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Sporting Goods Industry News for November 03, 2026
Running led footwear sales gains in Q3, with 10% dollar growth and higher units, according to Circana data, while overall footwear sales were flat, with units down in the mid-single digits.
The Norwegian outdoor performance wool apparel brand announced it has acquired Finnish sock manufacturer Sukkamestarit, expanding its base- and mid-layer portfolio into performance woolen socks.
Authentic Brands closed its acquisition of the iconic denim brand from Kontoor Brands for up to $1 billion, including an initial transaction value of $750 million and a $250 million performance-based earn-out.
NSSF’s adjusted NICS FBI background checks jumped 7.9% to 1,402,422 in the seasonally important month of Oct. from 1,299,312, the eighth month to show growth in 2026, which is up 3.6% year to date.
LULU faces a new proposed class-action lawsuit in a New Jersey district court, filed by investor Karol Koronczi against the company, CFO Meghan Frank, and president and CCO André Maestrini.
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