Adidas Sets Rebound Plan

With a plan built around speeding turnaround, increasing its presence in major cities and customization, Adidas AG revealed a new five-year plan that it projects will lift profits by 15 percent a year through 2020. On the top-line, it expects to outperfor

TaylorMade Golf Names New CEO

Adidas Group named David Abeles as the new CEO of TaylorMade Golf Company. Abeles immediately replaces former CEO Ben Sharpe, who resigned from the company for personal reasons…

Competitor Group Appoints President

Competitor Group, Inc. appointed Josh Furlow as president, overseeing all of CGI’s global business. Furlow was previously executive vice president of events…

TIA Summit: Tennis Not Engaging Youth

At the 2015 Tennis Industry Association (TIA) Tennis Summit, held Mar. 17 to 18 in Indian Wells, CA, a lineup of tennis, sports and business executives discussed opportunities but also many challenges keeping the sport relevant in today’s business c

PacSun’s Q4 Comps Jump 6 Percent

Pacific Sunwear of California reported comps grew 6 percent in the fourth quarter, its 12th straight quarter of positive comparable store sales. The retailer also reduced its loss from continuing operations before special charges…

PVH Corp. Swings to Profit

PVH Corp, the parent of Speedo and Izod, reported fourth-quarter earnings per share on a non-GAAP basis increased 23 percent to $1.76, including a 10 negative impact related to foreign currency exchange rates…

Amer Sports Appoints President of Apparel

Amer Sports appointed Vincent Wauters, currently general manager of Arc'teryx Inc., as president of Amer Sports apparel business and a member of Amer Sports executive board. Wauters will continue to lead the Arc'teryx brand…

Tennis Summit Addresses Major Issues and Concerns

A high-powered lineup of tennis, sports and business executives shared their insights, issues, and concerns at the 2015 Tennis Industry Association (TIA) Tennis Summit, held Mar. 17-18 in conjunction with the BNP Paribas Open men’s and women’s