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EXEC: Amer Sports Files Confidentially to Go Public

Amer Sports, the parent of Salomon, Wilson, Arc’teryx and other sports brands, filed confidentially for a U.S. initial public offering that could value the group as high as $10 billion. The offering would come as Amer Sports’ business has seen accelerated growth, driven by Arc’teryx and Salomon and growth in China.

Study: American Malls Making a Comeback Post-Pandemic

A study conducted by Coresight Research found that traffic at U.S. shopping malls has recovered and surpassed pre-COVID levels, supported by the “halo effect” created by a brand’s online and offline presence in a mall, brand synergy in malls and omnichannel retail investments.

Mivice Makes Key North America Sales Hire

Mivice, an e-drivetrain system supplier, hired Brad Accettella as North American business development and sales executive. Previously, Accettella previously was the COO of Brooklyn Bicycle Co. and director of product and supply chain for Guardian Bikes.

Moultrie Releases Edge Pro Cellular Trail Camera With AI Technology

Moultrie Mobile, a manufacturer of cellular trail cameras that also offers a remote monitoring app for hunters and property owners, released its Edge Pro Cellular Trail Camera with false trigger elimination capabilities powered by AI in the form of Smart Capture and Smart Zone technology. Smart Capture Technology gives users control over what species the […]

Moultrie Mobile Edge Pro Cellular Trail Camera Featuring AI Technology Now Available

BIRMINGHAM, Ala. (Aug. 14, 2023) — Moultrie Mobile, a leading pioneer in cellular trail cameras that also offers an all-in-one remote monitoring app for hunters and property owners, today announced its Edge Pro Cellular Trail Camera with all-new False Trigger Elimination capabilities powered by artificial intelligence (AI) is available in stores and online. Utilizing AI, […]

EXEC: Under Armour Reduces North America Guidance on Wholesale Softness

Under Armour reported results for the fiscal first quarter ended June 30 came in line with expectations amid progress reducing inventory levels while reiterating its overall guidance for the year. However, sales guidance was reduced for North America as the brand was unable to overcome due to stubborn challenges at U.S. wholesale.

EXEC: Adidas Sees North America Struggles Continue

Adidas’ second quarter results included several encouraging signs, including securing an incremental profit of €150 million ($164 mm) from the first drop of leftover Yeezy, significantly improved margins due to better sell-throughs and less discounting, and a return to double-digit growth in China. However, the laggard continues to be North America, where sales on a currency-neutral basis tumbled 16.4 percent in the period.