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March 17, 2025


Merida Industry Swings to Loss on U.S. Writedown

Net loss attributable to shareholders was TWD 699.1 million ($21.8 mm) in 2024 against a profit of TWD 1,691.8 million, as revenues increased 9% to TWD 29,633.1 million ($923.2 mm) up from TWD 27,261.1 million.

Sporting Goods Sales Slip 3.0% in February

Adjusted sales of sporting goods/hobby/book and music stores dropped 3.0% to $8,138 million in Feb. from $8,393 million in Dec., a 0.4% sequential decline from Jan., according to Commerce Dept. data.

Yeti Names Two New Directors

The cooler and drinkware brand added sporting goods industry veterans Magnus Welander and Arne Arens to its board, effective Mar. 24, after discussions with activist hedge fund, Engaged Capital.

Firearms Trade Mixed in December, Down for Year

Despite firearms imports trending downward through 2024, handguns were flat in Dec. at 315,193 units, according to ITC data compiled by the NSSF, as pistol imports improved 3% to 285,346 units, while revolvers fell off 21% to 29,847 units.

Riddell Sues Certor Sports over Football Helmets

Riddell filed suit in DE district court accusing Certor Sports of infringing on five of its patents with its Schutt and VICIS football helmets.

Etcetera: Puma, Hoka, S&S Activewear, Thermore

 
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