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Sporting Goods Industry News for October 15, 2026
The Swoosh continued to hold its number-one footwear and apparel spots but is still bleeding mindshare with teens, though gains are largely stabilizing among ascendant brands, according to Piper Sandler and DECA’s Fall 2026 Taking Stock with Teens.
The Japanese retailer’s bottom line swung to a ¥860 million ($8.9 mm) loss from last year’s ¥11 million profit for the fiscal year ended Aug. 31, as sales ticked up 1% to ¥61,099 million ($629.4 mm) from ¥60,447 million.
Increasing pressure on consumer finances remains a common theme in Holiday 2026 forecasting, with the National Retail Federation now expecting core retail sales up 4.2% over ‘25 for the Nov. 1-Dec. 31 window.
The ratings agency upgraded Beach Acquisition Co. Parent LLC’s (dba Skechers) corporate family rating to B1 from B2 and its senior unsecured notes rating to B3 from Caa1, highlighting Skechers’ strong operational performance and progress in implementing its cost-savings program.
Third-quarter revenues rose 1% to $396.7 million from $391.6 million at the high-end sneaker and footwear maker, helped by pulled-forward production for a casual customer preparing to phase out its Philippines factory in July.
After last week’s announcement of a new Kästle Advisory Board chaired by industry veteran Scott Mellin, the company issued a public reassurance that CEO Markus Weeger still has the support of ownership.
Lululemon moved to reorganize its fabric development team and laid off seven employees in Aug., according to a report in Bloomberg.
HatsanUSA is recalling about 16,170 Blitz and Blitz 777 air rifles because they can fire unexpectedly when releasing the bolt before the air rifle is fully cocked.
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