EXEC: Yonex Attributes New Record Highs to “Solid Conditions in the Sports Market”
The company said Badminton sales increased both domestically and overseas amid continued sports market activity, netting an increase of nearly 20 percent year-over-year (y/y) for the fiscal year. Tennis sales increased over 17 percent y/y.
EXEC: Sweden’s WeSports Group Sees Top-Line Jump 52 Percent on Solid Retail Gains and Acquisitions
WS WeSports Group, the Malmö, Sweden-based manufacturer of sports equipment and parent of specialty retailers, HockeySports, RunningXpert and other retailers supporting active sports lifestyle consumers, is reporting that net sales for first quarter increased 51.8 percent year-over-year (y/y) to SEK 960.5 million, compared to SEK 632.9 in the 2015 Q1 period. Organic currency-adjusted (ca) growth […]
EXEC: On Holding Sees Younger Consumers Helping Propel Growth
On Holding AG appeared to disappoint investors by not raising revenue guidance for the year, but otherwise reported another gangbuster performance in the first quarter, with sales and earnings handily topping analysts’ expectations with the help of the brand’s expanding appeal to younger audiences. Founder and Co-CEO Caspar Coppetti on an analyst call, “Demand is incredibly broad-based. Our strategy is resonating across regions, categories and channels, reaching more fans than ever before.”
EXEC: Under Armour Shares Crash as North America Struggles Continue
Shares of Under Armour fell 17.2 percent on Tuesday as the company forecast profits in the current fiscal year will slide well below analyst targets, with the North America region expected to see its fifth consecutive year of declines. CEO Kevin Plank told analysts, “In North America, we expect stabilization in the year ahead and are focused on revenue quality restoring marketplace discipline and rebuilding momentum with both consumers and wholesale partners. What we’re seeing gives us great confidence.”
EXEC: Leatt Corp. Revenues Jump 27 Percent in First Quarter
The South Africa-based maker of protective gear for MOTO, MTB, and a wide range of extreme and high-velocity sports reported profits in the first quarter rose 58 percent on a 27 percent sales gain. The gains were driven by strong gains in helmet and body armor categories.
EXEC: Mizuno Sees Americas FY Profitability Dragged Down by Tariffs
Mizuno Corp. reported sales and profits reached record highs in its fiscal year ended March 31, with sales expanding 7.8 percent. Sales in the Americas grew 4.9 percent as momentum in golf offset declines in baseball/softball and running, but profits slid due to U.S. tariffs.
EXEC: Nike Sued by Customers Seeking Refunds of Tariff Costs
Nike Inc. is facing a proposed class-action lawsuit accusing the company of improperly seeking tariff refunds after allegedly passing those same tariff costs on to consumers. The suit charges that Nike would improperly retain a “windfall” by both passing tariff costs on to consumers through higher retail prices and simultaneously seeking refunds from the federal government following the Supreme Court ruling.
EXEC: WS WeSports Group AB Expands Stakes in SkiCom Sweden AB and Bikelease AB
Following these latest transactions, WeSports Group increased its holdings in SkiCom Sweden AB from 51 percent to 80 percent, while increasing its holdings in Bikelease AB from 60 percent to 100 percent.
EXEC: UK’s Shoe Zone Posts Steeper Loss in Half as Sales Drop 12 Percent
U.K. off-price shoe retailer Shoe Zone widened its net loss for the fiscal half ended March 28, to £5.3 million ($7.2 mm) from £2.3 million a year ago. Sales dropped 12.0 percent to £62.9 million ($85.8 mm).
EXEC: Giant Group Posts Q1 Loss After Revenues Fall Over 25 Percent on Tough Comps and WRO Issue
The 25.7 percent year-over-year decline to NT$12.5 billion was reportedly impacted by normalization of OEM business mix following an elevated prior-year comparison base and softer demand. The 2026 Q1 decline tracks against a 4.9 percent increase in the year-ago first quarter, following a weak 2024 first quarter.
EXEC: Pou Sheng’s China Retail Business Ekes Out Small April Increase
Net consolidated operating revenue for April 2026 inched up 0.1 percent year-over-year to RMB 1.38 billion, compared to RMB 1.37 billion in April 2025. Pou Sheng trades and reports in the Chinese Yuan (RMB) currency.
EXEC: Havaianas Parent Sees Q1 Sales Expand 12.5 Percent
Brazil-based Alpargatas reported that sales in the first quarter grew 12.5 percent to Brazil Real $1,229.5 million ($251 mm). Overall volumes reached 61.5 million pairs, up 8.4 percent year over year. The gains reflect earlier sell-ins in its core Brazilian market and a shift in the U.S. from a direct to a distributor model.
EXEC: Asia FW Factories Post Diverging Active Lifestyle Growth Trends in April 2026
Yue Yuen’s manufacturing business, which boasts Adidas, Merrell, Asics, and other footwear brands as key customers, posted an 6.9 percent increase in April 2026, while Feng Tay revenue fell 7.2 percent year-over-year.
Study: Pickleball Growth Slows as Skiing, Flag Football, and Pilates Step Up
NSGA’s 2026 Sports Participation Report found alpine skiing, cheerleading, flag football, kayaking and Pilates saw the strongest participation gains among sports, fitness and outdoor activities in 2025. Golf, tennis and pickleball all saw solid gains, although pickleball moderated from its breakneck pace in recent years.
EXEC: Callaway Hikes Outlook on Resilient Demand for Golf Balls, Clubs
First-quarter results topped expectations on strength in both Callaway clubs and TravisMathew drove the company to sharply raise its full-year outlook. CEO Chip Brewer said Callaway’s bullish outlook in part reflects resilient demand from golfers despite macroeconomic uncertainty.
