Daily News Feed 01/21/2025 Trump Holds Back from Immediate Tariffs in Trade Policy Memo
The newly inaugurated Trump Administration released a broad “America First Trade Policy” memorandum Monday calling for a wave of fact-finding before any new levies are imposed. Adidas Inks Q4 Profit as Holiday Sales Soar
Handily outperforming its guidance issued after Q3, The Big a reported revenues of €23,683 million last year, up from €21,427 million, an 11% increase that would have been 12% higher constant currency. Olin’s Winchester Acquires Ammunition Assets of Ammo, Inc.
Olin Corp. signed an agreement to acquire the Gunbroker parent’s small caliber ammo business for $75 million, bolstering Olin’s Winchester ammunition segment that also includes White Flyer. Far Bank Names New CEO, Leadership Team
The parent company of Sage, RIO Products, Redington, and Fly Water Travel elevated chief operating officer Ryan Hamilton to CEO, succeeding Kris Klein, who will remain as a board member. Birkenstock Affirms Guidance after CFO Shift
BIRK appointed former EMH Partners CFO Ivica Krolo as its new chief financial officer, succeeding Dr. Erik Massmann, who is stepping down at the end of Jan. Skechers Opens First Performance Flagship
SKX opened its first performance-focused flagship store at West Edmonton Mall in Canada, featuring its footwear, apparel and accessories for pickleball, basketball, golf, soccer, running, training, walking, and hiking. Etcetera: Sportchek, Moncler, Turtleson, New Balance, Gymshark, Lowa, Kampus Klothes, Adidas, Fila
01/17/2025 No NewsWire on MLK Holiday
In observance of the Dr. Martin Luther King, Jr. federal holiday we will not be publishing on Monday, January 20. We will resume publishing on Tuesday, January 21. Sturm, Ruger Sets CEO Transition
RGR has hired outdoor industry veteran Todd W. Seyfert as its next president and chief executive officer, effective March 1, 2025, succeeding Chris Killoy, who is retiring after over 20 years at the gunmaker. Bill Sells to Step Down from SFIA
The organization’s SVP of government and public affairs is retiring at the end of February after championing industry priorities on Capital Hill for the past two decades. Academy’s Outlook Upgraded by Moody’s
Expecting that ASO will reduce its debt to EBITDA to 1.5x over the next 12-18 months from 1.9x currently, the ratings agency changed its outlook to positive, in contemplation of a future ratings upgrade.
Tagmarshal, which provides golf courses with full, real-time operational oversight and reporting, has acquired WindIQ for undisclosed terms. C&H Precision Chief Acquires RuckPack
C&H Precision’s CEO and founder, Buck Holly, has acquired a controlling interest in health energy drinks and supplement maker RuckPack for undisclosed terms. Etcetera: Head, Smith & Wesson, L.L.Bean, Hornady, New Balance
01/16/2025 Compass Diversified Maps 4-Year Plan for Sports Brands
Double-digit EBITDA growth in Q4 should be a harbinger of things to come at the company’s industry-related subsidiaries as post-outdoor boom volatility shakes out, supply chains are shored up ahead of potential tariffs, and PFAS standards are met, CODI outlined at its 2025 Investor Day. KT Tape Acquired by Healthcare Portfolio Company
Bridges Consumer Healthcare LLC will add KT Tape to its consumer and personal care brand portfolio, alongside ThermaCare and Absorbine Jr. in the company’s external pain relief segment. Sporting Goods Sales Inflect Positive in December
After declining every month in 2024, adjusted sales of sporting goods/hobby/book and music stores increased 1.8% to $8,426 million from $8,277 million in Dec., and grew 2.6% from Nov., according to Commerce Dept. data. Vail Resorts Reports Ski Metrics
Vail said that improved weather conditions, continued industry demand normalization, the late timing of the Thanksgiving holiday, and a shift in guest behavior to later in the season, translated into flat total skier visits at MTN’s mountain resorts, while retail/rental revenue in North American locations was down 5%. ISA Tantec Leather Scores in LWG Report
The Leather Working Group’s latest life cycle assessment report gave excellent marks to leather produced by ISA Next-Gen Materials.
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