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Sporting Goods Industry News for April 01, 2026
Total sports equipment, apparel, and athletic footwear sales for 2025 tallied just shy of $130.0 billion, up 3.7% year-over-year and 34.7% over 2020 results, according to the Sports & Fitness Industry Association’s 2026 Manufacturers’ Sales by Category Report.
Net loss narrowed at the diversified brand owner, retailer, and real estate company to HK$35,729,000 ($4.6 mm) for the fiscal year ended Dec. 31 from a loss of HK$145,108,000 on revenue that was flat at HK$308,750,000 ($39.6 mm) against HK$307,561,000.
The ratings agency revised the Wrangler and Lee parent’s rating to stable from negative and affirmed its BB issuer credit rating following its June 2025 acquisition of Helly Hansen and repaying $225 million of debt in the second half.
After acquiring Wattbike in mid 2025 and Ergatta last month, Austin, TX-based TRNR is guiding for consolidated 2026 revenues of at least $30 million, including about $10 million from the connected rowing brand.
The 12-door Quebec-based outdoor retailer is now owned by president and CEO Isabelle Lemay, VP and CFO Stefania Cella, and VP Marketing Catherine Venne, backed by the Fonds de solidarité FTQ.
Sporting goods/hobby/book and music store adjusted sales jumped 11.3% in Feb., the Commerce Dept. reported, tallying $8,528 million compared to $7,660 million and increasing 1.3% sequentially from Jan.’s strong result.
Targeting $100 million in annual revenues, the Japanese sportswear giant is accelerating investment in Indonesia, according to a Nikkei Asia interview with Asics president Mitsuyuki Tominaga.
The Lulunatics scored another victory against the Eager Beavertons, as a NY district judge canceled all claims related to Nike’s Flyknit patent no. 8,266,749, which covers various aspects of knitted textile uppers.
The sneaker and apparel resale platform, which also operates Flight Club and Grailed, is expanding downmarket with a new, everyday footwear-focused site using its sneakers.com domain.
The textile-to-textile regeneration company will receive €135 million from the Netherlands’ Nationale Investeringsregeling Klimaatprojecten Industrie (NIKI) program to build out its Regeneration Hub at Chemelot Industrial Park in Sittard-Geleen.
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