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Daily News Feed


11/10/2026


On Holding Plans for Strong Holiday after Record Q3

Net income jumped 37% to CHF 162.8 million ($201.0 mm) from CHF 118.9 million in the third quarter, boosted by CHF 52.6 million of IEEPA tariff refunds, as revenues grew by 17% to CHF 931.4 million ($1,149.9 mm) from CHF 794.4 million.

Grupo SBF’s World Cup Spending Sinks Profits

The bottom line swung to a BRL 17,473,000 ($3.3 mm) loss in the third quarter, down from last year’s income of BRL 85,854,000, as sales grew 5% to BRL 2,036,114,000 ($38.7 mm) over BRL 1,936,522,000, driven by double-digit growth in running and performance footwear.

Yonex Sales and Profits Record Double-Digit Growth in FQ2

Profits improved 23% in fiscal Q2 ended Sep. 30 to ¥2,623 million ($16.5 mm) from ¥2,134 million, on revenues that grew 16% to ¥46,115 million ($289.6 mm) from ¥39,676 million last year.

Retail Imports Still High as Peak Season Ends

Cargo imports at major container ports grew 13% to 2.37 million Twenty-Foot Equivalent Units in Sep., making it the busiest month of the year as peak season winds down, according to the NRF and Hackett Associates’ Global Port Tracker report.

Sneaker Manufacturer Sales Grew Last Month

Yue Yuen’s footwear manufacturing revenue 5% in Oct. to an implied $481,606,000 from $459,037,000 last year, lapping last month’s 7% improvement.

Pou Sheng Slumps in October

Sales at Yue Yuen’s retail subsidiary, which operates stores for Nike, Adidas, and many other brands in the PRC, were off 21% in local currency in Oct. to RMB 1,356.7 million ($201.3 mm) and are now down 6% year-to-date to RMB 13,759.4 million.

Centric Brands Sold to Management Group

The licensee of Under Armour, Ugg, Quiksilver, and dozens of fashion and entertainment brands has been acquired by CEO Jason Rabin, group president Jarrod Kahn, and an investor group.

Peloton Prices, Upsizes Notes Offering

PTON priced its now-$700 million senior secured notes at 8.625%, better than estimates that it would have to pay 9.0% to 9.5% to place the debt.

Etcetera: Asics, Yeti, Mountain Hardwear, Pieps

11/09/2026


Alpargatas Grows Double Digits on Home Market Strength

Net income ticked up 2% to BRL 175.5 million ($33.3 mm) from BRL 171.3 million for the third quarter, on an 11% net sales gain to BRL 1,239.7 million ($235.5 mm) from BRL 1,115.8 million.

Giant Bicycle Q3 Sales Improved 6%

Parent Giant Group reported third-quarter revenues increased 6% to TWD 16.31 billion ($509.8 mm) and generated TWD 330 million ($10.3 mm) in net profit attributable to shareholders, down 6% from a year ago.

Berkshire Hathaway’s Apparel Businesses Mixed in Q3

Brooks Running revealed its continued momentum last month, but BRK said in its third-quarter 10-Q that Fruit of the Loom sales declined due to changes in sales mix and the exit of unprofitable lines of business.

Americas Sales Drive Globeride’s Growth

Daiwa Fishing and Golf’s parent company saw net income inch down 2% to ¥2,110 million ($13.3 mm) from ¥2,155 million in the fiscal second quarter ended Sep. 30, despite revenues improving 6% to ¥36,066 million ($226.5 mm) from ¥33,882 million prior.

Peloton Offering Notes to Retire Term Loan

PTON is launching a private offering of $600.0 million in senior secured notes due 2032 and seeking a $200.0 million five-year revolving credit facility, aiming to cut interest expense and extend maturities to 2032.

Ida Sports Raises $3 Million

The women’s soccer boot maker that won SFIA’s Start-Up Challenge in 2022 has scored another $3 million, closing a Series A round led by CoverFour, an investment firm helmed by Marucci Sports O.G. Joe Lawrence.

Timeshifter Wins Asics’ Kenzen 2026 Competition

Asics awarded the $40,000 grand prize at its Kenzen 2026 start-up competition to Timeshifter, which develops technologies to help travelers control circadian rhythms and already reports more than 1.8 million app users.

Under Armour Settles Suit over Bioceramic Apparel

The day before Under Armour’s long-running dispute with Multiple Energy Technologies was scheduled for trial, the two parties have agreed to settle, according to a filing in W. PA federal court.

Etcetera: Nike, Newell, Rhone, Solo Stove, New Balance

11/06/2026


Under Armour Raises Profit Guidance on Turnaround Progress

Coming close to breakeven in the fiscal second quarter ended Sep. 30, Under Dog’s net loss narrowed to $425,000 from a loss of $18,814,000 a year ago, as revenues were better than expected, but still slipped 7% to $1,241,743,000 from $1,333,380,000.

Alpen Gets World Cup Boost in FQ1

Net income more than doubled to ¥1,559 million ($9.8 mm) from ¥606 million, on a 10% net sales gain to ¥71,830 million ($451.2 mm) from ¥65,424 million in the fiscal first quarter ended Sep. 30.

Lululemon Hires Chief Brand, Strategy Officers

LULU tapped hospitality industry exec Ben Hallam as chief brand officer effective Nov.9 and former BCG consultant Emily Sunderland as chief strategy officer as of Nov. 23, while the search continues for a new chief technology officer and chief communications officer.

RepSpark Acquires Tee Commerce

The B2B platform, which powers wholesale commerce for brands and retailers across golf, outdoor, and lifestyle apparel, inked an agreement to acquire Tee Commerce and expand into retail.

Etcetera: Rebel Sport, Fanatics, Xtep, Pure Hockey, ABG, Smith & Wesson, Marmot, Adidas

 
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