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Peter Millar Partners With USGA

Peter Millar Partners With USGA

The USGA and Peter Millar signed a partnership agreement designating Peter Millar the Official Outfitter of the USGA and supporting partner of the U.S. Open Championship. Peter Millar hired industry veteran Patrick Kiely as vice president, Strategic Partnerships & Corporate Sales, to support the partnership and oversee the day-to-day operations with the USGA team. (Read More)

EXEC: JD Sports North American Operations Stung By Supply Shortages In Half

EXEC: JD Sports North American Operations Stung By Supply Shortages In Half

JD Sports reported earnings before tax and exceptional items declined 46.9 percent in the first half of its North America operations, which include Finish Line, Shoe Palace, DTLR, and JD locations. The company attributed the decrease to the lack of fiscal stimulus that boosted year-ago results and the supply shortage from major international brands. (Read More)

EXEC: Columbia Sportswear Sets Ambitious Three-Year Growth Targets

EXEC: Columbia Sportswear Sets Ambitious Three-Year Growth Targets

In its first Investor Day in its 84-year history, Columbia Sportswear Co. outlined a broad strategy to increase sales by 9 percent to 11 percent and EPS by 12 percent to 15 percent on a Compound Annual Growth Rate (CAGR ) from 2022 to 2025. The gains are expected to be led by footwear, international expansion and digital sales growth. (Read More)

Columbia Sportswear Sets Three-Year Growth Targets

Columbia Sportswear Sets Three-Year Growth Targets

Columbia Sportswear Company introduced its three-year financial targets aimed for a 9 perdent to 11 percent organic sales growth and 12 percent to 15 percent EPS growth on a compound annual growth rate (CAGR) basis from 2022 to 2025.  The targets were announced ahead of its first Investor Day, scheduled for September 22, at its headquarters in Portland, OR. (Read More)

EXEC: Outdoor Participation Holding Onto Pandemic-Influenced Gains

EXEC: Outdoor Participation Holding Onto Pandemic-Influenced Gains

Outdoor participation has proven sticky as participation grew in 2021, according to the Outdoor Foundation's recently released 2022 Outdoor Participation Trends Report, which showed that outdoor participants increased by 6.9 percent since the pandemic began in early 2020, with the number of new and returning (lapsed) outdoor participants up 26 percent. (Read More)

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