Amer Sports Grows Q2 Sales 6 Percent
Amer Sports grew net sales 6 percent in currency-neutral terms in the second quarter despite taking a big hit at Wilson due to U.S. retail bankruptcies.
Adidas Lifts Guidance Again on Strong Sales
Adidas AG increased its full-year forecast for a fourth time this year after receiving boosts from the Euro 2016 tournament and a payment to bring an early close to a sponsorship deal with England’s Chelsea soccer club.
Cabela’s Q2 Profits Miss Street Targets
Cabela’s Inc. reported earnings adjusted for special items rose 1.7 percent but were two cents short of Wall Street’s consensus target.
Downlite Expands Down Supply in Europe and Asia
Downlite, a major down and feather processor, announced it is expanding its RDS supply chain in both Europe and Asia on July 27, 2016.
Moncler’s Americas Sales Up 20 Percent in 1H
Moncler S.P.A. reported its revenues grew 23 percent to €52.5 million in the Americas in the first half, thanks in part to the opening of two new stores.
Nike Lowering LeBron James Sneaker Price
Nike reportedly is reducing the price of LeBron James’ Nike signature sneakers. The upcoming LeBron 14 shoe will sell for $175, down from the $200 price tag for the LeBron 13.
Millet Mountain Group Sales Up in First Half
The Millet Mountain Group of outdoor apparel brands increased sales by 11.0 percent in the first half of the year, but expect a decline in preseason orders to drag down year results.
Kohl’s Confirms Under Armour’s Arrival
Kohl’s confirmed that it plans to start selling Under Armour for the first time starting in early 2017.
Puma Gets Boost From Euro Cup in Q2
Puma SE delivered another round of robust results in the second quarter, gaining a boost from a solid performance of its teams at the UEFA Euro 2016 as well as traction gained around its women’s initiatives, led by Rihanna. For the fourth straight quarter, however, the sizeable gains weren’t enough for the company to raise […]
Reebok Collaborates With Tristan Eaton on Yoga Apparel
Reebok has teamed up with artist Tristan Eaton to create a street-art-inspired yoga apparel collection. Tristan Eaton is a designer, graffiti artist, street muralist, illustrator and toy designer. His work has been featured on walls and billboards, including a mural at Reebok’s Headquarters in Canton, MA. Reebok has recently been partnering with studio artists to […]
Rachel Paquette Named Honorary President, Ultra-Trail Harricana
The Ultra-Trail Harricana of Canada (UTHC), presented by The North Face, introduced Rachel Paquette as this year’s honorary president.
Gildan Activewear Q2 Sales Miss Mark, Lower Guidance
Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.
SFIA Buffs Leaders Summit with Cavaliers CEO and U.S. Secretary of Labor
The Sports & Fitness Industry Association (SFIA) added keynote speakers Len Komoroski, Cleveland Cavaliers and Quicken Loans Arena CEO, and Thomas E. Perez, United States Secretary of Labor for its 2016 Industry Leaders Summit.
Russell Wilson and Neiman Marcus Partner for Menswear Brand
Good Man Brand, a menswear collection, is set to launch in August at Neiman Marcus in five stores and online.
Gildan Activewear to Acquire Peds Legwear for $55M
Gildan Activewear Inc. signed a definitive agreement to acquire Peds Legwear Inc. for $55 million, officials announced July 27.
