Adidas Group revenues increased 10 percent on a currency-neutral basis in the second quarter ended June 30, driven by double-digit sales increases in Wholesale and Retail. All regions contributed to the currency-neutral revenue growth, despite the rapidly
Author: Charlie Lunan
Head NV’s Diving Sales Resurface in Second Quarter
Head NV reported sales were up 2.5 percent in the first quarter ended June 30, driven primarily by a rebound in its Diving business. The Dutch company reported Diving sales increased 8.1 percent, Sportswear 4.5 percent, Winter Sports 1.7 percent and Racqu
FGL Sports Sustains Impressive Comps Growth in Q2
FGL Sports saw retail sales increase 13.7 percent and same store sales grow 8.2 percent in the second quarter compared with the same period last year. The growth reflected strong growth across key categories and banners, including Sport Chek, where same-s
Mizuno Reports Fiscal Q1 Sales Declined in Currency Neutral Terms
Mizuno Corp. reported revenue in its first quarter ended June 30 reached ¥46.1 billion ($451 mm), up 1.9 percent compared with the same period in the previous fiscal year as running offset a poor golf performance. Operating profits were down 20.1 percent.
Callaway Golf Launches Stock Buy Back Program
Callaway Golf Company’s board of directors authorized a plan to spend $50 million buying back its common stock, which has fallen about 10 percent since the company reported second quarter results…
Sequential Brands Grows Second Quarter Revenues
Sequential Brands Group, Inc., which expects to add Avia, AND1 and Nevados to its brand portfolio by year end, reported revenue of approximately $7.0 million for the second quarter ended June 30, compared to approximately $4.3 million in the prior year qu
Europe’s IBDs, US Mass Merchants Drive Growth at Dorel Bike Segment
Dorel Industries reported organic sales at its bike business are up 15 percent year-to-date thanks to strong European demand for its Cannondale and other premium bikes and strong sales to mass merchants in North America. Company executives are looking to
Evolv Lands New Investor, Grants Sharma Equity
Evolv Sports & Designs has landed an equity investment from the same investment group that owns Royal Robbins. Evolv also granted an equity stake to profession rock climber Chris Sharma, who has helped design the company's climbing shoes…
OIA Crowns Winners of First Reinvent Retail Contest
TREW Gear, The Outdoor Source, and Gear to Go Outfitters were named the winners of the first Reinvent Retail Innovation Contest by Outdoor Industry Association…
NSGA Opens Nominations for 2015 All-Star Awards
The National Sporting Goods Association has opened the nomination process for its 2015 All-Star Awards. The fourth annual All-Star Awards will recognize the most outstanding accomplishments and contributions made within the Sporting Goods Industry…
E-Commerce Guru to Keynote SFIA Summit
Noted eCommerce authority Keith Anderson (Vice President, Strategy & Insights, Profitero, Inc.) will deliver the retail keynote at the 2014 SFIA Industry Leaders Summit. The Summit, presented by Electronic Transaction Systems (ETS) Corp., will be held Sep
Smith Selected as Vail Resorts Eyewear and Helmet Partner
Smith has been selected as the official and exclusive eyewear and helmet partner of Vail Resorts…
Arc’Teryx Leases Retail Space in Minneapolis
Arc’teryx, which recently announced plans to launch its first line of footwear, has leased space for a store in uptown Minneapolis for what would be its second brand store on U.S. soil, according to reports by local media…
Hibbett Sports Lowers FY 2015 Earnings Estimate
Hibbett Sports Inc. lowered its earnings forecast for fiscal 2015 by roughly 5 percent Thursday based on preliminary estimates of results for the 13-week period ended Aug. 2…
CODI Agrees to Acquire Environmental Services Firm
Compass Diversified Holdings will not reinvest proceeds from its recent sales of Fox Factory stock into another outdoor lifestyle brand. The company announced Thursday that its next acquisition will be an environmental services company…
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