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.

Newell Brands Lifts Outlook On Q3 Beat

Newell Brands raised its guidance after reporting third-quarter earnings that exceeded Wall Street’s targets excluding a goodwill impairment charge.  Sales in the Home & Outdoor Living segment slid in part due to lost distribution for Coleman at a key U.S. retailer.

L.L.Bean To Expand Presence In Canada

L.L.Bean announced its first-ever entrée into the Canadian wholesale and brick and mortar retail market this fall with an exclusive agreement with Jaytex Group to distribute a broad assortment of L.L.Bean products. Jaytex Group, a 40-year old company, is a Canadian distributor of high-quality brand name outerwear and apparel.