Public sporting goods companies’ valuations were flattish again last year after 2023’s 2.4% increase, declining 1.7% on a weighted basis in local currencies, trailing double-digit growth in most global stock markets.

Following Vista Outdoor’s sale of its Kinetic ammunition segment last month to Czechoslovak Group, the follow-on deal by SVP-managed funds to take the remaining Revelyst outdoor business private has now closed.

The Taiwanese footwear firm Hong Fu Industrial Group has now broken ground on its Tamil Nadu sneaker factory that was first announced two years ago.

Pacific Market Int’l. (dba Stanley) was hit with a proposed class action suit filed in W. WA district court by Danielle Scherzi on behalf of consumers, accusing the company of concealing a defect in its Switchback and Trigger Action travel mugs.