Canada Goose reported earnings rose 24.5 percent in the second quarter ended September 29 as sales grew 27.7 percent. Both earnings and sales topped Wall Street’s targets. The outerwear maker maintained its guidance for the year.
Author: SGB Media
Wilson Partners With French Tennis Federation
The French Tennis Federation (FFT) and Wilson Sporting Goods entered into a new five-year partnership for Roland-Garros and the FFT.
Iconix Q3 Revenues Fall
Iconix Brand Group Inc. reported revenues slumped 23.2 percent in the third quarter although operating earnings improved.
Camping World Sees Used RV Sales As Logical Path Forward
As Camping World Holdings Inc. pivots away from outdoor retail and as the recreational vehicle market continues to sputter, the Lincolnshire, IL-based company sees the sale of used RVs as a logical path forward for the business, according to Chairman and CEO Marcus Lemonis.
Famous Footwear Opens Newest Flagship Store In New York City
Caleres announced the opening of a new Famous Footwear flagship store at 34th Street and Broadway in New York City on Friday, November 15. This will be the largest of the company’s 32 New York metro area stores.
Supreme Court Allows Sandy Hook Families’ Case Against Remington Arms To Proceed
The US Supreme Court on Tuesday declined to hear an appeal on a lawsuit against Remington Arms Co, effectively allowing the families of victims of the 2012 Sandy Hook Elementary School shooting in Newtown, CT, to sue Remington.
Descente Mountain Americas To Shift To Distributor Format
Descente Mountain Americas in a letter to dealers indicated it will not take orders for 2020/21, and Descente Ltd will be pursuing a distributor format for the future in North America.
GoPro Predicts Blockbuster Holiday For Hero8 Black And Max
GoPro, as expected, reported dismal third-quarter results in part due to production delays but management forecast a robust fourth quarter due to strong early reads on the Hero8 Black and Max cameras. Said Nicholas Woodman, CEO, on a conference call with analysts, “Simply put all signs indicate Hero8 Black and Max are unquestionable hits”
Bonafide Kayaks, Big Adventures Join Forces In Merger
Native Watercraft and Liquidlogic Kayaks, together with Bonafide Kayaks, announced the merger of their businesses. Bonafide Kayaks founder Luther Cifers will serve the combined business as president.
FishAmerica Foundation Awards Four Habitat Improvement Grants
The FishAmerica Foundation, in conjunction with the Brunswick Public Foundation, has selected four grassroots organizations that are working to improve water quality and aquatic habitat for funding under this cooperative partnership.
Outside Magazine’s 50 Best Places to Work In 2019 Released
Ergodyne, Lone Cone, Avid4 Adventure, CampMinder, SportRx, First Descents, Skullcandy and Powder7 landed on Outside Magazine’s 50 Best Places to Work in 2019. Backbone Media, Gu Energy, Nuun, Stio and Toad&Co were among the honorable mentions.
Topgolf Announces Major Expansion in Asia Through Franchise Partnership
Topgolf Entertainment Group continues its global expansion by entering into a franchise agreement with Sports Entertainment Asia, H.K. Limited (SEAL) with plans to open venues in Greater China (comprising Mainland China, Hong Kong, Macau and Taiwan) and the Philippines.
Survey Finds Esports Growth Brings Investment Surge and Expanding Revenue Sources
With esports revenues and viewership mounting, industry insiders believe the market is poised for continued growth as investors increasingly jump in, revenue sources evolve and technology rapidly advances. That’s according to the second annual Esports Survey of more than 200 executives conducted by law firm Foley & Lardner LLP and The Esports Observer.
Adidas Partners With Prada
The Italian luxury-goods house, Prada and Adidas have joined forces to start a new collaborative journey.
Volcom To Become Official Apparel Partner Of U.S. Snowboarding Team
Volcom signed an agreement to become the official apparel sponsor of the U.S. Snowboard team. Volcom will replace Burton.
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