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Sporting Goods Industry News for September 02, 2026

Helly Hansen Aims for $1.1 Billion in Revenue by 2030

The outdoor performance brand is aiming for a 10% revenue CAGR in a new five-year plan laid out during its first investor day under Kontoor Brands ownership, targeting $1.1 billion in revenue for 2030 while boosting profitability on a three-pronged focus of “supercharge the U.S.,” “win in premium outdoor,” and “power workwear.”

Tilly’s Guides for Full-year Profit after Strong Q2

Net income soared 165% in the second quarter to $8,381,000 from $3,165,000 as TLYS operating momentum continued, with revenues 8% higher at $163,508,000 against $151,256,000 and blended comps up 12.1%.

G-III Apparel’s Sports and Lifestyle Segment Gains in Q2

Starter and Converse apparel are starting to scale, and Levi’s was also a highlight in the second quarter for GIII, with meaningful expansion, CEO Morris Goldfarb reported.

Oura Builds Out Board in Advance of IPO

The Finnish smart ring maker named four tech industry veterans to its board of directors as it finalizes its preparations for a highly anticipated IPO as soon as later this month.

NICS Checks Continue Upward Trend in August

NSSF’s adjusted NICS FBI background checks improved 2.2% to 1,115,410 in August from 1,091,342, marking the sixth consecutive month of growth. Year-to-date checks are up by 3.7%.

LA’s CAPE Seizes $10 Million Worth of Products

Los Angeles’ Counterfeit and Piracy Enforcement Team unearthed around 25,898 counterfeit Nike, Adidas, and other branded streetwear items during an inspection, with a retail value of more than $10 million.

Etcetera: Fjallraven, Nike, Toni Sailer, Fanatics, L.L.Bean
 
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