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Sporting Goods Industry News for February 11, 2026

Mips’ Sales Flattened by ForEx

The Swedish helmet technology company’s Q4 revenues were up just 2% on a reported basis to SEK 147 million ($15.0 mm) from SEK 144 million due to the strong Krona, but soared 18% in local currencies.

Eddie Bauer Heads to Early Auction, Will Close HQ

The outdoor retailer’s bankrupt store operations will be auctioned off as a going concern or in pieces on Mar. 6, the NJ bankruptcy court ordered, setting a quick timeline for the process.

Bangladesh Tariffs Cut to 19%

The White House reached a trade deal with the important garment manufacturing country, lowering its levy to 19% and allowing tariff-free imports on certain clothing and textile goods made from U.S.-produced cotton and synthetic fibers.

Sporting Goods Sales Extend Gains in Dec.

The Commerce Dept. said sporting goods/hobby/book and music store adjusted sales improved 6.0% in Dec. to $8,379 million from $7,901 million and were up 0.4% sequentially, as it catches up from the government shutdown.

Grundéns Taps Andrew Gritzbaugh as CEO

The 100-year-old Swedish fishing apparel and footwear brand hired Gritzbaugh as its new chief executive officer, effective immediately.

Johnnie-O Names New President

The apparel brand elevated Matt Ferrer to president, where he’ll oversee the commercial side of the business, including brand, marketing, product, and sales across channels.

Alabama Outdoor Retailer Changes Hands

Mark’s Outdoors, a hunting and fishing retailer located in the Vestavia Hills suburb of Birmingham, AL, has been acquired by Day 21 LLC from the founding Whitlock family.

Etcetera: Designer Brands, Lululemon, Fleet Feet, Wiley X, Ahead, Reebok, Nike
 
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