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Sporting Goods Industry News for February 20, 2026

Supremes Reject Trump’s Reciprocal Tariffs

The Supreme Court struck down the majority of the Trump administration’s tariff slate in its long-awaited decision handed down Friday morning, though the ruling provided no guidance on a refund schedule, which will presumably be bounced back to the lower courts to adjudicate.

MDT Sporting Goods Acquires Lone Peak Arms and Leading Edge Machine

MDT, which makes precision rifle chassis systems and shooting accessories, added Lone Peak Arms and Leading Edge Machine for undisclosed terms.

GoPro Names New President

GPRO elevated its current EVP, CFO, and COO, Brian McGee, to president and COO, effective Mar. 17, reporting to founder, Chairman, and CEO Nick Woodman.

Adidas Investigates Third-Party Data Breach

The Big a is investigating a potential breach earlier this month at an independent Adidas licensing partner and distributor, exposing 815,000 rows of sensitive information from the company’s extranet.

Etcetera: Cascade Designs, Adidas, GEM Sports Supply, Newton Golf, Primary Arms Optics
 
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