Adidas’ Q1 Earnings Climb 17 Percent

Adidas reported a 17 percent rise in first-quarter net profit as double-digit growth in China compensated for weakness in Europe and North America. E-commerce revenue gained 40 percent

Newell Brands’ Home & Outdoor Living Sees Q1 Sales Slump

Newell Brands reported its Home & Outdoor Living segment generated net sales of $627 million compared with $670 million in the prior year period, a decline of 6.4 percent. Core sales declined 2.9 percent, largely driven by lost distribution for Coleman at a key U.S. retailer and declines in the remaining home fragrance retail stores.

NSAA Honors Best In Ski Industry

The National Ski Areas Association (NSAA) presented awards in sustainability, safety, growth and marketing to members with the most innovative and successful programs in each category. The awards were presented May 1 at the association’s National Convention and Tradeshow in San Diego, CA.

5.11 Tactical, Velocity Outdoor Shine For CODI In Mixed Q1

The two consumer brands in Compass Diversified Holdings’ portfolio that focus on the sportsmans categories—5.11 Tactical and Velocity Outdoor—were the only assets to show substantial pro forma net sales gains in the first quarter compared to the year-ago period.

How Yeti Is Executing On Strategic Goals

Yeti Holdings Inc. executives laid out aggressive growth strategies and ambitious benchmarks earlier this year at the ICR Conference in Orlando, FL, and the company’s first-quarter earnings report, released Thursday morning, shows it is on the right path to achieving them.

Jen Harned Exits Bell/Giro

Vista Outdoor has confirmed that Jen Harned, president and general manager of the Bell and Giro,  has left the company, according to Bicycle Retailer.

K-Swiss Sold To Xtep International

China-based sports brand Xtep International Holdings Ltd announced plans to acquire E-Land Footwear USA Holdings Inc., the parent of K-Swiss, for $260 million in an all-cash deal, according to Reuters.

Champion Drives HanesBrands’ Q1 Gains

HanesBrands Inc. reported net sales in the first quarter increased 8 percent on strength of 10 percent constant-currency organic growth, including global Champion constant-currency sales growth of 75 percent.

Yakima Partners With Brothers & Company

Leading recreation brand taps outdoor enthusiast agency for creative and PR. Brothers & Company announced today that it has been selected by Yakima, a global leader in vehicle racks and cargo solutions, as an agency partner for PR and marketing services. Brothers & Company will engage in consumer and trade media relations, influencer marketing, event […]

Yeti’s Q1 Revenues Expand 15 Percent

Yeti Holdings Inc. reported significant improvement in earnings on an adjusted basis in the first quarter ended March 31 as gross margins expanded 700 basis points and revenues grew 15 percent. The company lifted its guidance for the year.