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Daily News Feed 10/27/2026 Shimano’s Bike Biz Rebounds Double Digits
After years of malaise, Shimano’s bike component sales drove 13% revenue growth in the third quarter to ¥128,189 million ($805.2 mm) from ¥113,611 million, but net income inched down 1% to ¥12,072 million ($75.8 mm) from ¥12,144 million. Rocky Brands Posts Another Double-Digit Quarter
Continuing its recent run of success, RCKY net income jumped 78% in Q3 to $12,848,000 from $7,212,000, while revenue rose 13% to $138,814,000 from $122,540,000, driven by broad-based demand. RPM Fitness Follows Parent FitLab into Chapter 11
Two and a half years after its acquisition by FitLab, the performance equipment and apparel brand now faces Chapter 11 in the DE U.S. Bankruptcy Court after its parent’s chief restructuring officer filed Form 201s on Monday for FitLab, RPM, and 23 other subsidiaries. Reusch Int’l Buys Italian Sports Glove Specialist
The Italian glove maker has inked an agreement to acquire Level Gloves as Reusch aims to scale and grow the brand by double digits. GSM Outdoors’ Term Loan Supports Growth Plans
The ratings agency left GSM Outdoors’ B3 corporate family rating, B3 rating on the upsized senior secured first lien term loan, and stable outlook unchanged, including its proposed $100 million incremental term loan. J.Lindeberg Hires Björn Borg’s Bunge as CEO
Henrik Bunge, who has led Swedish sportswear brand Björn Borg for the past 12 years, will take charge of the Stockholm-based golf and lifestyle apparel brand on April 1, 2027. Etcetera: Birkenstock, GSI Outdoors, Bont Cycling, Minus33, Veloci, Helinox, Feedback Sports
10/26/2026 MAP Active Seasonal Demand Drives Top Line Gains
Net income attributable to shareholders at the Indonesian retailer grew 16% to IDR 578,160 million ($33.0 mm) in the third quarter from IDR 499,603 million last year, on 23% higher sales of IDR 6,310,696 million ($359.9 mm), up from IDR 5,150,650 million.
Retail sales of the Chinese sportswear brand declined low-single digits year over year in the third quarter, with a mid-single-digit dip in brick-and-mortar channels. Yue Yuen Warns of Falling Profits
The Chinese footwear maker said that it expects nine-month net income to drop by 50% to 55% from $279 million a year ago, blaming weak demand on the top line, as well as tariffs and inflation. Gildan Closes Hanesbrands Australia Sale
GIL received about A$700 million ($490 mm) in cash from BBFIT Investments Pte Ltd, an entity of private investment firm BB Retail Capital, for Hanesbrands’ Australian operations, acquired with HBI last year. Lowe Alpine Acquisition Closes
ATG Brands & Data Limited closed its acquisition of the Lowe Alpine brand’s IP from Equip Outdoor Technologies, in a deal first announced in Sep., with the new owners gaining exclusive rights to the trademark, logo and associated brand assets. ThredUp Touts Secondhand Potential for Holiday
The secondhand market continues to pick up favor with gifters and giftees, according to the online resale platform’s 2026 Holiday Resale Report. Lululemon Settles Texas PFAS Probe
The athleisure giant inked a settlement with the Texas Attorney General’s office following its spring investigation into the company’s chemical safety practices, AG Ken Paxton announced late last week, while LULU again denied any wrongdoing. Etcetera: Alo Yoga, Asics, Gilbert, AGM Global Vision
10/23/2026 Largest Global Retailers Grew Sales 7% Last Year
Sales growth in weighted local currencies accelerated in 2025 to a 7% pace in SGI’s compilation of the world’s largest sporting goods retailers from just 2% the year before, totaling $154,449 million in aggregate revenue from $142,663 million.
The Chinese sportswear brand reported that retail sell-through was down mid-single digits in the third quarter for the core Xtep brand, including both brick-and-mortar and e-commerce channels. Eagle Nice Profits Battered by Higher Costs, Tariffs
The sports apparel maker cautioned that its net income attributable to shareholders will decline around 40% to 45% to about HKD 116.5 million ($14.9 mm) from HKD 204.5 million for the fiscal first half ended Sep. 30. Huginbiz Teams-up with Outdoor Retailer
The Sweden-based sports business advisory firm will launch an International Pavilion Program at Outdoor Retailer next Aug., aimed at connecting foreign finished-good brands with U.S. retail buyers. NiteRider Elevates Drew Engelmann to President
The maker of lighting for outdoor sports, bicycles, and powersports promoted VP of sales and marketing Drew Engelmann to president, reporting to founder and CEO Tom Carroll. Team Dealers Sued over Price Fixing
A slew of team dealers, including Riddell, Rex Team Sports, Sports Center, Hibbett, and Varsity Brands and its subsidiary BSN, were hit with a proposed class action in MS district court brought by Hancock County School District, accusing the defendants of conspiring together to fix prices. Etcetera: Oofos, Burton, CardVault, Skechers
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