Gildan Activewear reported sales in the second quarter rose 225 percent over last year and were down approximately 7 percent from record second-quarter 2019 sales. Earnings topped Wall Street’s targets. The gains came despite supply chain constraints.
Author: SGB Media

Crocs Announces Commencement Of Offering Of $350 Million Senior Notes
Crocs Inc. announced the commencement of a $350 million offering of senior notes due 2031 in a private offering.

Escalade Reports 19.3 Percent Q2 Sales Gain
Escalade Inc. announced its second quarter results for 2021, ended July 10, 2021. The company posted quarterly revenue of $99.7 million, an increase of 19.3 percent over prior year, posting another record for its second fiscal quarter. Quarterly earnings were down slightly.

Yeti’s Revenues Leap 45 Percent In Second Quarter
Yeti Holdings Inc. raised its outlook for the year after reporting revenues jumped 45 percent in the second quarter due to strong DTC gains. Adjusted net income increased 68 percent in the period.

Acushnet Sees Sales Double In Second Quarter
Acushnet Holdings Corp., the parent of Titleist and Footjoy, lifted its 2021 earnings and sales guidance after reporting sales surged 108.3 percent in the second quarter and earnings improved significantly. Both earnings and sales in the second quarter topped Wall Street targets.
Nautica Partners With MS Apparel
Nautica, owned by Authentic Brands Group (ABG), has partnered with MS Apparel to introduce Nautica Angler, a new line of fishing and outdoor apparel.
Record Eighth Bäst-i-Test Win For Isbjörn of Sweden Penguin Snowsuit
For the eighth year, the Penguin Snowsuit from children’s outdoor clothing and accessories manufacturer Isbjörn of Sweden has been awarded the Bäst-i-Test (Best in Test) award in the Premium category. Penguin received the award after rigorous field test at a forest school day-care center in Sweden conducted by the Scandinavian Online Test Institute Bäst-i-Test, during […]

Slinger Bag Enters China Market Through Partnership
Slinger Bag announced its launch into the Chinese market via a five-year distribution partnership with Shanghai and Xiamen-based Powerway Sports (PWS). Under the terms of the deal, PWS will be the exclusive distributor for Slinger of the Slinger Bag ball launcher and for related Slinger branded accessories.

Adidas Increases Full-Year Outlook As Top-Line Momentum Accelerates
Adidas AG said it now expects sales to expand up to 20 percent for 2021 after reporting currency-neutral sales grew 55 percent in the second quarter. Currency-neutral sales gains of 99 percent in EMEA and 87 percent in North North America helped offset a decline of 16 percent in Greater China.

Kora Expands Its Yak Wool Midweight Outdoor Collection
Kora, a maker of yak wool performance apparel, announced the expansion of its Yardang Collection to include a midweight (240gsm) quarter-zip Jersey, Hat and Neck Gaiter. Kora has also introduced new colors, Copper Orange and Lake Blue, in this collection. Like all of the brand’s Hima-Layer fabrics, the Kora team designed and developed the Yardang, […]
Forme Enters Golf Market With Therapeutic Wearables
Forme, a wellness-technology company, has launched into the golf market with its FDA-registered therapeutic wearables. After working with Olympians, NBA, MLB, and NHL players, Forme’s technical products are being used in PGA tours, by amateur golfers, coaches, and golf fitness professionals. “Golfers, due to habitual forward postures and demanding playing and travel schedules, have a […]

Froggs Toggs Acquires Insights Outdoors
Froggs Toggs has acquired Alabama-based hunting and fishing gear company Insight Outdoors.

Topgolf To Begin Construction On First Multi-level Seattle-Area Venue
Topgolf Entertainment Group held a groundbreaking ceremony on August 3 to kick off construction of what will be Topgolf’s first traditional multi-level entertainment venue in Seattle, WA.

Keen Pulls Out From OR Show Cites COVID-19 Delta Variant
Keen announced in a statement it would not attend the Outdoor Retailer Show in Denver, CO next week due to the recent spike in COVID-19 cases and, in particular, the Delta variant.

The Athlete’s Foot Sees 40 Percent First-Half Gain
For the first half of 2021, The Athlete’s Foot (TAF) reported a strong retail sales growth of above 40 percent. Also, Intersports International Corporation (IIC) and Arklyz Group AG (Arklyz) announced the successful closing of the deal to sell 100 percent of the global TAF business to Arklyz, owner of Intersocks, on July 30, 2021.