Cotopaxi, a certified B Corp., announced its Do Good Ambassadors—a group of mentors, humanitarians, environmentalists, creators, and community leaders. “These ambassadors are an extension of Cotopaxi’s brand and mission to harness the power of adventure to make the world a better place,” said Cotopaxi. (Ambassador bios were provided by Cotopaxi in a release.) “Surfer, veteran, […]
Author: SGB Media
Inside The Call: Deckers Brands Sees In-Transit Inventory Levels Double At Year-End
Deckers Brands management pointed to execution on their long-term strategy including driving Hoka growth, diversifying Ugg into a year-round brand, building DTC, and developing the international market, as drivers for a strong fiscal third-quarter performance that outpaced Wall Street expectations.
SHRED. Debuts New Lens Tech Developed With MIT Sports Lab At Beijing Olympics
SHRED. announced it will debut its lens technology—Contrast Boosting Lens 2.0—and provide its athletes with its latest innovation for competition in the Beijing Olympics. “This lens technology has been five years in the making, and we are extremely proud and excited for the launch to happen when it counts the most,” explained SHRED Co-founder, Chairman […]
Adidas To Sponsor NYCRUNS Brooklyn Marathon
NYCRUNS, the organizer of the 2022 NYCRUNS Brooklyn Marathon and Half Marathon, announced that Adidas has joined as the Official Footwear and Apparel Partner for the event, scheduled to be held in Brooklyn, NY, on April 24. With an expected field of more than 20,000 runners, the 2022 race could rank as one of the […]
Inside the Call: Columbia Sees Mid-Teens Growth In 2022 After Solid Q4 Sales And Earnings Beat
Columbia Sportswear exceeded its own fourth-quarter outlook, primarily driven by its direct-to-consumer (DTC) brick & mortar and e-commerce businesses even as wholesale shipments fell short of expectations. Fourth-quarter EPS of $2.39 per share came in well ahead of Wall Street’s consensus estimate of $1.79 and sales for the quarter beat Wall Street’s consensus estimate of $1.07 billion.
Johnson Outdoors Reports 7 Percent Q1 Revenue Decline
Johnson Outdoors reported sales in the fiscal first quarter ending December 31 declined 7 percent to $153.5 million compared to the prior year’s record-high first fiscal quarter. The quarter’s net sales are 20 percent above the pre-pandemic December 2019 quarter’s net sales.
Asics Ventures Invests In Real-Time Sports Analysis Applications
Asics Corporation announced that its investment subsidiary, Asics Ventures Corp., has invested in Edge Limited (RUN.EDGE), a provider of real-time sports video analysis applications, including FL-UX, Pitchbase and Taguru.
Foot Solutions Acquires Happy Feet Plus
Foot Solutions Inc. announced the acquisition of the Florida-based retailer Happy Feet Plus, Inc.
GoPro’s Q4 Revenues Expand 8 Percent
Profits at GoPro Inc. increased 8.2 percent in the fourth quarter on a 9 percent revenue gain.
Deckers Brands Raises Full-Year Guidance
Deckers Brands raised its outlook for its fiscal year ended March 31 after reporting third-quarter earnings topped Wall Street estimates. Sales were in line with estimates. Ugg’s sales in the third quarter increased 7.9 percent while Hoka One One’s grew 30.3 percent.
Skechers Announces Record Fourth Quarter And Annual Sales
Skechers USA, Inc. reported earnings nearly doubled year-over-year in the fourth quarter and came in well ahead of Wall Street’s estimates. Sales in the quarter grew 24.4 percent, driven by increases of 30 percent in both its International Wholesale and direct-to-consumer businesses and 5 percent in Domestic Wholesale.
Arc’teryx Names Chief Financial Officer
Arc’teryx announced that Chris Tham was appointed its Chief Financial Officer, a newly-created role, reporting to CEO Stuart Haselden, effective February 21.
Columbia Sportswear’s Q4 Earnings Run Past Wall Street Targets
Columbia Sportswear Company reported fourth-quarter earnings came in far ahead of Wall Street’s estimates. Sales grew 23 percent to finish the full year ahead 25 percent. Columbia officials predicted sales growth for 2022 in the range of 16 to 18 percent and its board approved a 15 percent dividend increase.
Bouldering Project Acquires Three Brooklyn Boulders Gyms
Bouldering Project, based in Seattle, WA, has acquired three gym spaces in Brooklyn, Boston and D.C., formerly run by Brooklyn Boulders.
Reebok’s Global Creative Director To Exit
Kerby Jean-Raymond, the Pyer Moss founder and vice president of creative direction for Reebok, announced he is leaving the company effective March 1.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal