361 Degrees Launches Retail Racing League

Kicking off mid-2019, the league will be comprised of teams from run specialty retailers who will compete at local races over an eight-month period to win the opportunity to run the final race in early 2020 and take home the coveted $50,000+ prize purse.

Darn Tough Vermont Appoints Reps For Southern Region

Darn Tough Vermont, the maker of performance outdoor and lifestyle socks, announced that effective immediately Apex Outdoor Sales is responsible for representing the Darn Tough brand covering all channels servicing Texas, Arkansas, Louisiana, and Oklahoma (TALO).

2018 Rawlings Gold Glove Award Winners Announced

Rawlings Sporting Goods Company, Inc., announced the winners for the 2018 Rawlings Gold Glove Award, honoring the best individual fielding performances at each position in the American League and National League. Winners were unveiled during a live, one-hour “Baseball Tonight – The 2018 Rawlings Gold Glove Award® Announcement Show” on ESPN presented by Dick’s Sporting Goods.

Asics Slashes Guidance On Weak Nine-Months Results

Asics significantly lowered its outlook for the year after reporting a steep decline in profits in the nine months on a 4.7 percent revenue decline. The Americas region showed a loss in the nine months on a 17.8 percent sales drop.

Dorel Sports Sees Robust Growth In Q3

Dorel Sports’ revenue grew 6.6 percent in the third quarter to U.S.$219.1 million from U.S.$205.5 million, according to the financial report of its parent, Dorel Industries. Organic revenue grew approximately 11.8 percent.

Aisle Talk Week of October 29

Top headlines from the active lifestyle industry you may have missed this week, including the outlook for U.S. apparel and footwear manufacturers being changed to positive from stable, according to Moody’s Investors. The agency cited the progress of companies like VF Corp. (pictured) in the report.

Moody’s Lifts Outlook For US Apparel And Footwear Industry

 The outlook for US apparel and footwear manufacturers has been changed to positive from stable, Moody’s Investors said in a new report. After two challenging years, earnings growth is accelerating beyond the rating agency’s previous expectations and is expected to remain robust over the next 12 to 18 months. The agency cited the progress of Nike, Inc., PVH Corp. and VF Corp.