PVH’s Q1 Exceeds Guidance

PVH Corp., which owns Speedo but whose main businesses are Calvin Klein and Tommy Hilfiger, reported first quarter results that came in above guidance and raised its full-year guidance.

Adidas Speedfactory to Begin Large-Scale Production in 2017

Adidas announced that it would resume production of shoes in Germany more than 20 years after it stopped making them in its home country. Its new “Speedfactory” will use robots, as opposed to the manual process the company employs in its manufacturing hubs in Asia.

Varsity Brands Honors High School Leaders

Varsity Brands, the parent of Herff Jones, BSN Sports and Varsity Spirit, hosted its inaugural Varsity Brands School Spirit Awards in Orlando, FL on April 30 to recognize standout educators, teaches, coaches and students.

Concourse Sports Acquires Team Express

Concourse Holdings LLC, which owns RedsGear.com, KnifeHog.com and SoftballFans.com, has completed its acquisition of San Antonio-based sports retailer Team Express Distributing, LLC, the owner of Baseball Express, Softball.com and Football America.