Amer Sports has adopted the new IFRS 15 standard ‘Revenue from Contracts with Customers’ as of January 1, 2018. As a result of the adoption, Amer Sports has restated the 2017 figures by using the full retrospective method.
Author: SGB Media
PHIT America To Sponsor One Million Calorie Burn
PHIT America in a partnership with Play Tennis Month will hold One Million Calorie Burn, a three-hour cardio tennis session being held in Orland on April 30.
Umbro Replaces Puma As Huddersfield Kit Supplier
Huddersfield Town, the English soccer side, announced a four-year partnership with Umbro. Puma had supplied Huddersfield’s kit since 2013.
RECALL: L.L.Bean Knives
About 600 knives sold by L.L.Bean are being recalled, according to a press release from the U.S. Consumer Product Safety Commission.
Darn Tough Vermont To Sponsor Spartan U.S.
Darn Tough Vermont, the American manufacturer of premium performance outdoor and lifestyle socks, has partnered with Spartan, the world’s largest obstacle race (OCR) and endurance brand, becoming the Official Sock of Spartan U.S.

Keen To Celebrate Newport’s 15th Anniversary At REI Denver On April 14
Footwear company Keen is celebrating the 15th anniversary of the company’s Newport sandal with a party Saturday, April 14, at REI Denver from 10 a.m. to 4 p.m.

SFIA: Sporting Goods Scores Highest Annual Growth In Three Years
SFIA’s 2018 Manufacturers’ Sales Report showed sales in the sports and fitness industry grew 2.9 percent in 2017, representing the best annual growth in three years. Strong category performance was seen in basketballs, batting gloves, camping coolers, sports bras, fitness/workout footwear and fishing equipment.
Camping World To Acquire Cullum & Maxey Camping Center
Camping World Holdings Inc. announced that an agreement has been signed to acquire Cullum & Maxey Camping Center located in Nashville, TN.

Aisle Talk Week Of April 9
Top headlines from the active lifestyle industry you may have missed this week.

Climb The Hill
The American Alpine Club (AAC) and Access Fund are heading back to Washington, D.C. for the organizations annual Climb The Hill campaign May 9 through the 11th.
MidwayUSA Named Official Sponsor Of 2018 NRA Annual Meetings & Exhibits
The National Rifle Association announced MidwayUSA as the Official Sponsor of the NRA Annual Meetings & Exhibits for a ninth consecutive year.
Mainstream Holdings Buys Hawk Group
Mainstream Holdings, Inc., the owner and manufacturer of prominent brands Muddy, Big Game and API Outdoors, announced the acquisition of Hawk Group, LLC, a leading supplier of ladder stands, hang-ons, accessories and crossbows operating under the Hawk and Killer Instinct brands.

Trump Weighs Rejoining Trans-Pacific Partnership
President Donald Trump has directed his top economic and trade advisers to look into re-entering the Trans-Pacific Partnership. The move would come a little over a year after withdrawing the U.S. from the the multilateral trade agreement in one of his first acts as president.
GoPro Stock Climbs After Report Of Acquisition Interest
Chinese electronics firm Xiaomi might make a bid for GoPro, according to The Information.

Oofos Launches First Global Campaign
Oofos, the maker of recovery footwear, announced its first global brand campaign, titled “Recover Faster. Feel the OO.”