Noble Biomaterials Inc. established a strategic alliance with Anta Sports Products Limited, China’s largest sportswear brand, based in Fujian.
Author: Charlie Lunan
Lenzing to Spend €100M Expanding Capacity
The Lenzing Group said it will invest more than €100 million over the next 20 months to expand production capacities for its wood-based specialty fibers, which are used by many outdoor and athletic apparel brands.
Dorel’s IBD Unit Names US GM, Supply Chain Chief
Cycling Sports Group, which owns Cannondale, named a new supply chain chief and a general manager for its U.S. independent bicycle dealer channel.
Nearsourcing Hits Black Diamond’s Margins Again
Black Diamond’s decision to repatriate manufacturing of carabiners, cams and other climbing hardgoods from China to Salt Lake City is costing it dearly.
Amer Sports Bolsters Americas Marketing Team
Amer Sports, which owns the Salomon, Atomic and Suunto outdoor brands, bolstered its marketing team in the Americas with two hires and new assignment for four others.
Patagonia Implementing New Wool Standard
Patagonia released details of a proprietary standard for sourcing wool that it said exceeds some aspects of the Responsible Wool Standard released at the Outdoor Show in Germany last month.
Black Diamond Adjusted Loss Up Slightly in Q2
Black Diamond Inc. reported adjusted net loss from continuing operations rose 13.6 percent in the second quarter on flattish currency-neutral (c-n) growth.
Pou Sheng to Begin Reporting in RMB
Pou Sheng International Holdings Limited will begin presenting its financial results in the remnimbi (RMB) rather than the dollar to eliminate distortions cause by currency translation.
Mountain Lab Hires Lindsey Clark
The Mountain Lab, a brand consultancy focused on the active lifestyle space, has added Lindsey Clark as the newest member of its team.
RECALL: 20 Stubai Ice Axes
Liberty Mountain recalled about 20 Stubai ice axes because the knife in the axe handle can detach and pose a laceration or impact hazard to the user or bystanders.
North America Propels Columbia Sportswear In Q2
Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.
Jarden Outdoor’s Organic Sales Flattish in Q2
Newell Brands Inc.’s reported organic sales at the former Jarden Outdoor Solutions segment grew a mere 0.5 percent in the second quarter with growth in Pure Fishing largely offset by weather related declines at winter sensitive businesses such as K2 Sports, Volkl and Marker.
West Marine Q2 Saved by E-commerce
West Marine, Inc. (Nasdaq:WMAR) reported net revenues dipped 0.6 percent in the second quarter ended July 2 despite growing comparable stores sales 1.1 percent thanks to torrid e-commerce growth.
Amer Sports Wages Through A Tough Q2
Amer Sports lost only €14.7 million during the second quarter ended June 30 despite company closings in the sporting goods industry.
West Marine’s Sales Dip, Despite Positive Comps
The retailer posted 1.1 percent comps growth thanks to robust online sales and growth in softgoods, fishing gear and paddle sports in the second quarter.
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