HanesBrands Inc, parent of Champion, reported net sales increased 13 percent in the second quarter, to $1.52 billion in the quarter ended July 4, while adjusted operating profit excluding actions increased 15 percent to $265 million and adjusted EPS exclu
Category: Outdoor
SoulCycle Files for Initial Public Offering of Stock
SoulCycle Inc. laid out plans for an initial public offering Thursday in an S-1 filing with the Securities and Exchange Commission…
Damian Lillard and Jimmy Kimmel Star in Foot Locker Commercial
Foot Locker, Inc. and Adidas Originals unveiled, “The Bobby Butter Story,” a new spot featuring NBA stars Damian Lillard and Andrew Wiggins, alongside late-night host and comedian, Jimmy Kimmel…
Verde Brand Hires Outdoor Veteran Christina Erb LoVullo
Verde Brand Communications, a full-service, integrated public relations, marketing and consulting agency, announced the addition of veteran outdoor industry professional Christina Erb LoVullo…
Amer Sports Cuts Q2 Loss by Nearly Half
Amer Sports reported sales, excluding Louisville Slugger, increased 7 percent in currency-neutral (c-n) terms in the second quarter ended June 30 thanks to strong growth in the Americas and Asia Pacific, Footwear and a surge in Winter Sports Equipment sal
Amer Sports Adds Queenax to Precor Fitness Line
Amer Sports has acquired Queenax and will integrate the maker of “functional fitness training systems” into its Precor line of traditional strength, cardio and networked fitness offerings…
Hi-Tec Completes HQ Relocation
Hi-Tec Sports has relocated their U.S. headquarters from Portland to a larger space in Tigard, OR, to support current and future growth of the Hi-Tec and Magnum brands…
Report: Michael Jordan Loses China Trademark Suit
A Beijing court dismissed a trademark case brought by Michael Jordan against a company using a similar name and logo to his Nike-produced brand, a report said…
Garmin Sees 5 Percent Gain in Q2 Fitness Revenues
Garmin Ltd. reported sales grew 5 percent in its Fitness segment, driven by activity trackers and multisport products. Outdoor segment revenues grew 4 percent…
Amer Sports Builds Sales, Trims Losses in Q2
Amer Sports, which owns the Salomon, Wilson, Arc'teryx and Suunto brands, reported net sales excluding recently acquired Louisville Slugger grew 7 percent in currency-neutral (c-n) terms in the second quarter ended June 30…
Luxottica Retools Oakley for Global Growth
Luxottica Group expects to fold Oakley's back-office functions into its North American operations by October 3, as part of a global integration initiative that is already fueling increased R&D spending and an expansion of the brand's U.S. manufa
Balega Shifts 15 Percent of Sock Production to North Carolina
Balega International expects to source 15 percent of its performance socks from the United States thanks to a new partnership with a Hickory, NC manufacturer…
TJX Cos. Acquires Australian Off-Price Retailer
The TJX Companies, Inc. has signed a definitive agreement to purchase Trade Secret, an off-price retailer that operates 35 stores in Australia…
City Sports Names Marty Hanaka CEO
City Sports appointed veteran retail executive Marty Hanaka as its CEO. Hanaka, who has served on the board of directors for City Sports since 2008, had previous tenures as chairman and CEO of Golfsmith International and chairman and CEO of Sports Authori
Boys Scouts of America Drops Ban of Openly Gay Adult Leaders
The Boys Scouts of America has removed its national restriction on openly gay adult leaders and employees in a move that could make it more a more palatable…
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