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Daily News Feed 09/23/2026 JD Sports Profits Narrow in H1, but Guidance Holds
After warning last month that U.S. sales were decelerating, the U.K.-based parent of Finish Line, Hibbett and other banners said H1 adjusted profit before tax dropped 20% to £282 million ($381 mm) from £351 million, as total revenues slipped 1% to £5,899 million ($7,972 mm) from £5,940 million. KMD Brands Will Entertain Offers as Sales Improve
Net loss more than quadrupled to NZ$415,959,000 ($243.3 mm) for the fiscal year ended July 31 from NZ$95,058,000, with an NZ$462,658,000 impairment expense, as sales grew 7% to NZ$1,053,019,000 ($615.8 mm) from NZ$989,015,000. Manchester United Retail, Commercial Sales Slip in Final Quarter
ManU’s commercial revenue declined 18% to £72.2 million ($97.6 mm) in the final fiscal quarter ended June 30, as retail, merchandising, apparel & product licensing was off 7% to £34.4 million ($46.5 mm), but up 8% for the year to £156.8 million ($211.9 mm). Thule Sees Gross Margin Improving in Q3 despite Pressures
The Swedish bike and travel accessory manufacturer said in a pre-earnings report that organic growth was 3% for the first half, and EBIT margin was almost 1.5%. Anta Sports’ Business is Improving, Moody’s Says
The Chinese sportswear giant received an outlook upgrade from stable to positive from Moody’s, which also affirmed an A3 issuer rating and expects high-single-digit revenue growth and an adjusted EBITDA margin of 34% to 35%. Etcetera: 2XU, Rhone, Taivo, NSSF, Rec-Com Outdoors, Big Max, Adidas, Puma, Canada Goose, Fanatics
09/22/2026 On’s Premium Playbook Gets Boost from Soccer and Golf
The Swiss sportswear brand is guiding for a high-teens top-line CAGR through 2029 in the new three-year targets unveiled at its 2026 Investor Day, on full-price selling and premium positioning, which should flow down to a 20%-plus adj. EBITDA CAGR on stable gross margins and SG&A leverage. Nordic Outdoor Group Acquires Fibe
NOG, which purchased Bios Aktiebolag and its iFish brand earlier this month, has now acquired Swedish fishing supplier Fibe AB, expanding its position in Nordic ice and winter fishing. S&P Weighs in on Dick’s New Notes
Dick’s SG is selling $400 million of 6.200% senior notes due in 2036 and $600 million of 6.900% senior notes due in 2056 to raise cash for share repurchases and other general corporate purposes.
The acquisitive CSC Generation-owned retailer has added Velofix, which operates mobile bike shops in the United States and Canada, for undisclosed terms. UnaliWear Files ITC Complaint over Smartwatch Features
The medical smartwatch maker filed a complaint with the International Trade Commission seeking to block certain wearable devices that UnaliWear says infringe on its patents. Etcetera: Under Armour, Beyond Yoga, GoRuck, Enviolo
09/21/2026 Oura Sets IPO Range as Investors Cash Out
The smart ring maker is offering just 13.5 million shares directly, while early investors are selling another 36.5 million shares in an IPO valuing the company at around $15 or $16 billion, depending on final pricing. Sporting Goods Industry Faces Excess Tariff Pressure, WFSGI Finds
The global sporting goods industry is contributing about $675 billion to global GDP, or about 0.6% of global economic output, while facing disproportionately harsh tariff rates, according to the WFSGI’s new economic impact report. Puma Hires Nike Vet to Run Europe
Fokko de Rooij, most recently Nike’s VP EMEA sales, is The Big Cat’s new managing director Europe, succeeding Javier Ortega, who left the company this month. JD Sports Inks Mexico Franchise
Taking a different approach from its U.S. buying spree, the Finish Line and Hibbett parent signed a long-term franchise deal with Grupo Axo, which already represents more than 50 international apparel, footwear and beauty brands south of the border. Geartrade Expands as Sales Soar
The outdoor gear marketplace has relocated its Salt Lake City warehouse and headquarters, adding 6,000 sq. ft. of inventory capacity to support sales up 47% year-to-date, on top of a similar growth pace in 2025.
The Italian ski and apparel brand placed four members of the Colombo family at the center of the company's board and executive structure, following the sudden death of president and chairman Mario Colombo in April. Joola Settles with More Paddle Infringers
Sport Squad (dba Joola) has settled patent infringement claims with Friday Labs and has now reached a resolution with nine of the 11 brands it named in a patent infringement suit filed with the International Trade Commission in Apr. Etcetera: Wolverine, Under Armour
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