|
Daily News Feed 11/17/2025 Compass Diversified’s Lugano Files for Bankruptcy
CODI’s embattled high-end jewelry subsidiary filed for Chapter 11 bankruptcy protection with the aim of selling the business, shedding some light on the fallout from alleged fraudulent practices by its founder and former CEO that have plagued the company and its parent since the spring. Eagle Nice Profits Up on Record Sales
Net income attributable to shareholders improved 12% to HKD 204,513,000 ($26.2 mm) from HKD 183,200,000 in the fiscal first half ended Sep. 30, on revenues that grew 11% to a record HKD 3,323,910,000 ($425.6 mm) from HKD 2,982,900,000. Björn Borg’s Apparel Sales Drive Q3 Growth
The Swedish sportswear brand’s net income increased 5% in the third quarter to SEK 36,871,000 ($3.9 mm) from SEK 34,952,000 as sales grew by the same percentage to SEK 299,786,000 ($31.7 mm) from SEK 285,087,000. Crocs Names New Heydude President
CROX elevated its SVP and chief commercial officer, Rupert Campbell, to EVP and president of Heydude, where he’ll lead all elements of the brand’s product, marketing, and commercial go-to-market strategy. Sporting Goods Shoppers Prefer Multi-brand Retail
The National Sporting Goods Association’s most recent Shopper Playbook Study found that 79% of sports equipment shoppers and nearly 70% of footwear and apparel shoppers favor multi-brand stores. Nike, Converse Sue over Marketing Language
Nike and Converse are suing Love Kelly Holdings, an apparel designer, in S. NY district court, asking for a declaratory judgment of non-infringement, arguing that its Love, Chuck and Love, Hurts marketing campaigns do not infringe on the defendant’s Love, Kelly and Dear Love marks. Etcetera: ThredUp, Foot Locker, Surftech, Armasight
11/14/2025 Under Armour Cuts Curry, Expands Restructuring
Under Dog is ending its 13-year relationship with Golden State Warriors guard Steph Curry, moving to focus on strengthening its own brand and developing UA basketball footwear and apparel going forward. Misto Completes U.S. Fila Exit
Profits at the Korean parent company of Fila and Acushnet nearly doubled in the third quarter to KRW 101,896 million ($73.5 mm) from KRW 53,360 million, on consolidated revenue of KRW 1,088,201 million ($785.0 mm), up 4% from KRW 1,049,458 million and 2% higher constant currency. Perfect Moment Net Shrinks in Q2
Net loss at the luxury skiwear and lifestyle brand narrowed 33% to $1,840,000 from a loss of $2,744,000 on sales that grew 24% to $4,763,000 from $3,833,000 prior, for the second quarter ended Sep. 30. GrabAGun Sales Grow but Net Slips on Public Listing Expenses
The firearms e-tailer GrabAGun Digital Holdings reported its bottom line swung to a loss of $3,253,000 against a profit of $506,000 in the third quarter ended Sep. 30, while revenue improved 10% to $22,267,000 from $20,174,000. Winchester Parent’s Outlook is Negative, S&P Says
S&P Global revised its outlook on Olin Corp. to negative from stable, while affirming its BB+ issuer credit rating and BB+ issue-level ratings for now, citing deteriorating results and credit metrics.
11/13/2025 Patagonia Sales Hit $1.47 Billion Last Year
The privately held outdoor apparel company posted $1.47 billion in revenue for its fiscal year 2025, which ended Apr. 30, according to its Work in Progress 2025 Impact Report, with 61% of the top line from domestic sales and 39% from international. Zett’s Net, Sales Grow in Sep. Quarter
Net income improved 59% to ¥175 million ($1.2 mm) from ¥110 million in the fiscal second quarter ended Sep. 30, on 7% sales growth to ¥14,673 million ($99.5 mm) from ¥13,708 million. Newton Golf Sales Improve in Q3
Net loss at the high-end golf equipment maker expanded to $1,580,000 from a loss of $1,060,000, despite revenues more than doubling to $2,582,000 from $1,211,000 prior.
The ratings agency sees a mixed bag in the Swoosh’s turnaround efforts, with a longer-than-expected timeframe prompting a downgrade of its senior unsecured notes to A2 from A1, senior unsecured shelf to (P)A2 from (P)A1, and senior unsecured Medium-Term Note Program to (P)A2 from (P)A1. Shoe Carnival is Dead, Long Live Shoe Station
The family footwear retailer’s ongoing transition to the Shoe Station banner took a significant step forward as the SCVL board gave a unanimous thumbs-up to Shoe Station Group, Inc. as the new corporate name, pending shareholder approval at the June 2026 annual meeting. VF Corp. Completes Dickies Sale
VFC closed the deal to sell the workwear brand to Bluestar Alliance for $600 million in cash, as part of VF’s Reinvent turnaround strategy, with the proceeds going to reduce its net debt level.
The Italian owner of Kappa, K-Way, Superga, Sebago, and other brands will pay €40 million in cash and stock for the Woolrich brand in Europe and Woolrich Europe S.p.A., which handles distribution and retail. CPSC Recall: Trek Bikes and Wheels
Trek is recalling about 74,820 Trek and Electra-branded bicycles with coaster brakes and replacement rear wheels with coaster brakes, because the brakes can fail to engage. Etcetera: Ciele Athletics, Puma, Nike, Fleet Feet, Topgolf Callaway
|
