Iconix Brand Group Inc. reported net earnings again eroded in the first quarter on a 17 percent revenue decline. But results were in line with expectations and Iconix’s management said they’re making progress realigning the company’s brand relationships, including Umbro’s with Target and Starter’s with Amazon.
Author: sportsoneauthor
Nautilus Delivers Flat Earnings In Q1
Nautilus Inc. reported essentially flat earnings as a modest sales gain was offset by a 320 basis point drop in gross margins. Margins were impacted by a reduction in Direct gross margins, coupled with a shift in segment revenue mix from Direct to Retail.
Fitbit Launches New Apps From Health Partners
Fitbit Inc. introduced new apps and clock faces to help people better manage their health, directly from the wrist.
NAFTA Withdrawal Would Mean Higher Consumer Prices And Fewer Retail Jobs, New Study Finds
Withdrawing from the North American Free Trade Agreement would cost retailers and consumers up to $16 billion a year and lead to the loss of 128,000 retail-related jobs over the next three years, according to an AT Kearney study.
Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue
Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.
Vans Announces Five Finalists For 2018 Custom Culture Competition
Vans announced the top five high schools in the ninth annual Vans Custom Culture art competition.
Delta Apparel Notches Slight Earnings Gain In Q2
Delta Apparel Inc. reported net earnings increased slightly in its second quarter ended March 31 on a 2 percent revenue gain. Gross margins in its branded segment and DTG2Go business offset the impact of higher raw materials on its activewear business.
Firearm Background Checks Slide In April
The Federal Bureau of Investigation (FBI) reported that adjusted firearms background checks (excluding permit checks and rechecks) were down 4.2 percent year-over-year (Y/Y) in April.
Everlast Signs MMA Fighter Dustin Poirier To New Deal
Everlast Worldwide, a manufacturer, marketer and licensor of boxing, MMA and fitness equipment, has signed a new two-year deal with MMA fighter and #TeamEverlast athlete Dustin Poirier.
American Alpine Club Announces 2018 ‘Excellence in Climbing’ Honors And Benefit Evening
The American Alpine Club, the country’s oldest and largest climbing and mountaineering member organization, has announced the organization’s 2018 inductees to the Hall of Mountaineering Excellence and the winner of the 2018 H. Adams Carter Literary Award.
Upventur Acquires Outdoor Adventure App Yonder
Upventur, a social platform for the outdoor and travel space, has acquired Yonder, an app built to inspire and enable the love of the outdoors. Terms were not disclosed.
Athlete Profile … Reef Brand Ambassador Brinkley Davies
Athlete Profile … Reef Brand Ambassador Brinkley Davies
Gore-Tex Names Climber Alex Megos To Global Athlete Team
Gore-Tex has named climber Alex Megos to its global athlete team.
Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team
Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.
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