Vista Outdoor Inc. reported sales declined 1.6 percent in the fiscal second quarter ended September 30 as sales declined 3.9 percent at its Revelyst outdoor products segment and inched up 0.5 percent at Kinetic Group. Results were in line with expectations with Revelyst exceeding plan. Vista’s board again unanimously recommended shareholders vote for a deal to sell Kinetic Group with Czechoslovak Group (CSG).
Author: SGB Media
361 Degrees Owned-Retail Posts Robust Growth in Q3
361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.
Pinarello Opens Flagship in Zurich
Bottega di Pinarello, at Bärengasse 10, is a kilometer from the Sechseläutenplatz, where each UCI Road World Championships race finishes. The store offers Pinarello’s full range of products.
NSSF: NICS Background Checks Moderate in September
The 1.3 percent gain marks a sequential deceleration from increases of 8.3 percent in August and 4.0 percent in July, although the July figure had marked the first year-over-year monthly increase since December 2023.
Nutrition Brand Maurten Nets $22 Million in Funding Round
The new funding for the Swedish sports nutrition company is expected to help Maurten expand beyond sports and into the medical arena. Maurten also plans to accelerate its focus on female-specific research.
Reebok x Juicy Drop Limited Edition Footwear and Apparel Collection
Reebok’s sport heritage mixes with Juicy rhinestones and Velvet in this limited-edition footwear and apparel capsule collection.
Athleta Hires Former Nike Exec to Lead Design
Athleta has hired Tania Flynn, formerly VP of apparel design at Nike, as head of design.
Smith & Wesson’s Revenues Expand 10 Percent in Fourth Quarter
Smith & Wesson Brands, Inc. reported earnings on an adjusted basis gained 43.1 percent in the fiscal fourth quarter ended April 30. Sales advanced 9.9 percent. Mark Smith, president and CEO, said, “We continue to expect healthy demand overall for firearms in fiscal 2025.”
Paka Introduces New General Manager and Advisory Board
Paka, the sustainable clothing brand, hired former Prana executive Brian Thompson as general manager while introducing a new advisory board.
Trending: 2024 Midyear Per Race Participation Increases
RunSignup reported a mid-year update on race trends, showing that pre-race registrations have continued to increase after nearly matching 2019 numbers in 2023. On average, registrations grew 8 percent compared to 2023.
Castore to Sponsor Everton’s Kit and Stadium
Under the multi-year agreement, Castore will supply travel wear, playing and training kits for Everton’s men’s, women’s and Academy squads, including home, away and third kits. Castore replaces the Danish brand Hummel.
Kreedom Eyewear Hires National Sales Manager
Brandon Hidalgo was appointed national sales manager, replacing Dave Cohen who departed the company.
Delta Apparel to Shutter DTG2Go Operations, Eliminates 115 Jobs
As part of the DTG2Go Exit Plan, Delta announced that it has permanently ceased production operations related to all DTG2Go manufacturing effective June 13, reducing the number of company employees by approximately 115.
Golden Goose Postpones IPO
Luxury sneaker maker Golden Goose Group SpA has decided to postpone its planned initial public offering “as a result of European market volatility.”
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