Mizuno Corp. reported revenues in the nine months ended December 31 declined 3.9 percent. Sales in the Americas grew 8.6 percent.
Author: SGB Media
Core Health & Fitness Secures Investment
Gainline Capital Partners announced that it has made an investment in Core Health & Fitness, the manufacturer of commercial fitness equipment manufacturing. Core’s current senior management team, led by founder, chairman and CEO Michael Bruno, will remain in place.
Genesco Announces New Corporate Headquarters
Genesco Inc., the parent of Journeys, announced plans for its new corporate headquarters in Nashville, TN.
Nike Releases Fiscal 2019 Impact Report
Nike Inc released its latest Impact Report covering its fiscal year 2019. The report details the progress the company is making to reach its diversity & inclusion, community and sustainability targets for 2020.
Garmin Secures Naming Rights For Kansas City Marathon
Garmin International Inc. has secured exclusive naming rights and title sponsorship of The Kansas City Marathon.
Brooks Sports Sues Brooks Brothers For Trademark Infringement
Brooks Sports Inc. filed a lawsuit against Brooks Brothers Group Inc. in federal court for breach of contract, unfair competition and trademark infringement.
CamelBak Expands Leadership Team With Key Marketing Hire
CamelBak, the manufacturer of personal hydration products, welcomes Natasha Schroth as the brand’s director of marketing.
Coronavirus Hitting Callaway’s Supply Side
Like any manufacturer with suppliers in China, Callaway Golf Co. is reeling from the coronavirus. The company lowered its outlook for 2020 because the coronavirus should have a negative impact of $25 million on sales into China and $13 million on EBITDA for the year, company officials told analysts on Monday afternoon’s earnings call.
Under Armour Misses Q4 Targets And Delivers Weak Outlook
Under Armour Inc. reported an unexpected fourth-quarter loss and missed Wall Street estimates for its revenues. The company also warned of soft 2020 results and said it’s considering another massive restructuring initiative to rebalance its cost base.
Peak Design Achieves B Corporation Certification
Peak Design, a leader in crowdfunding and manufacturer of everyday carry solutions, achieved Certified B Corporation (B Corp) status. The rigorous certification process verifies that Peak Design considers social and environmental impact in all business decisions, promotes consumer transparency and is accountable to employees and partners within their supply chain. Peak Design is committed to […]
Safilo Group Acquires Privé Revaux
Safilo Group announced the acquisition of a 61.34 percent equity interest in the Miami-based company Privé Revaux, which sells sunglasses and reading glasses co-branded through collaborations with the influential and famous.
TIA Partners With Association Management Company, Bostrom
The Tennis Industry Association (TIA) announce that as of February 8, 2020, Bostrom has been named TIA’s management company.
Michael Avenatti Won’t Testify At Nike-Extortion Trial
Michael Avenatti chose Monday not to take the stand in his own defense as the New York trial over his alleged extortion of Nike comes to a close.
Equinox Secures New Funding
Equinox Holdings Inc., the luxury gym operator and majority owner of SoulCycle, has secured new funding from tech-focused private equity firm Silver Lake. The funds will be used to build Equinox’s digital platform and add as many as 50 locations annually,
Jack Wolfskin Addition Fuels Callaway’s Record Quarter For Revenue
Callaway Golf Co. on Monday reported adjusted earnings per share loss for the fiscal fourth quarter of (26) cents, missing Wall Street’s targets by 3 cents. Q4 revenue $312 million, a new record for the company, reflects the acquisition of Jack Wolfskin in January 2019, which contributed $81 million in net sales during the period.
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