The Hong Kong-based sports apparel manufacturer and services provider filed with the SEC for an IPO of 2.5 million shares priced in the $5 to $7 range, translating to a market cap of $75 million at the mid-point.

Swinger International has inked an agreement to acquire sneaker and apparel brand Philippe Model Paris from 21 Invest for undisclosed terms.

Youngone Corporation increased its ownership in the Swiss bike brand to 96.71% after acquiring additional shares from the company’s second-largest shareholder and former CEO, Beat Zaugg, according to Korea JoongAng Daily.

Pacific Glory, which is owned by Taiwan’s Ideal Bike, is creating a U.S. distribution arm that will oversee sales and support for its Fuji, SE, and Tuesday brands.

Db hired fashion and lifestyle industry veteran and former Acne Studios exec Cecilia Ekroth as its new global VP of sales, bringing her global experience to its Stockholm headquarters.

The battle over the Bike+ mark continues as lawyers for World Champ Tech filed a petition for a writ of certiorari with the Supreme Court, asking the highest court to review the 9th Circuit’s July judgment in favor of Peloton over apps sharing the same name.

LULU’s founder, Chip Wilson, has launched a proxy contest seeking to gain influence on the company’s board as it searches for a new CEO, nominating former On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg as director candidates.

Following nearly two years of IPO and private sale rumors, a controlling stake in the Italian luxury sneaker brand is being sold to global investment firm HSG with participation from Singapore-based Temasek and its subsidiary True Light Capital.

Holiday 2025 is on track for a mid-singles sales gain with growth across channels according to Visa and Mastercard’s figures for the seven weeks from Nov. 1 through Dec. 31.

Compass Diversified’s sporting goods industry brands mostly underperformed in the second quarter, the company revealed in an SEC filing that was delayed by its Lugano segment fraud investigation.

Moody’s assigned Dick’s SG a Prime-2 short-term rating on its new $500 million commercial paper program, while affirming its Baa2 senior unsecured ratings and a stable outlook.

The parent company of Solo Stove, Chubbies, Isle, and Oru Kayak is eliminating its umbrella partnership C-corp. structure and establishing a single class of common stock to limit future liabilities tied to its Tax Receivable Agreement.

Ermenegildo Zegna Group has made a second, unspecified equity investment in Norda, the Canadian premium trail running footwear brand, reinforcing its long-term commitment to the company.

The women’s sportswear brand elevated its current chief marketing officer and board member, Suzanne Berg, to CEO, succeeding Goal Five co-founder Ann Kletz.

Paddletek Group is the name of the new parent company that will bring five brands under the same umbrella, including Paddletek, ProXR, Padeltek, and Yobow.

Americans plan to spend $60 billion in 2026 to support health, fitness, and exercise goals and New Year’s resolutions, according to a new survey from the Health & Fitness Association.

SGI NewsWire is taking next week off for the Holidays. We’ll resume posting on December 29, with our next weekly issue published on January 6. Happy Holidays to all our valued subscribers!

Total revenues at the 47 public companies we track increased 5% to $55,482.6 million in the third quarter, up from $52,854.9 million last year, while aggregate net income slipped 10% to $3,613.1 million from $4,020.7 million.

Reporting first-quarter results after a seven-month delay to investigate fraud at its Lugano segment, CODI’s sporting goods brands mainly posted higher sales and profits.

The Big Cat has secured a €500 million ($581.4 mm) bridge loan and additional confirmed credit lines of €108 million ($125.6 mm), aimed at providing interim liquidity to refinance its existing €1.2 billion revolving credit facility.

The Giant Bicycle parent submitted its formal Petition for Modification and its Corrective Action Plan in response to the U.S. Customs and Border Protection’s Withhold Release Order issued in Sep.

Asics is establishing its first U.S. research hub in collaboration with the University of Michigan, aiming to leverage the Wolverines’ research capabilities and running community to drive innovation.

Amp Fit is recalling about 1,900 Amp MP2 Smart Fitness Machines because the arm does not lock properly, potentially allowing it to swing unexpectedly.