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Daily News Feed 03/26/2026 Designer Brands Sees Return to Black Ink This Year
Net loss attributable to DBI narrowed 48% to $19,992,000 from $38,168,000 in the fourth quarter, though sales were flat at $713,589,000 compared to $713,572,000. Shoe Carnival Guides for Profit Drop in 2026
Net income slipped 38% in the fourth quarter to $9,055,000 from $14,665,000 on 3% lower sales of $254,066,000, down from $262,939,000 that included a -3.5% comp, with Shoe Carnival doors comping down mid-single digits and Shoe Station down low-single digits. Xtep’s Merrell and Saucony Sales Jump 31%
Net income attributable to shareholders was up 11% last year to RMB 1,371,571,000 ($192.0 mm) from RMB 1,238,402,000 on a net sales gain of 4% to RMB 14,151,086,000 ($1,981.2 mm) from RMB 13,577,222,000. CSG Sales Soar after Kinetic Acquisition
Czechoslovak Group’s Ammo+ revenue nearly tripled to €1,395 million ($1,567.4 mm) last year from €482 million, benefiting from a full year of contribution from Kinetic, formerly Vista Outdoor’s ammunition segment. CPSC Recall: Petzl Climbing Axes
Petzl America is recalling about 5,360 Nomic and Ergonomic ice climbing axes because the shaft can break at the handle during use. Etcetera: Fox Factory, Vivobarefoot, DC Shoes, Adidas, Under Armour, Joola
03/25/2026 Anta Sports Outperforms in 2025 with Record Revenue
While its major Western competitors continue to struggle in the PRC, the Chinese sportswear giant posted another standout result, with revenue increasing by 13% to RMB 80,219,000 ($11,230.7 mm) last year, up from RMB 70,826,000. Colt CZ Group Aims for Strong Double-Digit Growth This Year
Net income in the final quarter more than doubled to CZK 717,126,000 ($34.4 mm) from CZK 335,918,000, though sales slipped 1% to CZK 7,327,780,000,00 ($351.3 mm) from CZK 7,403,897,000, mainly due to the U.S. government shutdown. On Brings Back Founders as Co-CEOs
On Holding announced a shakeup at the highest level, with CEO and CFO Martin Hoffman stepping down, and ONON founders and current executive co-chairmen David Allemann and Caspar Coppetti taking over as co-CEOs, effective May 1.
The parent company of Rip Curl, Kathmandu, and Oboz halted trading of its shares on the ASX and NZX, confirming it is pursuing a capital raise with a group of investors. Beretta Proposes Sturm, Ruger Tender Offer
After several rounds of dueling press releases over RGR’s board composition and strategic direction, the Italian gunmaker is suggesting it might put more of its money where its mouth is, with an offer to buy up to 20.05% of RGR shares for about a 20% premium. Pelican International Acquires KL Outdoor
The Laval, QC-based watersports company inked an agreement to acquire KL Outdoor for undisclosed terms, aiming to expand Pelican’s North American footprint. Caddix Adds Joe Flacco and Kayla Sharples as Investors
The Baltimore, MD-based maker of cleated footwear with a proprietary SmartStuds injury-reducing technology secured strategic investments from the former Super Bowl champion and NWSL defender. Former MLB Slugger Sues Nike, Fanatics, and White Sox
Nike, Fanatics, and the Chicago White Sox were hit with a suit in IL state court brought by MLB Hall of Famer Frank Thomas for the unauthorized use of his name and number on City Connect 2.0 jerseys.
The Eager Beavertons were hit with a proposed class action in OR district court, accusing them of failing to adequately protect private information during a Jan. cyberattack. Etcetera: Under Armour, Wilderness Exchange, Nike, Reebok, Original Penguin
03/24/2026 361 Degrees Posts Double-Digit Sales Growth
Net income attributable to shareholders at the Chinese sportswear brand was down 14% to RMB 1,308.9 million ($183.2 mm) from RMB 1,148.6 million for 2025, though revenue tallied RMB 11,145.8 million ($1,560.4 mm), up 11% from RMB 10,073.5 million. Leatt Returns to Profit in 2025
The South African protective equipment maker finished last year in the black, posting a profit of $3,263,922 against a $2,204,664 loss in 2024, as revenue soared 41% to $61,907,914 from $44,027,942.
The Rip Curl, Kathmandu, and Oboz parent said “Naur” to former Billabong CEO, Paul Naude, rejecting a bid to add Naude’s Stokehouse surf apparel and accessories company to Rip Curl. Frasers Adds to ASOS Stake, One Step from Takeover Trigger
The UK retail conglomerate controlled by Mike Ashley has accumulated a 29.26% stake in ASOS through a mix of direct shares and derivatives, making it the company’s largest investor, SGI Europe reported.
In advance of its 2026 annual meeting, RGR added a section on its website to host information related to its proxy battle with Beretta, including a new presentation that makes the case for staying the course. Nike Dunks on Social Media Influencer
The Eager Beavertons were awarded $11 million in total damages by a Cen. CA district court jury, which found social media influencer Nick Tuinenburg and his company, Divide the Youth, liable for counterfeiting and infringing on Nike’s Dunk trade dress.
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