Smith & Wesson’s Q3 Revenues Drop 31 Percent

Smith & Wesson Brands, Inc. reported sales were down 31 percent year-over-year in the third quarter ended January 31 but surged more than 118 percent on a two-year basis. Both sales and earnings trailed analyst estimates.

Adidas Appoints Chief Creative Officer

Adidas announced the appointment of Alasdhair Willis to chief creative officer responsible for the global creative direction for its brands and its three labels—Performance, Originals and Sportswear.

T-H Marine Acquires YakGear

OneWater Marine, Inc. announced that its subsidiary, T-H Marine, has acquired YakGear, Inc., a supplier of kayak equipment, paddle sports accessories and boat mounting accessories based in Houston, TX.

ACT Lab Hires Marketing Chief

ACT Lab, based in Long Beach, CA, announced that bike industry veteran Steve Boehmke will lead marketing for its labs and testing facilities in the U.S., Taiwan, China, Vietnam, and Europe.