|
Sporting Goods Industry News for February 03, 2026
Net income slipped 9% in the seasonally important final quarter to $93,167,000 from $102,557,000 as sales inched down 2% to $1,070,228,000 from $1,096,587,000 and declined 3% constant currency.
The Morehead City, NC-based outdoor, hunting, and fishing distributor said it expects little recovery for creditors after asset sales are completed, in a Ch. 7 filing in E. NC U.S. Bankruptcy Court.
The 50% levy on India is headed for a major reduction, according to social media posts from Pres. Trump and Indian PM Modi, in an agreement to cut Russian oil imports in exchange for lowering the reciprocal rate to 18% from 25% and removing the additional punitive 25% rate.
The Eager Beavertons are bringing back their All Conditions Gear sub-brand, with a sharp focus on trail running, hiking, and exploration, with a new line of trail-tuned footwear and outdoor apparel.
The Famous Footwear parent tapped 30-year luxury, fashion, and retail veteran Kristen Sosa as division president of its brand portfolio for New York brands, where she’ll be responsible for overseeing Stuart Weitzman, Allen Edmonds, Franco Sarto, Vince, Veronica Beard, and Favorite Daughter.
Green-grass golf participation surpassed 29 million in 2025, marking an eighth consecutive year of growth, and a net increase of roughly one million golfers year-over-year, according to NGF’s Graffis Report.
Catalyst Brands, which operates more than 200 stores of the iconic outdoor and casual apparel brand under license from Authentic Brands Group, may be headed toward bankruptcy, according to multiple reports.
|