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Sporting Goods Industry News for June 02, 2026
The outdoor retailer’s red ink totaled $21,848,000 in Q1, compared with a loss of $21,254,000 a year ago, as sales increased 3% to $256,078,000 from $249,103,000 in the seasonally slow quarter, with same-store sales growing 2.1%.
The four-time NBA Champion ended six months on the endorsement deal bench this week as Li-Ning and Curry announced that they have inked an agreement, making the Chinese sportswear giant Brand Curry’s new home.
The Taiwanese exercise equipment maker’s bottom line cratered 91% to TWD 23.9 million ($0.8 mm) down from TWD 276.3 million, despite sales that improved 11% to TWD 11,791.9 million ($372.0 mm) against TWD 10,609.5 million.
The Japanese sportswear company’s venture arm will host a pitch competition on Oct. 22 in Ann Arbor, MI, for startups in the wearables, retail technology, digital spaces, or wellness space.
The Swiss outdoor gear maker elevated Jeff Pratt to vice president of sales, and named Steve Drew as sales director, North America, as it aims to bolster N.A. operations.
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