SGB Executive

EXEC: Johnson Outdoors’ Q3 Hampered By Rising Input Costs And Supply Chain Disruption

EXEC: Johnson Outdoors’ Q3 Hampered By Rising Input Costs And Supply Chain Disruption

Johnson Outdoors reported a sharp decline in earnings in its fiscal third quarter ended July 1 due to supply chain challenges, especially within its fishing segment, as well as rising raw materials costs also tied to supply chain dynamics. Helen Johnson-Leipold, chairman and CEO, told analysts, “We’ve implemented price increases across our product lines and we're focused on fulfilling demand and reducing our expenses where possible.” (Read More)

EXEC: Adidas Confident About Accelerated Growth In Second-Half

EXEC: Adidas Confident About Accelerated Growth In Second-Half

Adidas AG reported currency-neutral sales grew 4 percent in the second quarter, constrained by the impact of last year's lockdowns in Vietnam, the suspension of operations in Russia and continued COVID-19-related lockdowns in Greater China. Despite expectations for continued macroeconomic pressures, CEO Kasper Rorsted vowed to analysts that Adidas would accelerate growth in the second half. (Read More)

Loading

Latest SGB Today Stories

Post Your Product Stories Here

GO HERE to learn more about the SGB Media PR Portal Partner Program for brands, PR agencies, PR managers and other marketing professionals.

CONTACT US HERE to apply to start posting your own Press Releases.

Pin It on Pinterest

Share This