Columbia Sportswear Co. reported that net income grew 25 percent to $45.1 million on 12 percent revenue surge in the first quarter, beating analysts’ estimates.
Adidas has appointed Zion Armstrong as president of Adidas North America, effective July 1, 2018. Armstrong succeeds Mark King, who has decided to step down. Armstrong has co-led Adidas North America as general manager together with King since June 2015.
Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in the company’s Outdoor segment helped offset currency headwinds.
The International Trade Commission awarded protection for Boulder, CO-based NIte Ize’s Steelie product line with a general exclusion order that prevents infringing products from entering the U.S.
Yeti Coolers has cut ties with the NRA Foundation, the NRA announced. Yeti called the organization an “outdated” discount program and asserted the NRA-ILA’s statement criticizing the company is incorrect.
Puma reported sales grew 15.6 percent on a currency-neutral basis in the Americas region in the first quarter. Overall sales on a currency-neutral basis climbed 21.5 percent.
Camping World has acquired Rock/Creek Outfitters, based in Chattanooga, TN, according to multiple reports.
Perry Ellis International announced the board of directors has extended the window in which the company must receive proper written notice of the nomination of a director candidate in connection with the company’s 2018 annual meeting of shareholders to May 18, 2018.
Columbia Sportswear Co. announced the appointment of Snow Burns to serve as global vice president of marketing for the Mountain Hardwear brand.
Newell Brands agreed to add three independent directors to the company’s board, ending a months-long proxy fight with activist investor Starboard Value LP.
NuMat Technologies, an advanced materials startup focused on programmable nanomaterials, has received an investment from Tin Shed Ventures, Patagonia’s strategic investment arm.
Adidas reached an agreement to become the official athletic footwear, apparel and accessory for the University of Wyoming.
The Commission on College Basketball, chaired by former Secretary of State Condoleezza Rice, unveiled a wide range of recommendations to overhaul college basketball, including ending the one-and-done rule, potential lifetime bans for rule-breakers and changes to the relationship between the NCAA and apparel companies.
Academy Sports + Outdoors opened the company’s first store in Rolla, MO.
Under Armour Inc. will become the official outfitter of the Northeastern University Huskies beginning with the 2018-19 academic year.
Li-Ning reported same-store sales registered a low-teens increase on a year-on-year basis in the first quarter ended March 31.
Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges.
The Conservation Alliance welcomed Arne Arens, global brand president of The North Face, to the company’s board of directors.
Boardriders Inc., the owner of Quiksilver, Roxy and DC Shoes, announced that the company has completed the acquisition of Billabong International Limited.
Prairie View A&M University and Adidas announced a new multiyear partnership in which Adidas will be the official athletic footwear, apparel and accessory brand of the Panthers.
Planalytics estimated the cold early spring extracted $1.4 billion in sales from DIY stores and $425 million from clothing stores versus the prior year.
The North Face has partnered with the National Park Foundation. One dollar ($1) from each product in the Bottle Source collection will go back to the parks through the NPF to support sustainability projects.
Adidas and Reebok have again topped the Fashion Revolution’s Fashion Transparency Index, a ranking of global brands’ social and environmental transparency and practices.
For the second time in three years, Tom Brady started and ended the season No. 1 on the NFL Players Association Top 50 Player Sales List.
Genesco Inc., the parent of Journeys and Lids, announced that the company has entered into an agreement with an activist shareholder group that will result in the company adding two independent board directors.
Boot Barn Holdings Inc. acquired certain assets of Lone Star Western & Casual LLC, an individually-owned retail company with three stores in Waxahachie, Corsicana and Athens, TX.
Nike Inc.’s Converse brand has appointed Sophie Bambuck to the role of chief marketing officer, replacing Julien Cahn, who left the brand in February to lead marketing at Supreme.
Puma and Fossil Group Inc. have signed a global license partnership agreement for the design, development and distribution of Puma watches and wearables until 2028.
Rocky Brands Inc. reported first quarter net income of $3.3 million, or 44 cents per diluted share, up more than double from the company’s net income of $1.5 million, or 20 cents per diluted share, in the first quarter of 2017.
Tecnica Outdoor has hired additional reps hired for the company’s Tecnica Forge collection, a line of thermo-moldable hiking boots.
MIPS and POC have agreed on a settlement with respect to ongoing legal proceedings.
SylvanSport has named Craig McAnsh as vice president of marketing. McAnsh will lead all branding, marketing, advertising and communications for SylvanSport as the company looks to grow across North America and globally.
Helen of Troy Ltd. reported sales in the company’s Housewares segment, which includes Hydro Flask and OXO, jumped 13.4 percent in the company’s fourth quarter ended February 28.
Osprey Packs announced the hiring of Jack Gresmer as bike sales manager.
Gander Outdoors, formerly known as Gander Mountain, set grand opening events for new stores in Greensburg, PA and Saginaw, MI.
Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain. The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.
Camping World Holdings Inc. will open new SuperCenters in Baxter, MN, and Eau Claire, WI, by first quarter 2019.
Safilo Group S.p.A. shareholders approved the company’s 2017 financial statement, the appointment of Angelo Trocchia as CEO and a new board of directors at Tuesday’s shareholders meeting.
Hunting and archery brands Primos Hunting, Gold Tip and Bee Stinger have named industry veteran Jason Harris vice president of sales and entered into a strategic partnership with sales representation firm Ken Jefferies and Associates.
