|
Daily News Feed 01/16/2026 No NewsWire on MLK Holiday
In observance of the Dr. Martin Luther King, Jr. federal holiday we will not be publishing on Monday, January 19. We will resume publishing on Tuesday, January 20. Callaway Renames without Topgolf
Callaway Golf Company is the new name of Topgolf Callaway Brands, effective Jan. 15, and the former MODG begins trading today on the NYSE under the ticker CALY. Genesco Plans IT Layoff in Shift to AI
Journeys’ parent company will cut an unspecified number of jobs as part of an IT transformation in partnership with an AI technology provider. Nike’s Final Sex Discrimination Claim Heads to Trial
After most claims in the long-running Cahill v. Nike lawsuit have been settled, the remaining plaintiff, Heather Hender, will have her day in court in a five-day jury trial scheduled to begin on Mar. 2 in OR federal court. TaylorMade Sues Callaway over Ball Aspersions
TaylorMade filed suit in CA district court, accusing Callaway of falsely claiming its golf balls have uneven paint/coating coverage and poor quality control, calling them “mud balls.” Etcetera: Check-Mate, Chipply, Under Armour, Thirtytwo, Quiksilver, CamelBak
01/15/2026 Vail Resorts Reports Terrible Season-to-Date Ski Metrics
The worst early-season snowfalls in the western U.S. in over 30 years limited Vail’s ability to open terrain and negatively impacted visitation, translating into a 20% decline in total skier visits at MTN’s mountain resorts. Stella Finishes the Year Nearly Flat
Hong Kong-based footwear maker Stella Int’l.’s sales inched up to $378.0 million from $377.7 million for the final quarter, while the full-year top line saw 1% growth to $1,523.1 million from $1,504.5 million.
Retail sell-through at the Chinese sportswear giant was down low single digits for the fourth quarter, excluding Li-Ning Young. Under Armour Appoints Kara Trent CMO
Headlining a series of executive moves, Under Dog elevated 10-year company veteran Kara Trent to chief merchandising officer from her current role as president, Americas. Rack Room Shoes Launches Jordan
The value-focused footwear retailer will carry brand Jordan starting next month, adding to its assortment of lower-priced Nike models. Samsung Strikes Back at Ouraring
Samsung filed a complaint with the International Trade Commission seeking to block the Finnish smart ring maker from importing certain wearable devices into the U.S. Patagonia Sues Grey Market Seller
The outdoor brand filed suit in CO district court against Roxann Hayes for infringing on Patagonia’s multi-colored P6 logo and images. Etcetera: Asics, NGF, Uneekor, Azimuth, Reebok, Wilson, Johnnie-O, Nike, New Balance
01/14/2026 Operating Income Improves at CODI Sports Brands
Compass Diversified’s sporting goods brands posted mixed results in the third quarter, the company revealed in a delayed SEC filing, but profitability was better across the board. Himaraya Guides for FY Profit Improvement
Net loss expanded 21% at the Japanese retailer to ¥311 million ($2.1 mm) from ¥257 million in the fiscal first quarter on a 2% gain in net sales to ¥13,492 million ($91.5 mm) from ¥13,260 million. Sporting Goods Sales Soar 8% in Nov.
Still catching up from the government shutdown, the Commerce Dept. said sporting goods/hobby/book and music store adjusted sales jumped 7.8% in Nov. to $8,412 million from $7,804 million and were up 1.9% sequentially. Varsity Brands Ratings Affirmed by S&P, Moody’s
The BSN Sports parent is expanding its first-lien term loan facility by $400 million and will kick in another $60 million from its ABL to finance the acquisition of an as-yet-undisclosed soccer team dealer and retailer. Newell Unveils Bubba Drinkware Relaunch
The Newell-owned brand launched a new brand identity and generation of reusable water bottle designs in the highly competitive space, which includes Yeti, Hydro Flask, CamelBak, Stanley, Nalgene, and others. Under Armour Extends Bryce Harper Contract
Under Dog re-upped the Philadelphia Phillies slugger to a new six-year deal, a week after Harper announced he was a free agent, the Baltimore Banner first reported.
|
