Puma SE Q1 Profits Hurt by Europe Slowdown

Puma SE reported that consolidated first quarter sales increased 6.1 percent to €820.9 million ($1.08 bn) despite a low-single-digit decline in the EMEA region. Currency-neutral sales rose 4.2 percent. Overall gross margin declined 120 basis points

Michael McGuinn Passes Away

Michael McGuinn, the former SVP of softgoods merchandising at Sports Authority, passed away on Saturday after a long battle with cancer. McGuinn, who joined Sports Authority in 1999 after a long career in the department stores business, retired from the

TaylorMade-Adidas Golf to Acquire Adams Golf

The adidas Group and Adams Golf, Inc. has announced that the TaylorMade-adidas Golf business segment has entered into a definitive agreement to acquire all of the outstanding shares of Adams Golf for $10.80 per share in cash. The transaction value is appr

Native Eyewear Launches New Odyssey Series

Native Eyewear is launching the new Odyssey Series™ sunglasses featuring five new styles, new N3™ lens technology and co-injected molding frames in addition to the core Native features: venting, polarization and interchangeable lenses…