GNC Replaces CEO After Poor Q2

GNC Holdings, Inc. replaced its CEO Mike Archbold with interim CEO Robert F. Moran, after disappointing second quarter results, with reported revenue decreasing 2.4 percent, or $673.2 million, as compared to the year prior.

Sole Code: How Michelin Secured its Name in Outdoor

Drawing from tire tread, Michelin and Northwave leak their new hybrid MTB footwear to SGB.  By Jahla Seppanen Over the last two-and-a-half years, one of the three leading tire manufacturers in the world has stamped its name on the sole of outdoor footwear. Michelin, the 127-year old French-born company that took to making bicycle tires […]

Gildan Activewear Q2 Sales Miss Mark, Lower Guidance

Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.

Will Nike Take CrossFit From Reebok?

By Jahla Seppanen At the 2016 Reebok CrossFit Games, July 19-24, Nike athlete Mat Fraser took his first win after coming in second the following two years. The 26-year-old’s victory shifted some attention away from the ever-growing CrossFit brand, Reebok, to the footwear/apparel giant Nike, who signed Fraser in December 2014 after an explosive debut […]