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January 04, 2024


Amer Sports Files for Public Offering

Five years after being taken private by a consortium led by Anta Sports, the Arc’teryx, Salomon and Wilson parent has filed an F-1 with the Securities and Exchange Commission to list its shares on the New York Stock Exchange under the symbol “AS.”

JD Sports Cuts Earnings Guidance

There was no lingering Holiday cheer in the markets as the U.K.-based retailer announced preliminary H2 and full-year results, sending its shares down over 20% after profit before tax and adjustments was pegged 11% short of guidance at the midpoint.

Holiday Online Sales Grew 5%, Adobe Says

The final tallies from Adobe Analytics saw Holiday 2023 in line with the firm’s forecast for the Nov. 1-Dec. 31 period with a 5% gain to $221.1 billion over $210.0 billion in ’22, just shy of the projected $221.8 billion top line.

Clarus Reveals Buyer for Ammo Business

CLAR revealed in a filing that the entity that is acquiring Sierra and Barnes Bullets is Bullseye Acquisitions, LLC (the “Buyer”), an affiliate of JDH Capital Company, the owner of Savage Arms and Pure Archery, along with other non-sporting goods holdings.

Mainland Headwear Sales Drops on Excess Inventories

The cap maker said that built-up inventories at its customers resulted in slower orders in the second half, sending manufacturing revenue down and resulting in an expected 35% drop in profits for the year.

SFIA Elects 2024 Board of Directors

Jonathan Ram, Clarks’ CEO, was re-elected as chairman of the SFIA board for the 2024 term, joined by newly elected directors, Isabel Coscia, SVP marketing of Technogym, Ryan Cruthirds, chief digital commerce and brand development officer of Implus, and Koichiro Kodama, president and CEO of Asics North America.

New Pickleball Company Launches

Crush is the name of the Scottsdale, AZ-based pickleball equipment startup founded by Pete and Richelle Nassos, alongside pickleball pro Brett Warner.

NICS Checks Fell 3.5% Last Year

Three straight months of year-over-year gains to end 2023 could not offset big summer declines, as NSSF’s adjusted NICS checks fell by 3.5% last year to 15,848,058 from 16,425,484.

Iron Valley Supply Co. Names New CEO

The firearms and accessories distributor tapped Clay Halla as CEO, effective Nov. 6, succeeding Brent Wouters.

Varlo Sports Secures Seed Funding

The athletic performance apparel maker completed an unspecified round of seed capital from investors including REI's Path Ahead Venture.

CPSC Recalls: Homedics, Ride Aventon, Bell Sports

Homedics is recalling about 87,000 Therapist Select percussion personal massagers, because they can overheat while charging, posing a fire hazard.

Etcetera: Brooks, Lids, Peloton, Hornady, Saltwater Boys, Sacks Parente Golf, Dead Air Silencers, Riton Optics, Joola, Free Fly

 
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