SGB Executive Sports & Fitness
EXEC: OR, Overland Expo and Surf Expo Parent Reviewing Strategic Options
Emerald Holding, Inc., the parent of Outdoor Retailer, Surf Expo, Sports Licensing & Tailgate Show, and other trade shows, has reportedly initiated a review of strategic options following inquiries about a potential acquisition of the company. Goldman Sachs & Co. LLC is acting as its lead financial advisor
EXEC: Study Finds Padel Boasting Robust Growth
While much of the U.S. remains in its “initial phase” of development outside of Florida, the sport of padel has grown globally to a reported 35 million-plus players, supporting a year-over-year increase of 16.1 percent in clubs and 15.2 percent in courts.
EXEC: Analysts See Fiscal Q2 Beat for Nike but Debate Over Second-Half Recovery Persists
Several analysts expect Nike, Inc. to exceed guidance when the company reports fiscal second-quarter results on Thursday, December 18, but the larger investor concern is whether Nike will deliver upbeat or cautious guidance for the quarters ahead. Many analysts bullish on the stock are banking on a modest sales uptick and a stronger recovery in margins in Nike’s fiscal second half.
EXEC: Mips AB Expands Impact Protection Range with Koroyd Acquisition
The Sweden-based maker of helmet protection technologies has acquired all shares of the body and head impact protection brand Koroyd for €40 million ($46.9 million).
EXEC: Lululemon Shares Jump as Management Details Strategy to Revive U.S. Growth
While the news of the day was CEO Calvin McDonald’s pending departure at the close of the current fiscal year, Lululemon’s management team on the company’s third quarter analyst call detailed a comprehensive action plan backed by three pillars — Product Creation, Product Activation and Enterprise Efficiency — to revive growth in the U.S. marketplace.
EXEC: AlixPartners Sees Frugality Reigning in 2026
AlixPartners’ annual consumer outlook, study, based on a survey of over 13,000 consumers across nine countries, forecasts a sharp, accelerating pullback in global spending intentions in 2026, with the retrenchment highlighted by high-income consumers and China.
EXEC: Roots Delivers 6.8 Percent Growth in Q3
Toronto-based Roots reported sales grew 6.8 percent in the third quarter as same-store sales climbed 6.3 percent and wholesale revenues expanded 15.3 percent. Earnings were about flat in the period as increased marketing and hiring expenses offset the sales growth and higher gross margins.
EXEC: Academy Sports Gains Q3 Boost from Elevated Nike and Jordan Allocations
Academy Sports and Outdoors, Inc.’s earnings in the third quarter came in slightly ahead of analyst targets as improved allocations of Nike and Jordan products helped the nationwide retailer reach a greater number of high-income earners, offsetting continued pressure on lower-income customers.
EXEC: Outdoor Brands Chase Run Opportunity at The Running Event
The Running Event (TRE) held in San Antonio, TX, last week, drew an expanding crop of outdoor brands to the Switchback section of the trade show, with many seeking ways to drive growth in the hot run specialty channel. Executives at Salomon, The North Face, Keen, Teva, Lowa, Lems Shoes, La Sportiva and more shared their thoughts on the trade show and business conditions.
EXEC: The Running Event Showcases Running’s Growing Momentum; Comments from the Floor
The Running Event (TRE), which was held for the first time this week in San Antonio, TX, drew a record number of exhibitors, with crowded aisles and robust booth spaces, as the industry appears to have concluded another banner year.
EXEC: Fraser’s Chief Executive Says Ambitions Are High After Posting Solid H1 Results
In the UK, sales growth from Sports Direct and Flannels was said to be more than offset by planned declines in Game UK, Studio Retail, House of Fraser, and the businesses acquired from JD Sports. International revenue benefited from the acquisitions of Holdsport (May 2025) and XXL ASA (June 2025), partially offset by the disposal of the MySale business in May 2025.
EXEC: Nike and Lacoste Ads Banned in UK Over Green Claims
Nike advertisements, along with those from Superdry and Lacoste, have been banned in the U.K. for misleading consumers about the environmental sustainability credentials of the products.
TRE Session: Hoka Sales Fall at Run Specialty as Nike Rebounds and Topo Surges
Karnan Associates’ data, presented at The Running Event (TRE), showed that five of this year’s top-selling footwear brands in the run specialty channel were Brooks, Hoka, New Balance, Asics, and Saucony, respectively, down a collective 7.4 percent in the 12 months through September.
EXEC: SGB Black Friday Wrap Up Notes Overall Sales Boost From Robust Online Gains
Reports from Adobe, Mastercard SpendingPulse, RetailNext, Sensormatic, and Shopify found that Black Friday sales aligned with, or exceeded, expectations, as strength in online sales offset continued softness in in-store traffic on the major U.S. holiday shopping day.
EXEC: Dick’s Chairman Ed Stack Looks to Clean Out the “Garage of Underperforming Assets” at Foot Locker
Dick’s Sporting Goods Inc. on Thursday announced it will absorb pretax charges between $500 million and $750 million in future quarters to clear unproductive inventories and close an as-yet-undetermined number of stores at its recently-acquired Foot Locker business. On an analyst call, Ed Stack, Dick’s executive chairman, said, ”Our first priority is clear. We need to clean out the garage of underperforming assets.”
