SGB Outdoor

Adidas Profit Rises on North America Rebound

Adidas Group reported sales rose 17 percent in the first quarter, or 9 percent on a currency-neutral basis. While Western Europe and China grew faster, a highlight was North America, which rebounded to show a gain of 7 percent on a currency-neutral basis.

Moots Promotes Boucher to President’s Role

Moots Cycles has named Butch Boucher, a 19-year veteran of the company, as its new President. Boucher will oversee all aspects of the company including strategic planning, product development, operations, finance, marketing and sales…