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Sporting Goods Industry News for May 28, 2026
Activewear brands FLX and Tek Gear received a call-out for helping drive a +6% private-label comp in Q1, as four of six categories comped flat or slightly positive amid the company’s turnaround efforts.
Revenue was up 10% at the luxury sneaker brand to €173.2 million for Q1, led by a 19% boost to direct-to-consumer sales on double-digit comp gains and new store contributions, along with strong digital results.
Sales at the Gap, Inc.-owned women’s active brand fell 12% in the first quarter to $270 million from $308 million, lapping a 6% drop in Q1 ‘25 and following an 11% decline in the prior quarter.
The sports apparel maker warned that its net income attributable to shareholders will decline around 30% to about HKD 152.5 million ($19.5 mm) for the year ended Mar. 31, down from HKD 217.2 million.
The Rehub Circular Technology Center is a new outdoor gear repair and advanced manufacturing facility opened at College of the Rockies’ Gold Creek Campus in Cranbrook, BC.
National Park recreational visits dropped 4% year-over-year last month to 25,910,844 from 26,920,131, but year-to-date visits are just positive at 79,629,454 against 79,193,538.
The outdoor brand said in a press release that it could not reach a settlement with social media personality and drag queen, Wyn Wiley, whom it accused of infringing on its multi-colored P6 logo and marks with their Pattie Gonia brand.
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