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Daily News Feed


10/21/2026


Smith & Wesson Buys Savage Arms

S&W has its eye on the top firearms market share with the acquisition of Savage Arms from an indirect subsidiary of JDH Capital I, L.P. in a $160 million deal inked Oct. 21.

Puma Board Adds Two Anta-Affiliated Directors

After Anta Sports acquired nearly 30% of The Big Cat's equity, Dennis Tao and Jeanne Huang joined Puma’s supervisory board, replacing Héloïse Temple-Boyer and Jean-Marc Duplaix.

Anta’s Sales Slip in Q3 on Soft Demand

The Chinese sportswear giant said retail sales of its core Anta brand declined mid-single digits in the third quarter, down from low-single-digit growth last year and from low-single-digit growth in Q2.

Thule Has a New Chairman after Shareholder Revolt

Per-Arne Blomquist now sits in the big chair of the Swedish equipment manufacturer's board, stepping up from vice chairman to succeed Hans Eckerström during a whirlwind 24 hours.

Skechers Says Not So Fast to Handsfree Labs

Skechers fired back at Kizik’s parent company, claiming a “major legal and commercial victory” in the IP dispute over hands-free entry shoes with Handsfree Labs before Europe’s Unified Patent Court.

7-Eleven Dismisses Nike Suit

The convenience store chain filed a notice of voluntary dismissal with prejudice in TX district court, abandoning the July action accusing the Eager Beavertons of infringing on its Tri-Color mark.

Etcetera: A4, Academy, Nike, FP Movement

10/20/2026


Adidas Raises Outlook After €200 Million Tariff Refund

The Big a said that third-quarter revenues increased 9% (7% CC) to €7,252 million ($8,433 mm) and operating income jumped 37% to €1,008 million ($1,172 mm), boosted by a €200 million IEEPA tariff refund.

Deloitte Forecasts Retail Sales Driving Holiday Spend

Deloitte joined the firms tracking consumers prioritizing gift-giving over travel and other Holiday-related spending in its 2026 Holiday Retail Survey, forecasting total household seasonal spend up 4% to $1,654 for 2026, bolstered by a 10% gain in retail goods spend to $988.

Wiffle Ball Sold to Rose Family

The iconic brand has been acquired by the Rose Family, founders of Big League Wiffle Ball, ending 73 years and three generations of ownership by the founding Mullany family.

Rossignol Group Names New U.S. Commercial Leadership

Rossignol elevated Jake Stevens to U.S. commercial director for Dynastar, Lange, and Look, effective Nov. 16, succeeding Dennis Gaspari, who will retire at the end of the year after 23 years with the company.

Sporting Goods Sales Growth Sustained in September

Sporting goods, hobby, music, and bookstore adjusted sales kept up their year-over-year gains, growing 9.6% year last month to $8,681 million from $7,923 million, the Commerce Dept. reported, but slipped 0.5% sequentially from Aug.

Amer Sports Adds Ding Scion to Board

AS appointed Shaoxiang (Eric) Ding, son of chairman Shizhong Ding, as a director with immediate effect, bringing father and son together on the board of the Arc’teryx, Salomon and Wilson owner.

Etcetera: Foot Locker, Adidas, Topgolf, QALO, Newell, Primary Arms, ABG, Shield Sights

10/19/2026


GoPro Details Merger Plan with Starman Optical

The embattled action camera manufacturer issued a preliminary proxy statement regarding its proposed merger with AI-focused firm Starman Optical, urging shareholders to approve all agenda items during a yet-to-be-scheduled special meeting of stockholders.

The Mountain Studio Targets U.S. Expansion

The Swedish ski and outdoor apparel brand established a U.S. subsidiary this fall to streamline logistics and customs procedures and support its North American expansion.

Amer Sports Names New Atomic Chief

Michael Absmaier, who is currently Atomic’s CFO & VP of business development, will become president of Atomic and Armada effective Jan. 1, 2027, succeeding Wolfgang Mayrhofer.

Gildan Faces Channel Stuffing Charges in New Lawsuit

Citing a June report from short seller Jehoshaphat Research, a new proposed class action filed in N. NY federal court accuses GIL of encouraging customers to pull forward as much as $500 million in orders.

Puma and Sprints Sue Each Other Over Cat Marks

The Big Cat and Sprints traded complaints over several marks, which Puma claims infringe on its Sprint, Leaping Cat and No. 1 Logo in a suit filed in MA district court, while Sprints seeks a declaration of noninfringement in OH.

HandsFree Labs Wins Ruling Against Skechers in Europe

Kizik’s parent company, Handsfree Labs, scored a win in its multi-front IP dispute with Skechers as Europe’s Unified Patent Court ruled that Skechers must stop selling infringing hands-free footwear products.

Nike, Timberland Sued over Designs

The Eager Beavertons, Converse, and Timberland are facing an infringement suit in CT district court brought by Mark Kratter, Boris Zuborev, and Eugene Finkelberg of East Village Shoe Repair fame for copying six of their designs.

Etcetera: Callaway, Anta Sports

 
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