On Opens First Stores in South Korea
On running opened its first two stores in Seoul, South Korea. The first is in the Hyundai Seoul department store, and the second is in the Lotte World Mall Jamsil. The decision to enter South Korea’s retail market is based on “sustained momentum in the AAC region.”
The Lycra Company Opens Largest Global Production Facility in China
The Lycra Company, manufacturer of fiber solutions for the apparel and personal care industries, has opened its largest spandex production plant — the Lycra fiber (Yinchuan) plant — in Ningxia Province, China, and its largest investment in the Chinese market.
Beachbody Co.’s Sales Tumble 41.4 Percent, Returns to Profitability
Beachbody Company (BODI) reported sales fell 41.4 percent in $59.9 million. However, the quarter marked the first time the fitness and nutrition company saw a profit since going public in 2021. EBITDA and sales also exceeded guidance.
JD Sports Fashion Appoints Tate & Lyle CFO as Non-Executive Director
Sarah Kuijlaars was appointed an independent non-executive director, to JD Sports Fashion’s board effective Monday, November 10. She also joins the retailer’s Audit and Risk Committee and Nomination Committee.
CityPickle Forms Long-Term License for Central Park Pickleball Courts
CityPickle has signed a 20-year licensing agreement to continue operating pickleball courts at Wollman Rink* in Central Park during the non-ice-skating seasons. The decision was made by the NYC Parks Department.
Macron’s Revenues Advance 8 Percent in Nine Months
The Italian sportswear brand reported that sales rose 8 percent to €188 million ($217 mm) in the first nine months of 2025. Sales in the U.S. rose from €3.8 million in the first nine months of 2024 to €9.9 million in the same period of 2025.
October Retail Sales Show Growth Ahead of Holidays
Total retail sales, excluding automobile dealers and gas stations, were up 0.6 percent seasonally adjusted month over month and up 5 percent unadjusted year-over-year in October, recovering from a decline in September, according to the CNBC/NRF Retail Monitor.
Perfect Moment Opens First Owned Retail Store
London-based Perfect Moment, Ltd. opened its first wholly owned retail store on November 5 in Verbier, the gateway to the 4 Vallées ski area destination in south-western Switzerland.
Footasylum Inks Distribution Partnership for DACH Region
Footasylum announced a new strategic partnership with Cologne-based Mad Agency to drive distribution and brand awareness across the DACH region (Germany, Austria, and Switzerland).
Saltwater Fishing Brands Combine Under New Entity
A group of investors led by Big Rock Sports Chairman Adrian Holler and Crystal Ridge Partners’ Jack Baron has formed Open Water Brands, a limited liability company that combines several saltwater fishing brands, including brands such as Clarkspoon, Sea Striker, Star Rods, Got-Cha, Calcutta, Billfisher, Krok, Beach Runner, Contour, and Nungesser.
Outdoor Holding Co. Returns to Profitability
The owner of GunBroker.com, the online marketplace, reported a profit against a loss in the fiscal second quarter ended September 30, due to lower expenses. Revenues were flat in the period.
Footlab World Opens First U.S. Location
Footlab World, the soccer franchise, owned by Cristiano Ronaldo and Rui Costa, will open its first U.S. location in a 165,000-square-foot, five-acre venue in Orange County, CA, in partnership with Stake Investors in early 2026.
Fastbreak AI Raises $40 Million in Series A Funding
The Charlotte, NC-based AI-driven sports operations software company provides scheduling solutions for professional sports leagues, calculating schedules and fixtures for U.S. leagues (NBA, NHL, AFL, Serie A, MLS) and over 55 leagues worldwide. The new funding to continue developing products for the professional market while expanding its investment in youth and amateur sports technology.
Trigon Sports Acquires Proper Pitch
Trigon Sports, based in Memphis, TN, announced the acquisition of Proper Pitch, Inc., the U.S. manufacturer of pitching mounds and baseball training aids headquartered in Fuquay-Varina, NC.
Industry Nine Appoints Chief Executive Officer
Dustin Adams replaces Clint Spiegel, founder and owner of the maker of hubs, wheelsets and other bike components. Adams was the CEO of We Are One Composites. His new role was officially announced company-wide on October 23, 2025.
