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Sporting Goods Industry News for August 31, 2026

High School Sports Participation Increased 2% Last Year

High school sports participation continued its post-pandemic momentum last school year with a fifth consecutive increase to a record 8,415,684 participants, up 2% over the prior year, according to the annual NFHS High School Athletics Participation Survey.

Symphony Holdings Trims Loss

Net loss narrowed at the diversified brand owner, retailer, and real estate company to HK$ 9,980,000 ($1.3 mm) in the first half from a loss of HK$ 13,322,000 on revenue that improved 17% to HK$ 173,089,000 ($22.1 mm) against HK$ 148,229,000.

Reima’s North American DTC Lifts Q2 Top Line

The Finnish kids’ outdoor and activewear company grew sales 14% to €11,101,000 ($12.9 mm) from €9,734,000 in the second quarter with a net loss of €7,430,000 against an €18,161,000 profit last year that included an eight-digit windfall from renegotiated loan terms.

Nordic Outdoor Group Adds Bios and iFish

Nordic Outdoor Group AS has signed an agreement to acquire the Swedish sport-fishing and outdoor company Bios Aktiebolag, owner of the iFish brand, for undisclosed terms.

Nike Taps Kristin Bauer as Converse Chief Operating Officer

The former Foot Locker chief supply chain officer will oversee operations at Nike’s struggling legacy sneaker brand, reporting to EVP and COO Venky Alagirisamy.

Lululemon and Amazon Sue Counterfeiters

LULU and AMZN filed suit in a WA district court, accusing several online sellers of infringing the Lululemon trademark by selling counterfeit Everywhere belt bags.

Scheels Opens Huge New Flagship

The employee-owned retail chain grand opened a new store in Cedar Park, TX, bringing its U.S. fleet to 35 locations across 16 states and adding its second store in the Lone Star State.

Etcetera: On, Super Retail Group, Mount to Coast
 
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