Adidas Signs Wyoming
Adidas reached an agreement to become the official athletic footwear, apparel and accessory for the University of Wyoming.
Amer Sports’ Q1 Boosted By DTC, China And Arc’teryx
Amer Sports’ operating earnings before charges rose 14 percent in the first quarter, boosted by robust growth across its DTC channels and in China as well as strong momentum for Arc’teryx, Precor and Sunto.
Amer Sports Q1 Earnings Pick Up
Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.
Commission On College Basketball Urges Sweeping Reforms By NCAA
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 Opens Store In Rolla, MO
Academy Sports + Outdoors opened the company’s first store in Rolla, MO.
Running Participation Declines Expected To Level Off
With race participation slipping in recent years, a big American win and the gnarly conditions at the Boston Marathon shined a much-needed spotlight on the sport of running. Yet race organizers and running industry execs still believe a renewed focus on delivering unique experiences will be necessary to again drive up race finishers.
Under Armour Signs Northeastern University
Under Armour Inc. will become the official outfitter of the Northeastern University Huskies beginning with the 2018-19 academic year.
Li-Ning’s Comps Climb Double-Digits In Q1
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’s Q3 Earnings Tumble
Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.
Arne Arens Joins The Conservation Alliance Board Of Directors
The Conservation Alliance welcomed Arne Arens, global brand president of The North Face, to its board of directors. Arens fills the seat vacated by the untimely passing of Ann Krcik, who represented The North Face on the board for three years.
Boardriders Completes Billabong Acquisition
Boardriders, Inc., the owner of Quiksilver, Roxy and DC Shoes, announced that it has completed the acquisition of Billabong International Limited.
Puma Prepares To Shift Production From China Over Tariff Concerns
While delivering robust first-quarter results and lifting its outlook for the year, Bjørn Gulden, CEO of Puma SE, spent the majority of the company’s quarterly conference call with journalists discussing the potential negative impact of tariffs on China.
Zion Armstrong To Replace Mark King As President, Adidas North America
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.
Puma’s Americas’ Sales Climb Double-Digits In Q1
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 Acquires Rock/Creek Outfitters
Camping World has acquired Rock/Creek Outfitters, based in Chattanooga, TN, according to multiple reports.
