Overall revenue was down 6 percent to $1.5 billion for the quarter as International revenues grew 7 percent. Revenue is expected to be down 3 percent to 4 percent for the fiscal year, tightening the previous expectation of a 2 to 4 percent decline.
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Outdoor & Sports Company Appoints Managing Director for North America
Bill Supple joined OSC in a consulting capacity as director of brand and business development for Mountain Equipment in the U.S. in 2019.
Amer Sports Company Launches New Senior Secured Notes Offering
The net proceeds from the offering of the Notes and the expected net proceeds from the New Senior Secured Credit Facilities are expected to repay all outstanding indebtedness under the company’s existing credit facilities, which will be terminated.
Oboz Expands Sales Team Across North America with Multiple Moves
The company realigned its midwest sales territories, created two new regional sales manager positions, and moving its Canadian operations under the Canadian KMD Brands team.
Gordini Focuses on Backcountry and Snow Safety Education with American Avalanche Association and U.S. Avalanche Centers Partnerships
Gordini announces it is the Official Glove Partner of the American Avalanche Association, supporting access to education, safety, research and resources to Avalanche professionals and their beneficiaries, as well as avalanche centers across the country, including the friends of the Colorado Avalanche Information Center and Mount Shasta Avalanche Center, the Mount Washington Avalanche Center Foundation and East Coast Avalanche Education.
EXEC: Amer Sports IPO Comes Up Short; Some Cite China Concerns
Arc’teryx generated 43 percent of its overall revenues in Greater China in the nine-month YTD period in 2023, while the region only generated 5 percent of sales for Salomon and Wilson. Thirty-six Arc’teryx stores in China accounted for 16.7 percent of global brand revenues for the 2023 YTD period.
Calcutta Outdoors Celebrates 65th Anniversary with Star Rods American Spirits Series
Global outdoor brand teams up with Cape Fear Distillery and Steve Goione to launch an inaugural pairing of USA-made inshore fishing rods and American-crafted spirits.
American Apparel Announces Product Expansion and New Campaign
Christ Church, Barbados, Friday, January 19, 2024 – American Apparel, an iconic premium clothing brand of timeless apparel, is pleased to announce that it is expanding its product offering with twelve new styles across five collections, representing an important addition to the brand’s portfolio. These pieces aim to reaffirm American Apparel’s dedication to premium quality […]
66°North Appoints CCO; Hires North America and EMEA Sales Chiefs
Jeppe Møller will take on the role of chief commercial officer after consulting with the brand in 2023. Justin Warren has joined the team as sales director for North America and Mike Massoulier Eriksen has been appointed head of sales EMEA.
Dunlop Sports Americas Relaunches Never Compromise Putters
“We’re excited to be able to bring back the Never Compromise line and give golfers the opportunity to get a hand-built, fully custom putter fit entirely for their stroke.” —Chuck Thiry, Vice President, Dunlop Sports Americas
EXEC: Amer Sports Expects 2023 Full-Year Revenues North of $4.35 Billion
Revenue reportedly increased across all operating segments, geographic regions and channels, according to the company’s recently amended F-1 filing statement. The company sees its annual net loss contracting but EBITDA expanding for the year.
Phantom Glide Launches Nordic Skiing Formula in North America, Europe; Expands Sales Team
Salt Lake City-based company announces new permanent base treatment optimized for cross-country skiing and adds to sales team on the East Coast and Europe
American Pride Outdoors Acquires Half Rack
With this acquisition, American Pride Outdoors said it “aims to expand its offerings and provide a wider range of products to hunters around the world.”
Amer Sports Looks to Raise Over $1.6 Billion in IPO
Amer Sports, Inc., the parent of the Arc’teryx, Armada, Atomic, DeMarini, EvoShield, Louisville Slugger, Salomon, Wilson, and other sports and outdoor brands, launched an initial public offering of 100,000,000 ordinary shares.
American Baitworks Co. Acquires Freedom Tackle Corp.
American Baitworks Co. has acquired Freedom Tackle Corp. from co-owners Michael and Nick Tamburro. The brothers founded the company in 2012.
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