ISPO Munich will be boasting an extra two halls in ISPO Munich 2019. In January 2018, over 2,800 exhibitors showcased their products at the leading international trade fair spread across 16 halls.
Author: SGB Media
Adidas Q3 Profits Leap, Sales Impacted By Softness In Europe
Adidas hiked its 2018 profit guidance, citing a strong earnings performance in the third quarter, but trimmed its revenue target due to weaker-than-expected growth in Western Europe. Revenues at the Adidas brand increased 10 percent in the quarter, driven by double-digit growth in Sport Inspired as well as high-single-digit growth in Sport Performance. Revenues at Reebok decreased 5 percent.
Wolverine Lifts Guidance On Strong Q3 Profit Gains
Wolverine World Wide Inc. lifted its guidance for the third time this year after reporting earnings on an adjusted basis rose 44 percent. Underlying revenue rose 1.1 percent on a currency-neutral basis.
Lew’s Holdings Acquires Southern Plastics
Lew’s Holdings Corporation, the supplier of fishing and hunting products through Lew’s, Strike King, and Hunters Specialties, announced that it has acquired Southern Plastics Company Inc., a manufacturer of soft plastic fishing lures.
HydraPak Acquires Polar Bottle
HydraPak, maker of performance hydration products and the largest OEM supplier of reservoirs globally, on Tuesday announced its acquisition of Polar Bottle. Financial terms of the deal weren’t disclosed.
Brooks Running Strengthens Position In Europe
Brooks Running recently organized its European business into three commercial territories (North, Central and South), each with its own business leader to better capitalize on growth. Brooks also recently appointed a new EMEA Sales Director and EMEA Marketing Director.
Vicis Amasses $28.5M In Funding Round
Vicis Inc., the maker the ZERO1 football helmet, announced the closing of a $28.5M Series B funding, which includes an investment from All-Pro NFL quarterback Aaron Rodgers through Rx3 Ventures.
Bogs Sales Dip 5 Percent In Q3
Weyco Group, Inc. reported wholesale sales of Bogs were down 5 percent for the third quarter, mainly with outdoor and online retailers.
Camping World Misses On Q3 Revenue, EPS Targets
Camping World Holdings Inc. reported revenue for the third quarter ended September 30 increased 6.2 percent to $1.313 billion, but it fell short of Wall Street’s estimates by $110 million.
Nike Names New Leaders For Asia Pacific And Latin America And Global Sales
Nike Inc. announced that effective December 1, Carl Grebert, currently the VP, GM of the global Jordan Brand, will become the company’s new VP, GM of its Asia Pacific and Latin America (APLA) geography. Ann Hebert, currently VP, GM of the APLA geography, will become the new VP, Global Sales.
Laura J. Flanagan Named to Board of Directors Of Callaway Golf Co.
Callaway Golf Co. on Tuesday announced that it has increased the size of the company’s board of directors from nine to 10 members, and that Laura J. Flanagan has been appointed to the board.
Merrell Launches “One Trail” Project To Showcase And Celebrate Diversity
Merrell has launched the One Trail project, a campaign celebrating diversity on the trail and seeking to contemporize attitudes about outdoor participation. The first element of the campaign is a mural of portraits taken on trails across the country on September 1, 2018, commemorated in an online gallery.
Digital Room Acquires Logo Sportswear
Digital Room LLC, the vertically-integrated provider of online-driven printing solutions, has acquired Logo Sportswear Inc.
O2COOL Acquired By Maurice Sporting Goods
Maurice Sporting Goods, which is owned by Middleton Partners, has acquired Chicago-based O2COOL, which makes portable fans, water-cooling hydration bottles, outdoor accessories and other novelty items. Financial terms weren’t disclosed.
Wrightsock Hires Kittredge And Associates For Four Regions
Wrightenberry Mills Inc., Burlington NC, makers of Wrightsock Double Layer, has hired Kittredge and Associates to represent the brand in all trade channels in several territories.