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Daily News Feed 08/24/2026 West Marine Slashes Doors, Stiffs Vendors as it Exits Bankruptcy
The boating and marine supplies retailer has emerged from Chapter 11 with a halved door count and roughly $265 million in debt reduction, though general unsecured trade creditors are looking at less than 1% recovery, according to court filings. Tecnica Makes Progress in H1 but Lowa Lags
Tecnica Group narrowed its net loss to €20.2 million ($23.5 mm) in the first half from €30.9 million, on 1% revenue growth to €173.8 million ($202.1 mm) from €171.5 million, with gains from its winter sports brands and Moon Boot offsetting a contraction at Lowa.
Marquee Brands is backing the acquisition of the outdoor and lifestyle apparel brand for roughly C$117 million ($84.8 mm) in a go-private deal valued at C$4.10 per share, representing a 36% premium over its Mar. 2 closing price, before it announced a strategic review. Dynasty Financial Partners Takes Stake in NoBull
The performance training company, which counts Tom Brady as an owner and reached a reported valuation of $1 billion earlier this year, sees Dynasty Financial acquire a 3% stake. Lululemon Shakes up APAC Leadership
The Lulunatics promoted San Yan Ng, who has led their China business for eight years, to regional president of China and APAC, extending her mandate across both regions.
CCM Hockey is recalling about 12,957 FMHVR hybrid visors and ACCHVR replacement visor accessories because they can crack upon impact, posing a risk of injury. Etcetera: Dick’s, Sierra Bullets
08/21/2026 Sporting Goods Imports Flatten In Q2, China Slide Moderates
Buoyed by the Supreme Court ruling that the Trump Administration’s IEEPA tariffs were illegal, industry imports slowed their recent freefall, declining by less than 1% to $5,773.7 million in Q2 from $5,805.4 million last year. Tecnica’s Zanatta Family Buys Back 9.09% Stake
Tecnica’s founding Zanatta family inked an agreement to acquire an additional 9.09% stake in the outdoor footwear and winter sports equipment maker through its Prime Holding entity for about €50 million ($58.1 mm), bringing the founding family's holding from 60% to 69.09%. Bergans’ CEO Leaving to Join Brav
Silje Garberg Ree is stepping down as CEO of Bergans of Norway at the end of the year to become CEO of Brav, parent company of Swix, Lundhags, Helsport, and Toko. Etcetera: Ahead, New Era, On Running, Jordan Brand
08/20/2026 JD Sports Cuts Guidance after North America Weakens
Struggles at Finish Line pulled down JD’s North American revenues in the second quarter, with total organic sales across banners declining 4.5% to £1,070 million ($1,445.9 mm) and comps down 6.8%. Rebel Sports, BCF and Macpac Grow Sales for SRG
Super Retail Group’s Rebel Sports’ sales increased 5% to A$1,422.7 million ($988.0 mm) from A$1,361.7 million for the fiscal year ended June 27, with comps up 3.8% on growth in transactions and average order value. Li-Ning Sales Increase Low Single Digits in H1
First half net income attributable to shareholders grew 5% to RMB 1,816,185,000 ($266.7 mm) from RMB 1,737,422,000, on revenue that improved 3% to RMB 15,235,250,000 ($2,237.2 mm) from RMB 14,816,763,000. Stella’s Profit Weighed Down by Increased Costs
Profit attributable to shareholders slipped 19% to $64,040,000 from $78,633,000 for the first half, impacted by increased material costs, product mix adjustments, and ramping up new facilities, as revenues ticked up 1% to $786,672,000 from $775,074,000.
Net income nearly quadrupled to €8.5 million ($9.9 mm) in the first half from €2.2 million, as revenues climbed 7% to €134.8 million ($156.7 mm) from €125.5 million at the Finnish fishing tackle company. VF Corp. Scores Moody’s Outlook Upgrade
The ratings agency changed VFC’s outlook to stable from negative, and affirmed its Ba2 corporate family rating and Ba3 debt-level ratings, citing improvements in operations and credit metrics. SFIA Finds Participation Keeps Growing
Activity rates are continuing their ascent, the recovery of several key team sports is looking stickier and stickier, pickleball is leveling out, and affordability is an increasing concern, according to SFIA’s First Half Game Plan 2026: Key Moves in Sports Participation. Etcetera: Lululemon, Under Armour, Stoke
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