Columbia Sportswear Net Income Soars 25 Percent In Q1

Columbia Sportswear Co. reported that net income grew 25 percent to $45.1 million on 12 percent revenue surge in the first quarter, beating analysts’ estimates. First-quarter net income was $45.1 million, or 64 cents per share, compared with first quarter 2017 net income of $36 million, or 51 cents per share. Analysts expected the company to earn 58 cents per share in the quarter.

Patagonia Invests In NuMat Technologies

NuMat Technologies, an advanced materials startup focused on programmable nanomaterials, has received an investment from Tin Shed Ventures, Patagonia’s strategic investment arm. 

Adidas Signs Wyoming

Adidas reached an agreement to become the official athletic footwear, apparel and accessory for the University of Wyoming.

SylvanSport Names Craig McAnsh VP Of Marketing

SylvanSport has named Craig McAnsh as vice president of marketing. McAnsh will lead all branding, marketing, advertising and communications for SylvanSport as the company looks to grow across North America and globally.

Amer Sports Q1 Earnings Pick Up

Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.

Commission On College Basketball Urges Sweeping Reforms By NCAA

The Commission on College Basketball, chaired by former Secretary of State Condoleezza Rice, unveiled a wide range of recommendations to overhaul college basketball, including ending the one-and-done rule, potential lifetime bans for rule-breakers, and changes to the relationship between the NCAA and apparel companies.

Brunswick Corp.’s Q1 Profits Climb 12 Percent

Brunswick Corp. reported a 12 percent gain in earnings in the first quarter on a 7 percent revenue lift. Sales grew 9 percent in the Marine Segment, 7 percent in the Boat segment and 4 percent in the Fitness segment.