The athletic apparel industry is exploding right now, but Dick’s Sporting Goods stock isn’t going through the roof like Nike’s and Under Armour’s are.

December E-mini S&Ps (ESZ14 -0.38%) this morning are down -0.40% and European stocks are down -1.12% on German economic concerns after German Aug industrial production fell more than expected by the most in 5-1/2 years.

Sporting goods retailer Hibbett Sports Inc. (HIBB - Analyst Report), managed to post better-than-expected bottom-line results for second-quarter fiscal 2015 despite reduced margins due to higher markdowns and increased input as well as operating costs.

December E-mini S&Ps (ESZ14 -0.33%) this morning are down -0.25% and European stocks are down -1.22% after a gauge of European manufacturing activity weakened more than expected to its slowest pace in 14 months.

September E-mini S&Ps (ESU14 +0.07%) this morning are up +0.02% and European stocks are down -0.26%. The EU's second package of economic sanctions against Russia was put on hold for a "few days" to allow for more time to assess the viability of a cease-fire and a peace plan in Ukraine.

Whether competitive or simply for fun, the sports industry is huge. In fact, the global market is expected to reach $303 billion by 2015.