After Nike reported another quarter of struggles in the PRC earlier this week, the Chinese news outlet Sina reported that the Eager Beavertons may be planning to comprehensively reshape their operating model in the market.

Ben Francis, the Gymshark founder and CEO, is reportedly holding discussions with General Atlantic to buy back a portion of the 21% stake he sold to the PE firm in 2020, according to the Financial Times.

There were five sporting goods brands on NRF’s 2026 Top 100 Global Retailers list, compiled by Kantar Retail, based on U.S. retail sales the previous year.

The Swedish helmet technology company has agreed to pay $3.2 million to BrainGuard Technologies to settle patent infringement claims brought against Revelyst and its helmet brands.