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Sporting Goods Industry News for May 26, 2026
Strong participation trends combined with the 2026 World Cup are creating perfect conditions to grow the sport this year, SFIA opined in its Soccer Spotlight: 2026 U.S. Participation Trends, Insights & Growth Drivers report.
Net loss was ¥2,164 million ($13.8 mm), compared with a profit of ¥971 million for Xebio’s fiscal year ended Mar. 31, on sales that inched up 1% to ¥252,331 million ($1,608.4 mm) from ¥250,603 million.
The Rebel Sport parent was hit with a suit in Australian Federal Court on behalf of thousands of its managers who claim they were underpaid and forced to work for free, AAP first reported.
Wenzhou Zehui Clothing Co., which primarily makes medical and healthcare apparel, is suing Skechers in CA district court, asking for a declaratory judgment of non-infringement.
Big Foot will pay a $148,000 civil fine to settle a Securities and Exchange Commission charge that its separation agreements from 2020 to 2024 limited former employees’ whistleblower rights.
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