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Sporting Goods Industry News for June 25, 2026
The net loss narrowed to $381,000 from a loss of $989,000 in the final fiscal quarter ended Apr. 30, but revenues tumbled 24% to $47,059,000 from $61,942,000, with last year’s number including about $10 million in orders accelerated to avoid tariffs.
An early read on Back-to-School 2026 trends found children increasingly influencing purchase decisions, clothing and footwear leading category spending, and e-commerce gaining a large share this year, according to a new survey from PwC.
The ratings agency elevated AS’ senior secured revolving credit facility to Baa3 from Ba1, lauding the company’s recent debt repayment funded with proceeds from equity issuance.
Beginning in the 2027/2028 season, the Utes will no longer sport UA on their uniforms, as the University of Utah has signed a new seven-year deal with The Big a.
FL-based Plastimold Products has inked an agreement to acquire CAA USA, which makes tactical firearm kits, consolidating the two companies’ manufacturing, engineering, and customer support under one umbrella.
The 5.11, Boa, Primaloft, and Velocity Outdoor parent will be entitled to 35% of the proceeds from bankrupt Lugano’s inventory, tax refunds, and its precious-stone theft insurance policy, it revealed in an SEC filing.
Three entities that own the sneaker and skate e-commerce business and two brick-and-mortar stores in CO filed for bankruptcy protection in federal court there, aiming to reorganize and continue operating, while shedding debts.
Carina and Rambo is recalling about 500 pairs of Raychy unisex children’s light sneakers because the lithium coin batteries can be easily accessed, posing an ingestion hazard.
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