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I belive this term originated in Cornwall, UK. It shares the same sort of meaning as dogs bollocks. So if something is really cool its sports wear.

Has been known to be used as a code word for cocaine.
1.'I just bought a sportswear mp3 player'

2. You: "Mate have you seen my new phone?"
Your mate: 'Cawww thats sports wear that is'
by T C February 04, 2005
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Sep 11 Word of the Day
when you're hungover as shit after a spending a night drunk as a skunk
I'm hungover as a duck let's go get some grub
by pokeythepony June 25, 2021
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