Columbia Sportswear’s Q2 Results Top Expectations Despite U.S. Weakness

Columbia Sportswear’s sales in the U.S. slid 2 percent in the second quarter, but overall sales grew 6 percent with a boost from double-digit gains overseas and the loss in the quarter was lower than analysts expected. The outerwear giant also provided a “limited” outlook the year, projecting flattish revenues.

Diadora USA Appoints Fleet Feet Veteran as Director of Sales

John Moloznik brings over a decade of experience in the sporting goods industry, most notably from his senior leadership roles at Fleet Feet, where he reportedly led strategic sales growth initiatives, executed omni-channel strategies and spearheaded the opening of over 100 retail stores nationwide.

Gildan Activewear’s Q2 Boosted by Market Share Gains in Activewear

Gildan Activewear Inc. reported earnings on an adjusted basis grew 17 percent in the second quarter ended June 29. Margins improved due to lower raw materials and manufacturing costs as well as favorable pricing. Sales advanced 6.5 percent as a 12 percent gain in Activewear offset declines in hosiery and underwear.

Canada Goose Fiscal Q1 Revenues Climb 22 Percent on DTC Momentum

Canada Goose Holdings Inc. reported revenues jumped 22.4 percent in the fiscal first quarter ended June 29, boosted by a 23.8 percent gain in DTC sales. Wholesale sales grew 11.9 percent. The loss on an adjusted basis was slightly higher due to investments in opening new stores and marketing activities.

Puma Appoints Andreas Hubert as Chief Operating Officer

With this new Board position, Puma shifts Sourcing, IT and Logistics under Hubert, streamlining responsibilities across its leadership team and organization, effective September 1. Hubert will be part of Puma’s Management Board, which will comprise five members.

Skechers Performance Drops SKX Full-Court Press Basketball Shoe

The low-top fuses style and function, with a wraparound TPU Versa Wing in the midsole, offering b-ball players stability when making hard cuts to create space. The outsole features Goodyear rubber in a herringbone pattern for multi-directional traction. Skechers lightweight Move Foam delivers comfort.