The yoga lifestyle brand and retailer increased sales by 14 percent to $514.5 million, but that came in about $1 million short of Wall Street’s estimates.
Category: Sports/Fitness
New Report Finds Adult Obesity Rates Decreased In Four States
U.S. adult obesity rates decreased in four states (Minnesota, Montana, New York and Ohio), increased in two (Kansas and Kentucky) and remained stable in the rest, between 2014 and 2015, according to The State of Obesity: Better Policies for a Healthier America.
Skechers Signs LPGA Rising Star Brooke Henderson
The world’s number three golfer will support GO Golf and joins Matt Kuchar, Russell Knox, Colin Montgomerie, Billy Andrade, Belen Mozo and Ashlan Ramsey.
Amer Sports Hits The Gas
The Finnish company will accelerate category expansion and store openings at Arc’teryx and Salomon in a bid to leverage better-than-expected organic growth.
Performance Sports Group Gets A Second Chance; Sale Possible
Parent to Bauer, Mission, Easton and Maverik brands gains extension from creditors to file its annual financial report, while confirming it’s hired a financial adviser to evaluate “strategic alternatives.”
Genesco’s Shares Crash On Disappointing Outlook
The company’s Journeys chain is being hurt by a fashion shift that’s “more pronounced than we have ever seen in the past.”
RECALL: Sahn Classic Bicycle Helmets
The U.S. Consumer Product Safety Commission issued a recall for about 2,000 (in addition, about 1,600 were sold in Canada) Sahn Classic bicycle helmets, which are made for urban cycling and commuting.
Bauer Hockey Creates Education, Tips Video Series #GetFitFriday
Bauer Hockey, a division of Performance Sports Group Ltd, has partnered with some of NHL’s players to create an exclusive video series aimed to enhance skill development for hockey players of all ages and abilities.
UFC Gym Breaks Ground In Costa Mesa, CA
UFC Gym is collaborating with UFC middleweight champion Michael Bisping and UFC featherweight Cub Swanson to open a new signature gym in Costa Mesa, CA.
Topgolf Opens In California
Topgolf will open its first California location on September 2, with a VIP grand opening the following Thursday.
Under Armour Opens Wisconsin Brand House
Under Armour will open its first Brand House in Wisconsin at 610 State Street in Madison on September 2, steps away from the University of Wisconsin.
Oofos Hires Deckers Duo To Head International Sales
Oofos, a pioneer in the recovery footwear space, appointed Giles Cundell and Kelly Lopes Da Silva, to head up its International Sales Division. Both serve as Directors of UK based Sport Factory Ltd. Both also join Oofos from Deckers Brands.
Genesco Lowers Guidance On Weak Trends At Journeys
Genesco Inc said that due to adverse fashion shifts at Journeys and poor trading conditions at Schuh, its U.K. chain, it’s lowering its EPS outlook for the year.
Sports Authority Executives Get Their Bonus
After considerable litigation, a federal judge approved a modified bonus program that will pay top executives of the bankruptcy retailer up to $1,425,000.
Performance Sports Gets Extension on Late Filing
Performance Sports Group Ltd. said it received 60-day extension from its lenders to file its Annual Report on Form 10-K, avoiding a default.
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