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Daily News Feed


06/15/2026


Sports Direct Parent Bids for Australian Partner

Frasers Group is aiming to take its 22.9% stake in ANZ distributor and regional Sports Direct operator Accent Group to 100% with an A$ 0.65-per-share takeover offer.

Dick’s SG Expands Partnership with Lids

Following a 46-store test, Dick’s will roll out Lids shop-in-shops to 100 total locations by late summer, offering a wide array of headwear from the licensed sports retailer.

Birkenstock’s Debt Offering Draws Negative Outlook from S&P

BIRK subsidiary Birkenstock Group B.V. & Co. KG is selling €900,000,000 in aggregate principal amount of new senior notes due 2033, aiming to retire €428.5 million of outstanding 5.25% senior notes due in 2029.

Scott Adds 3PL to Utah Distribution Center

Scott USA is offering a new third-party logistics service from its facility in Ogden, UT, opening warehousing and fulfillment infrastructure to outdoor, cycling, moto, and active lifestyle brands seeking scalable distribution solutions.

Rhoback Scores Investment from New Athlete Fund

The active lifestyle brand has received an unspecified investment from CHAMP, a new partnership between L Catterton, Patricof, and a roster of over 250 athlete investors.

OrthoLite Founder and CEO Steps Down

Glenn Barrett, who founded the footwear component maker in 1997, will remain as an advisor and member of parent Coats Group’s executive team, while the big chair goes to veteran materials and specialty chemicals exec, Marius Wirtz.

Asics Sues Onitsuka Tiger Counterfeiters

Asics filed suit against Gio Co., and its subsidiary Art Deco Co., FMDH LLC, and DS Shoten for allegedly infringing on the Japanese sportswear sub-brand Onitsuka Tiger’s marks.

Etcetera: Lululemon, StockX, Kohl’s

06/12/2026


Industry Profits Grow Double Digits in First Quarter

After taking a significant profit hit from impairments in Q4, aggregate sales and net income at public sporting goods companies accelerated in Q1, with revenue up 12% to $54,510.2 million from $48,868.5 million and net income up 13% to $2,921.6 million from $2,588.0 million.

Activist Investor Calls Out Topo in Taking 16% Designer Brands Stake

Stone House Capital Management has accumulated 7,000,000 DBI shares and holds call options for 1,500,000 more, according to a recent 13D filing.

Cannondale Parent Shifting Production out of the Netherlands

Dutch conglomerate Pon Holdings’ Cannondale production is moving from the Netherlands to its facilities in Germany and Lithuania, according to multiple reports.

Etcetera: Perfect Moment, Evolution Outdoor, Purist Collective, Liberty Ammunition

06/11/2026


Rebel Sport Parent Guides for Growth at all Banners

Multi-banner Australian operator Super Retail Group is aiming for a mid- to high-single-digit CAGR in profit before tax, driven by new store expansion generating returns above the cost of capital, in a new five-year plan rolled out at its Investor Day.

Eagle Nice Profits Dip on Tariff, ForEx Pressures

Net income attributable to shareholders slipped 20% to HK$ 173,555,000 ($22.3 mm) from HK$ 217,201,000 for the year ended Mar. 31, despite 4% higher revenue of HK$ 5,020,029,000 ($643.6 mm) up from HK$ 4,807,899,000.

First Graphene Limited Acquires MITO

First Graphene inked an agreement to acquire MITO Material Solutions’ portfolio, manufacturing equipment, and IP, accelerating the graphene supplier’s entry into the U.S. defense and advanced materials space.

Shoe Carnival Rebrands to Shoe Station

SCVL has slowed the pace of conversions from its legacy Shoe Carnival banner to Shoe Station, but is still pushing ahead with the corporate name change to Shoe Station Group, effective June 12.

Compass Diversified CEO is Stepping Down

The parent of 5.11, BOA Technology, Primaloft, and Velocity Outdoor named Zach Sawtelle as chief operating officer and heir apparent to CEO Elias Sabo, who will retire at the end of the year.

Lawmakers Introduce Great American Outdoors Act

The House Natural Resources Committee introduced the bipartisan Great American Outdoors Act, seeking to reauthorize the landmark 2020 bill, which would invest $1.9 billion in America’s national parks and public lands over the next five years.

Tee Claw Sport Sues over Knockoffs

Tee Claw Sport filed suit in KY district court, accusing Ice Tees and its owner, Dalton Rauer, of infringing on two patents related to its golf teeing training aids.

Etcetera: L.L.Bean, Fujikura, Oura, Puma, Athletifreak

 
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