|
Sporting Goods Industry News for February 04, 2026
Net loss narrowed 15% to $9,706,000 from a loss of $11,392,000 for the fiscal second quarter ended Dec. 28, as sales declined 13% to $121,368,000 from $138,880,000, with demand for all categories hurt by tariffs and macro uncertainties.
S&P Global revised its view of Next Level parent, YS Garments, after cutting it to D last week, raising its issuer credit rating and rating on its first-lien debt to CCC, but with a negative outlook.
Anta Sports will open its first U.S. store in Beverly Hills on Feb. 13, serving as the foundation for future brand expansion, partnerships, and consumer engagement nationwide.
The 37-year-old, 17-door women-focused athletic and outdoor retailer is rebranding to better align with its core demographic in outdoor adventure and performance apparel.
NSSF’s adjusted NICS checks fell 0.7% to 1,198,879 to start 2026 compared to 1,207,557 a year ago, but NFA checks increased 121.2% to 206,871 in what the trade association is calling “the year of the suppressor.”
The Equal Employment Opportunity Commission filed a motion in MO federal court seeking enforcement of a subpoena for information regarding Nike’s alleged race-based workforce representation quotas.
Under Dog was hit with another proposed class action in MD district court, accusing it of failing to adequately protect private information in a Nov. cyberattack.
Etcetera: Smith, Gymshark, Shoes That Fit, Silent Steel, Rumpl, Vallon, Enve, Roark, Maxfli, Nike, On, Under Armour
|