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Sporting Goods Industry News for October 23, 2026
Sales growth in weighted local currencies accelerated in 2025 to a 7% pace in SGI’s compilation of the world’s largest sporting goods retailers from just 2% the year before, totaling $154,449 million in aggregate revenue from $142,663 million.
The Chinese sportswear brand reported that retail sell-through was down mid-single digits in the third quarter for the core Xtep brand, including both brick-and-mortar and e-commerce channels.
The sports apparel maker cautioned that its net income attributable to shareholders will decline around 40% to 45% to about HKD 116.5 million ($14.9 mm) from HKD 204.5 million for the fiscal first half ended Sep. 30.
The Sweden-based sports business advisory firm will launch an International Pavilion Program at Outdoor Retailer next Aug., aimed at connecting foreign finished-good brands with U.S. retail buyers.
The maker of lighting for outdoor sports, bicycles, and powersports promoted VP of sales and marketing Drew Engelmann to president, reporting to founder and CEO Tom Carroll.
A slew of team dealers, including Riddell, Rex Team Sports, Sports Center, Hibbett, and Varsity Brands and its subsidiary BSN, were hit with a proposed class action in MS district court brought by Hancock County School District, accusing the defendants of conspiring together to fix prices.
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