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Sporting Goods Industry News for July 16, 2026
Frasers Group’s net profit soared 28% to £376.2 million ($507.9 mm) from £293.0 million for the fiscal year ended Apr. 26, with revenue increasing 9% to £5,325.9 million ($7,190.0 mm) over £4,900.9 million on international retail gains.
The Swedish helmet technology company’s net income more than doubled in the second quarter to SEK 68 million ($7.4 mm) from SEK 32 million, as revenues skyrocketed 72% to SEK 232 million ($25.4 mm) from SEK 135 million, and would have been up 42% in constant currency.
The footwear maker’s top line grew just 1% to $449.3 million in the second quarter, down slightly sequentially, and ended the first half with a nearly 2% increase to $786.7 million against $775.0 million.
Sporting goods, hobby, music, and bookstore adjusted sales surged 15.2% year over year last month to $9,071 million from $7,875 million, the Commerce Dept. reported, and increased 1.3% sequentially from May.
The French textile recycling startup completed a $30 million Series A funding round led by Ecotechnologies 2, with participation from Lululemon and the European Innovation Council.
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