Yue Yuen Industrial (Holdings) Limited reported revenues expanded 2.9 percent in April, to $877.9 million from $853.3 million.
Author: SGB Media
Academy Sports Opens Store In Gastonia, NC
Academy Sports + Outdoors opened its first store in Gastonia, NC, located at 3580 E Franklin Blvd. This marks Academy’s 6th Charlotte metropolitan area store.
Short-Term Issues Force Callaway To Lower Jack Wolfskin Expectations
Market softness in the key markets of Central Europe and China along with foreign exchange headwinds prompted Callaway Golf Co. to lower its 2019 EBITDA expectations for Jack Wolfskin, the German-based outdoor apparel and gear brand that Callaway recently acquired.
Why Vista Outdoor Is Recommitting To Its Bell/Giro Business
Almost one year to the day that Vista Outdoor Inc. announced plans to sell its Bell/Giro business, the company took the bike protection segment off the selling block and committed to “rebuilding those brands with a fresh perspective,” said CEO Chris Metz, who shared some of the reasons why the company had a change of heart.
Aisle Talk Week Of May 6
Top headlines from the active lifestyle industry you may have missed this week, including the announcement that Darrell Denny, EVP at Emerald Expositions who oversees Outdoor Retailer, is leaving the company, effective May 24.
Emerald Expositions’ Darrell Denny Exits
Darrell Denny, EVP at Emerald Expositions who oversees Outdoor Retailer, is leaving the company, effective May 24.
U.S. Hikes Tariffs On Chinese Imports
The U.S. increased tariffs on $200 billion of Chinese goods to 25 percent Friday hours after trade talks held in Washington failed to produce a breakthrough. President Trump has also threatened to impose additional levies on virtually everything China exports to the U.S. as punishment for what he said was Beijing’s attempt to “renegotiate” a trade deal.
Acushnet Remains Bullish As Golf Industry Perks Up
The golf industry has been uplifted in recent weeks thanks to the start of spring, Tiger Woods’ win at the Masters and some upbeat participation reports. Despite reporting a mixed first quarter, Acushnet Holdings Corp., the parent of Titleist and FootJoy, is also bullish on the sport’s fortunes for these reasons and more.
Under Armour Opens New Omni Distribution House
Under Armour officially opened the doors to its new state-of-the-art Omni Distribution House (ODH). ODH is a 1.3 million square foot distribution and warehouse facility, located in Sparrows Point in Baltimore County, MD.
Callaway Raises Full-Year EPS Guidance On Record Revenue
Callaway Golf Co. on Thursday increased its earnings per share guidance for the first half and full-year 2019 after posting record revenue in the first quarter. The company’s net sales increased $113 million (28 percent) to $516 million, and adjusted EBITDA increased $4 million (4 percent) to $93 million.
Kahunaverse Sports Group Acquires Soccer Express
Kahunaverse Sports Group, one of Canada’s largest providers of institutional and team sporting equipment, apparel and accessories, has acquired Soccer Express Trading Corp.
Golf Town Opens Pop-Up Stores In Kamloops And Lethbridge
Golf Town, based in Toronto, is opening two “pop-up” stores in key Western Canadian markets, Kamloops, BC, and Lethbridge, AB.,
Xceed Acquires Peaks Apparel
Xceed, the custom activewear brand based in Mexico City, announced plans to rapidly expand its brand through the acquisition of U.S.-based Peaks Apparel.
As Headwinds Mount, Is Camping World Making The Right Moves?
Headwinds continue to batter Camping World Holdings Inc., with such factors as a soft RV market, tough comps with 2018, operational restructuring and even a lawsuit taking a toll on the company. Is Camping World making the right moves in response?
GoPro’s Q1 Revenues Climb 20 Percent
GoPro Inc.’s revenues topped Wall Street’s targets, driven by strong demand for its new range of cheaper action cameras from flagship brand Hero. The loss in the period was also slightly better than Wall Street’s targets.
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