EXEC: Amer Sports Continues to Lean Heavily on Asia Growth and DTC to Deliver the Big Numbers
Under Armour Splits with Stephen Curry; Raises FY Adjusted Operating Income Outlook
StockX Q3 Report Calls Out Running Silhouettes as Top Performers on Resale Site
EXEC: Goldwin’s Q2 Boosted by The North Face Recovery
EXEC: Mizuno’s Fiscal Q2 Sales Climb 7 Percent, Americas Sees Slight Decline Despite Golf Momentum
SGB Update
Study: Sporting Goods Shoppers Prefer Multi-brand Retail
The National Sporting Goods Association (NSGA) released the findings from its Shopper Playbook Study, which found that 79 percent of those surveyed favor shopping at multi-brand sporting goods stores when buying sporting equipment over those retailers that offer only one brand.
Foot Locker No Longer Moving HQ to Florida
Foot Locker will no longer move its headquarters to St. Petersburg, Florida after it was acquired by Dick’s Sporting Goods in September.
Nike Reopens Downtown Portland Store with Run Focus
Nike, Inc. reopened its downtown Portland store in the historic Kress Building, following a refurbishment. The revamped layout focuses on running, with flooring that resembles track lanes.
ICSC Sees Uptick in Thanksgiving Weekend Spending
ICSC’s 2025 Thanksgiving Weekend Intentions Survey found that consumers expect to spend an average of $542 over the five-day period, November 27-31, up 2.5 percent from $529 last year. Millennials are expected to outspend all other generations, with an average spend of $764 per person.
Nike Ends Perk Giving Employees One Week Off For Wellness
Nike, Inc. has ended a program that gave employees an extra week off each year to promote mental health and wellness. Nike’s annual “Wellness Week,” which began in 2021, has been held each August.
SGB Executive
EXEC: Amer Sports Continues to Lean Heavily on Asia Growth and DTC to Deliver the Big Numbers
The parent company of Arc’teryx, Peak Performance, Salomon, Atomic, and Wilson Sports, reported that strong momentum continued in the 2025 third quarter, led by exceptional Salomon footwear growth, a re-acceleration int the Arc’teryx omni-comp rate, and solid growth from Wilson Tennis 360. All trends were led by Asia growth.
EXEC: Analysts Generally Positive on Under Armour’s Split from Steph Curry
While some analysts view Under Armour as facing reputational risk from its decision to end its partnership with four-time NBA champion Steph Curry, most believe the move will favorably reduce its exposure to the flagging footwear category and help the brand refocus on its core apparel business.
EXEC: Nike Earns Stock Upgrade from Wells Fargo on Improving Visibility
Wells Fargo upgraded its rating on Nike to “Overweight” from “Equal weight” and its price target to $75 from $60. Wells Fargo analyst Ike Boruchow cited reduced headwinds from Classics footwear franchises (Air Force 1, Air Jordan and Dunk) and an uptick in growth in non-Classic footwear styles as part of the reason for the upgrade.
EXEC: Asia Footwear Factories See Larger Sequential Declines in October
Feng Tay Enterprises, one of the longest-tenured producers of Nike footwear, saw Manufacturing revenues decline 2.3 percent year-over-year in October, while Outdoor and athletic footwear maker Yue Yuen factory output declined 7.7 percent y/y for the month.
EXEC: Asics Lifts FY EPS Outlook After Robust Q3 Results; North America Profitability Jumps
Asics Corp. raised its earnings forecast for the year after reporting earnings in the third quarter jumped 44.0 percent on a 21.3 percent sales gain, driven by SportStyle and Onitsuka Tiger categories. Operating profits in the Americas region increased by 28.2 percent, driven by 5.7 percent sales growth.
