North America region net sales increased 8.8 percent to ¥114.62 billion due to the strong sales of the Performance Running and Core Performance Sports categories. Segment income increased significantly to ¥1.44 billion. North America sales to decline 3 percent in 2024.
Author: SGB Media
Vulcan Becomes Official Ball of The Picklr
The Vulcan ball will be used across Picklr club initiatives, including leagues, tournaments and clinics, and will be sold exclusively at all Picklr locations and pro shops.
Shein to Expand U.S. Presence with Seattle-Area Office
The company anticipates hiring over 50 employees in logistics and distribution to work from the new space by the end of 2024.
Aetrex FW24 Line Builds off Ballet Shoe Momentum
“Customers love the glove-like fit of the upper and the cushioned feel underfoot of this shoe, so it was a natural next step to extend this construction into other wearable, on-trend styles.” —Amy Egelja, VP Footwear Design, Aetrex
EXEC: Under Armour CEO Sees Less Promotional, More Premium Online Presence
UA now expects revenue in North America to be down at a high-single-digit rate versus the previous expectation of a 5 to 7 percent decline, and turning to the International business that is now seen to be down at a high-single-digit rate versus the previous low-double-digit rate increase.
EXEC: Fledgling Activewear Brand Has a Less Than Perfect Moment in IPO Effort
Perfect Moment, whose PMNT ticker symbol would be better for a Buy Now, Pay Later company than an active apparel company, fell throughout the day after Thursday’s debut, close down 13.3 percent to $5.20 at the close.
Alfa Romeo x Greats Drop Ltd-Edition Sneaker Ahead of the Big Game
Alfa Romeo teams up with luxury sneaker brand Greats, launching a limited-edition Alfa Romeo-branded sport sneaker ahead of the Super Bowl weekend in Las Vegas.
MasterCraft Narrows Full-Year Guidance as Boat Market Outlook Weakens
The decrease in net sales was reportedly due to lower unit volume and an increase in dealer incentives, partially offset by higher prices and favorable mix and options.
EXEC: Mizuno Corp. Raises FY Forecast Despite Lower Fiscal Q3 Growth
Sales grew 11.0 percent in the fiscal third quarter ended December 31, a deceleration from the 23.8 percent growth in the first half, but the solid start to the year and surging profitability is driving the outlook higher.
EXEC: Mips Sees Bike Helmet Market Starting to Recover
The Swedish helmet technology provider saw sales declines moderate quite a bit in the fourth quarter as the company sees the bicycle helmet category was posting growth again but upside there could not overcome the sharp decline in the motorcycle business.
Outreach Sales Services Adds Regional Manager
Derek LaBarr joins the company as a regional manager for the independent channel, working with retailers in Oklahoma, Kansas, Nebraska, and Colorado.
Wilson To Drop First 3D-Printed Basketball That Never Needs Inflating
“Wilson has gone where no brand has gone before with the release of the Airless Gen1 basketball, further inspiring the next generation of sports innovation.” —Kevin Murphy, General Manager, Team Sports, Wilson.
The Buckle Posts a 17 Percent Comp Store Sales Decline for January
Comparable store net sales for the 53-week period full-year period ended February 3, 2024, decreased 8.0 percent from comparable store net sales for the 53-week period ended February 4, 2023.
Tractor Supply Comps Down 4.2 Percent in Q4 as Net Income Declines
Fourth quarter net sales decreased 8.6 percent to $3.66 billion, compared to $4.01 billion in the fourth quarter of 2022. The company said the prior year’s fourth quarter included an extra sales week as part of the company’s 53-week calendar in 2022
FedEx delivers the Vince Lombardi Trophy to Las Vegas ahead of Super Bowl LVIII
Fans in the Las Vegas area can view the trophy up close at the Super Bowl Experience Presented by Toyota through February 10 at the Mandalay Bay Convention Center.
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