1% to a record 183.2 million Americans aged 6 and older in 2025, according to the latest Outdoor Participation Trends Report from the Outdoor Industry Association and Outdoor Foundation, though frequency remains a concern.

Sporting Goods Sales Continue Momentum in May

Sporting goods, hobby, music, and book store adjusted sales grew 11.3% year over year last month to $8,826 million from $7,932 million, the Commerce Dept. said, and were up 0.3% sequentially.

American Exchange Group Closes Allbirds Acquisition

AEG has completed the acquisition of Allbirds intellectual property assets for $39 million and announced a partnership with brand management and licensing platform WSG Brands as an operating partner.

ID Unlimited Buys Jet Sport

The embroidery equipment maker inked an agreement to acquire Denmark-based Jetsport, which specializes in custom team uniforms and workwear, expanding its footprint in the Nordic region.

Report: Hyrox on the Block

PE firm L Catterton is close to reaching an agreement to acquire a large stake in the indoor fitness racing company from Swiss sports media group, InFront Sports & Media, Sky News first reported.

Under Armour Scaling-Down Portland Presence

Under Dog will shutter its 70,000-sq.-ft. Portland, OR office later this year, with footwear and design operations shifting to New York and its corporate headquarters in Baltimore.

Etcetera: Fabletics, Bass Pro, Payntr Golf, Nike, Reebok, Traffic Distribution

06/16/2026


Gildan Targeted by Short Seller

Investment fund Jehoshaphat Research posted a 60-page analysis on its website accusing GIL of channel stuffing to support revenue growth, and warned of a 20% shortfall coming in the back half of 2026.

World Cup Kits Dominated by Adidas, Nike, and Puma

Benefiting from Americans’ love of an underdog story, the FIFA World Cup’s return to U.S. soil is seeing a ramp-up in the houses-of-Dassler rivalry and smaller brands picking up endorsement share, while major players use the occasion for marketing and product activations.

Reebok’s India Revival Reaches 210 Stores

Authentic Brands Group’s Reebok licensee for India since 2021, Aditya Birla Lifestyle Brands Ltd, reported 30% Q1 revenue growth for the brand, with comps up double digits and the fleet topping 200 stores.

Winchester Parent to Merge with Huntsman

Olin inked an agreement to acquire the chemical company in a stock swap, with more than $400 million identified in total cost synergies and integration savings.

Asics Launching European Research Hub

Asics is establishing a European research hub in collaboration with HumanFab, a sports research and expertise center, aiming to leverage and expand its global research and development network on the continent.

Deckers Ultra Mini Design Patent Invalidated

A CA federal court jury sided with Last Brand (dba Quince), finding that its “dupe” boots copied Deckers’ Classic Ultra Mini design, but declaring that DECK’s design patent was invalid.

GymShark Beats Parody Logo Purveyor in U.K. Ruling

The exercise apparel brand was successful in persuading the U.K. Intellectual Property Office to reject an application to register a trade mark for “GymBull,” which combines elements of the GymShark and Red Bull logos.

Joola Settles Pickleball Patent Dispute with Proton

Following earlier deals made with Paddletek and ProXr, Proton has agreed to add Joola’s propulsion core patent numbers and a “Powered by Joola” sticker to its Flamingo pickleball paddle.

Etcetera: Salomon, Fleet Feet, Arc’teryx, Big Peach Running, Streamlight

06/15/2026


Sports Direct Parent Bids for Australian Partner

Frasers Group is aiming to take its 22.9% stake in ANZ distributor and regional Sports Direct operator Accent Group to 100% with an A$ 0.65-per-share takeover offer.

Dick’s SG Expands Partnership with Lids

Following a 46-store test, Dick’s will roll out Lids shop-in-shops to 100 total locations by late summer, offering a wide array of headwear from the licensed sports retailer.

Birkenstock’s Debt Offering Draws Negative Outlook from S&P

BIRK subsidiary Birkenstock Group B.V. & Co. KG is selling €900,000,000 in aggregate principal amount of new senior notes due 2033, aiming to retire €428.5 million of outstanding 5.25% senior notes due in 2029.

Scott Adds 3PL to Utah Distribution Center

Scott USA is offering a new third-party logistics service from its facility in Ogden, UT, opening warehousing and fulfillment infrastructure to outdoor, cycling, moto, and active lifestyle brands seeking scalable distribution solutions.

Rhoback Scores Investment from New Athlete Fund

The active lifestyle brand has received an unspecified investment from CHAMP, a new partnership between L Catterton, Patricof, and a roster of over 250 athlete investors.

OrthoLite Founder and CEO Steps Down

Glenn Barrett, who founded the footwear component maker in 1997, will remain as an advisor and member of parent Coats Group’s executive team, while the big chair goes to veteran materials and specialty chemicals exec, Marius Wirtz.

Asics Sues Onitsuka Tiger Counterfeiters

Asics filed suit against Gio Co., and its subsidiary Art Deco Co., FMDH LLC, and DS Shoten for allegedly infringing on the Japanese sportswear sub-brand Onitsuka Tiger’s marks.

Etcetera: Lululemon, StockX, Kohl’s

 
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