EXEC: Callaway Golf CEO Talks Renewed Company Progress as a Golf Pure-Play
CEO Chip Brewer said an increase in gross margin was driven primarily by continued progress on certain initiatives, including “select price increases, cost reductions and rationalizing select lower-margin business. with tariffs providing a slight positive impact to the year-over-year increase.”
EXEC: Canada Goose Divests Baffin Boot Business to Canadian Manufacturer
Canada Goose Holdings, Inc. entered into an agreement to sell Baffin, Ltd., the Canadian footwear brand, to L.P. Royer, Inc., a Canadian manufacturer of work and military footwear. Canada Goose acquired Baffin in 2018 as its first step into the footwear category.
EXEC: John Lewis Launches New Sports And Wellness In-Store Shops
The British department store chain has launched a new sports and wellness in-store concept, aiming to “become the first UK retailer to combine sportswear, footwear, wearable technology, recovery, AI-powered fitness, and expert services in one location.”
EXEC: Bogs Returns to Wholesale Growth in Q2, Seen Benefiting from Seamless Construction
Weyco Group, Inc. reported its Bogs outdoor boot brand saw its first sales gain in a quarter since the fourth quarter of 2021. Thomas Florsheim, Weyco’s chairman and CEO, expects Bogs sales to continue to expand in the second half due to healthy demand for its seamless-constructed rubber boots.
EXEC: Nike Downgraded to “Underweight” by J.P. Morgan
J.P. Morgan downgraded Nike, Inc. from “Neutral” to “Underweight.” Analyst Matthew Boss believes that Wall Street is “mis-modeled” on the athletic giant, believing the financial headwinds will drag down profitability through fiscal 2028.
EXEC: Descente Scores Record Fiscal Q1 Profits on China Gains
Descente, owned by Japanese trading house Itochu Corp, reported record profits in the fiscal first quarter ended June 30, mainly due to an increase in equity earnings through its Anta-led Chinese joint venture.
EXEC: Italy’s Macron Sportswear Delivers 10 Percent Growth in First Half
The Italian sportswear brand reported revenues reached €117.5 million ($135 mm) in the first half, up 9.8 percent compared to €107 million in 2025. More than 80 percent of Macron’s revenue generated in international markets in the half.
EXEC: Madshus Acquired by ConsilTech and Former Rottefella CEO
Elevate Outdoor Collective has agreed to sell Madshus, the 120- year-old Norwegian ski brand, to ConsilTech, the Czech industrial company that owns the ski brand Kästle. Torstein Myklebostad, who formerly led the ski binding manufacturer Rottefella for the past ten years, becomes the new CEO and co-owner of Madshus.
EXEC: Hiplok Names Bicycle Distributor for Austria and Germany
The appointment marks the company’s second new distributor in the EU added since May after the company named TCK Sports Group as its bicycle distributor for the Benelux (Belgium-Netherlands-Luxembourg) region.
EXEC: KPMG Says Parents Still Prioritizing Sports Participation Despite Rising Costs
Parents are making more deliberate tradeoffs in how they allocate their back-to-school budgets amid widespread inflationary pressures, but seven in 10 still plan to protect sports participation, according to the Consumer Pulse Back-to-School 2026 survey released by KPMG LLP, the U.S. audit, tax and advisory firm.
EXEC: Analysts Eye Continued Momentum for Adidas Despite Q2 Shortfall
Adidas shares fell 12.6 percent last Thursday after reporting second-quarter earnings missed analyst targets due to accelerated marketing investments in World Cup and concerns around slower footwear growth, but most analysts remain bullish on the stock, especiially encouraged by strong DTC growth.
EXEC: Sebago, Sundek and Woolrich Europe Owner Maintains DD Growth Trends
Milan, Italy-based BasicNet S.p.A., the parent of Briko, K-Way, Kappa, Robe di Kappa, Sebago, Sundek, Superga, Woolrich Europe, saw increases moderate in the second quarter as first half sales fell short of the great start to the year.
EXEC: Strong Pilates Accelerates U.S. Expansion
The Australian-based high-intensity Pilates concept announced its continued U.S. expansion with new studios opening across Boston, Charlotte, Los Angeles, Maryland, New York City and Philadelphia throughout 2026, alongside signed franchise agreements that will bring the brand to Miami, Florida; Portland, Oregon; and Charleston, South Carolina in early 2027.
EXEC: Rebel Sport NZ Segment Q2 Boosted by Sports Events
The New Zealand-based parent of Rebel Sports and Briscoe Hardware Stores posted flattish sales growth in the second quarter. Sporting goods segment sales grew 4.8 percent, driven by sporting events, including the FIFA World Cup and Auckland FC’s first A-League Men championship title, offsetting a decline in hardware store sales.
EXEC: JD Sports Begins Second Tranche of Stock Buyback Program
JD Sports Fashion Plc launched the second £100 million tranche of its £200 million share buyback program, aiming to return capital and reduce share capital. The entire program runs through the 2026/27 financial year, with the second phase expected to finish by January 31, 2027.
