While its outsized growth in China continues to get much of the media attention, Lululemon Athletica, Inc. churned out sales gains of 11 percent in the second quarter in North America, slowing from the 17 percent growth in the first quarter.
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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.
Elevate Outdoor Collective Names North America Race Manager
The company promoted Harry Goss to North America race manager for Völkl skis, Dalbello boots, Marker bindings, and accessories.
Road Runner Sports Partners with PHIT America on Fitness Programs for Kids
Road Runner Sports will significantly expand PHIT America’s programs in U.S. schools as it becomes the Presenting Sponsor of PHIT America’s Amped running/walking fitness program.
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, […]
Asics North America Delivers Seventh Straight Quarter of Double-Digit Online Growth
Asics North America reported positive growth in the second quarter was boosted by double-digit growth in Sportstyle and Core Performance Sports categories across the region and marked by the region’s seventh consecutive quarter of double-digit e-commerce growth.
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.
Survey: America’s Best Retailers 2023 Recognizes Active-Lifestyle Chains
Bass Pro, Golf Galaxy, Puma, and L.L. Bean were among the active lifestyle retailers that Newsweek honored in its 2023 America’s Best Retailers based on a consumer survey it conducted with Statista.
EXEC: Skechers Finds Strength Overseas Offset America Wholesale Weakness
Skechers U.S.A., Inc. raised its outlook for the year as broad strength internationally and strength in the U.S. direct-to- channel offset a 25 percent decline in wholesale sales in the U.S. due to overall elevated inventories in the marketplace. CFO John Vandemore said, “We expected the inventory congestion at our domestic wholesale partners to impact us most significantly in the second quarter.”
Puma’s Q2 Earnings Down, Sales Up Despite North America Decline
Second quarter earnings declined on higher costs and currency effects despite an 11 percent currency-neutral sales gain for the period. However, earnings topped analyst expectations on strength in China, Europe and Latin America.
Asics North America Names VP of U.S. Sales
Asics North America hired industry veteran Michael Dougherty as vice president of U.S. sales, effective immediately. He has over 15 years of global footwear industry experience, including at Clarks and New Balance.
Adidas Outdoor North America GM Departs
Michael Kadous, North America’s senior director and GM for Adidas Outdoor, Terrex and Five Ten since March 2019, exited the brand.
Dr. Martens Sees EMEA and APAC Offsetting Americas Declines This Year
Dr. Martens plc said sales since the start of its fiscal year ended March 31, 2024, are in line with plan, with strength in the EMEA and APAC regions offsetting declines in the Americas. The footwear brand forecasted “meaningful improvement” in its DTC revenue in the Americas region in the fiscal second half.
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