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Sporting Goods Industry News for October 27, 2026
After years of malaise, Shimano’s bike component sales drove 13% revenue growth in the third quarter to ¥128,189 million ($805.2 mm) from ¥113,611 million, but net income inched down 1% to ¥12,072 million ($75.8 mm) from ¥12,144 million.
Continuing its recent run of success, RCKY net income jumped 78% in Q3 to $12,848,000 from $7,212,000, while revenue rose 13% to $138,814,000 from $122,540,000, driven by broad-based demand.
Two and a half years after its acquisition by FitLab, the performance equipment and apparel brand now faces Chapter 11 in the DE U.S. Bankruptcy Court after its parent’s chief restructuring officer filed Form 201s on Monday for FitLab, RPM, and 23 other subsidiaries.
The Italian glove maker has inked an agreement to acquire Level Gloves as Reusch aims to scale and grow the brand by double digits.
The ratings agency left GSM Outdoors’ B3 corporate family rating, B3 rating on the upsized senior secured first lien term loan, and stable outlook unchanged, including its proposed $100 million incremental term loan.
Henrik Bunge, who has led Swedish sportswear brand Björn Borg for the past 12 years, will take charge of the Stockholm-based golf and lifestyle apparel brand on April 1, 2027.
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