Adorama Inc., parent company of Leisure Pro, the number one store for scuba diving and snorkeling equipment, announced the acquisition of Scuba.com, adding to its watersports equipment portfolio.
Author: SGB Media
Fitbit Posts Steep Loss In Q3
Fitbit, which on November 1 said it agreed to be acquired by Google, reported a net loss of $51.9 million in the third quarter against a loss of $2.1 million a year ago. Sales were down 11.8 percent.
October M&A Roundup: Nike, Kathmandu, JackRabbit And More
October was another busy month for M&A in the active lifestyle space, with footwear and apparel giant Nike Inc., outdoor retailer and gear brand Kathmandu Holdings Ltd., and sporting goods chain JackRabbit all pulling the trigger on market-shifting deals.
Adidas AG Sees Currency-Neutral Growth Of 6 Percent In Q3
Adidas AG reported net income from continuing operations decreases 2 percent, as expected, in the third quarter as revenues grew 6 percent on a currency-neutral basis. The outlook for the full-year was confirmed with expectations for significant top-line acceleration expected in Q4.
HanesBrands Adds Distribution Partner In South Korea To Open Champion Brand Stores
HanesBrands expects to significantly increase the number of Champion points of distribution, including stores and online, in South Korea starting in 2020
Crocs Opens Distribution Center In Dayton, Ohio
Crocs Inc. announced the official opening of its new distribution center in Dayton, OH. The new 550,000 square foot facility will serve as the distribution center for the company’s operations in the United States and Canada.
Nike Signs Amanda Anisimova
Nike signed Amanda Anisimova, the American tennis player, to an endorsement contract that may be among the largest ever signed by a teenager, according to the New York Post.
Jackson Adventures Consolidates Multiple Outdoor Brands
Jackson Adventures is now the main corporate brand representing Jackson Kayak, Orion Coolers, Orion Kennels and Blue Sky Boatworks. The consolidation is aimed at simplifying 10 years of new product entries, four separate brand infrastructures and the beginning of new offerings from all divisions.
Firearms Background Checks Climb Again In October
Firearms background checks, as adjusted by the NSSF, reached 1,105,335 in October against 1,005,062 in October 2018, a gain of 10.0 percent.
Danner Opens New Store In Seattle
Danner opened its sixth and latest retail store at 1524 First Avenue downtown Seattle, WA.
Bogs Sales Climb 12 Percent In Q3
Weyco Group reported sales for the Bogs outdoor footwear brand grew 12 percent in the third quarter. Overall sales gained 5 percent as gains at Bogs and Florsheim offset declines at Stacy Adams and Nunn Bush.
Adidas Partners With International Space Station
Adidas announced its multi-year partnership with the International Space Station (ISS) U.S. National Laboratory, managed by the Center for the Advancement of Science in Space – CASIS, to explore the boundaries of product innovation, human performance and sustainability.
The National Lacrosse League Renews Partnership With Under Armour
The National Lacrosse League (NLL) has renewed its partnership with Team 22, the exclusive manufacturer of Under Armour Lacrosse equipment. Team 22 will continue to distribute lacrosse equipment to NLL players.
Mizuno Partners With The Australian Paralympic Team For Tokyo 2020
Mizuno has been named as the ‘Official sport shoe supplier of the 2020 Australian Paralympic Team’. This partnership is a first for the brand in Australia and will see them fit out over 400 athletes and staff with their uniform shoe.
HitTrax And Amanda Chidester Join Forces Through 2020 Olympics
HitTrax, the system for baseball and softball training and entertainment, signed reigning NPF Offensive Player of the Year, Amanda Chidester (‘Chiddy’), as an ambassador.