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Sporting Goods Industry News for August 12, 2026
Helly Hansen sales increased 6% on a pro forma basis to $106,811,000 for the second quarter as it begins to lap Kontoor Brands’ acquisition last June, and Q2 profit tallied $1,877,000.
Net income attributable to shareholders plummeted 58% to $71,998,000 in the first half from $171,190,000 last year, on revenue that was down 2% to $3,972,282,000 from $4,060,148,000, coming in toward the high end of guidance.
While decelerating from the brand’s record 23% growth pace in Q1, Brooks Running’s global sales improved in Q2 and were up 14% for the year through June: +9% in the Americas, +39% in EMEA, and +10% in Asia-Pacific.
The resale marketplace said that Saucony sales have grown 239% on the platform for the first half of 2026, displacing Asics, which is now the fourth-largest sneaker brand on StockX after a rapid rise over the past two years.
The bike maker is officially bankrupt, the Amsterdam District Court ruled, escalating from last week’s insolvency protection and making liquidation a more likely final outcome.
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