EXEC: Nike’s Shares Jump on Improving Turnaround Prospects
EXEC: TaylorMade Investor Seeks Preferential Treatment in Potential Sale of Brand
EXEC: Hibbett Parent JD Sports to Open More JD Stores in Spain
EXEC: Topo Athletic CEO Tony Post Talks Meteoric Growth for the Running Brand
EXEC: Wall Street Remains Skeptical of Any Nike Recovery in Fiscal Q4
SGB Update
General RV to Carry Blaupunkt EBikes at Nationwide Supercenters
The largest RV dealership in the U.S. will now carry Blaupunkt ebikes available in all 26 of their stores, solidifying its position as the official ebike retailer in the RV channel.
StadioBike Adds to Ownership Team to Help Drive New Bicycle Racing Format
Kristin Labonte, a former national masters champion in the individual time trial, criterium, and road racing disciplines, is the managing partner of Breaking Limits, a sports marketing agency. James Pope is a globally respected event architect with over two decades of experience creating and scaling marquee cycling events.
BlackHeart Bike Co. Inks Deal for European Distribution
The partnership will see Bike-Components.de carry the brand’s framesets, including the latest Gravel Ti, as well as exclusive European colorways for the company’s aluminum line, available on Bike-Components.de’s online platform.
Nike, Inc. Beats Wall Street Estimates for Q4 Top- and Bottom-Line Declines
While the company produced a beat on both the top- and bottom-line consensus Wall Street estimates for the period, many analysts appeared more interested in the fiscal 2026 full-year guidance, which was not provided in the initial release of Q4 and full-year figures.
Recall: Bell Sports Bicycle Helmets
About 31,200 Bell Sports bicycle helmets are being recalled. The recalled helmets do not comply with the impact requirements of the Consumer Product Safety Commission’s (CPSC) mandatory federal safety standard for bike helmets.
SGB Executive
EXEC: Nike’s Shares Jump on Improving Turnaround Prospects
Nike, Inc. continues to face headwinds in its turnaround efforts, including an estimated $1 billion hit from tariffs. However, the company’s first-quarter guidance came in better than expected. Nike officials told analysts that its steps to reengage wholesale partners are paying off, with holiday bookings up. Shares of Nike in mid-day trading Friday, June 27, were up about 17 percent.
EXEC: TaylorMade Investor Seeks Preferential Treatment in Potential Sale of Brand
The move comes as Centroid, the South Korean private equity firm that acquired TaylorMade in 2021, in mid-May confirmed plans to divest its controlling stake in TaylorMade, opting for an outright sale over an initial public offering.
EXEC: Hibbett Parent JD Sports to Open More JD Stores in Spain
The UK-based owner of the JD, DTLR, Shoe Palace, Finish Line, and Hibbett retail brands in the U.S. has 130 stores in Spain operating under the Sprinter banner.
EXEC: Topo Athletic CEO Tony Post Talks Meteoric Growth for the Running Brand
SGB Executive talks with Topo Athletic’s Founder and CEO Tony Post about the brand’s momentum, recent product wins, its partnership with DBI, tariff turmoil, and future opportunities.
EXEC: Wall Street Remains Skeptical of Any Nike Recovery in Fiscal Q4
Analysts expect Nike, Inc. will meet or exceed conservative guidance when it reports earnings for the fiscal fourth quarter ended May 31 on Thursday evening, June 24; however, results will again be well below year-ago levels.
