Hex introduced its Ranger Camera Strap and Wrist Strap. Designed for comfort and performance, the neck cuff is padded with EVA foam and backed with air mesh for ventilation and includes aluminum D-Ring junction buckles. The straps feature Hypalon connectors that hold up to 80 lbs. and are made from water-resistant, ballistic nylon and surplus […]
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HEX Expands DSLR Offerings With Camera And Wrist Straps
HEX introduced its Ranger Camera Strap and Wrist Strap. Designed for comfort and performance, the neck cuff is padded with EVA foam and backed with air mesh for ventilation and includes aluminum D-Ring junction buckles. The straps feature Hypalon connectors that hold up to 80 lbs. and are made from water-resistant, ballistic nylon and surplus […]
Asics North America Notches First Annual Profit Since 2017
Asics North America (ANA) announced that it generated the region’s first operating profit in 2021 since 2017. ANA, which includes the United States, Canada and Mexico, also showed a near double-digit quarterly increase year-over-year in the fourth quarter, marking its fourth consecutive quarter of growth.
PGA Of America Chooses Technogym As Its Official Training Equipment Supplier
Technogym announced a multi-year partnership to become the Official Training Equipment Supplier of the PGA of America.
Amer Sports’ Debt Upgraded On Faster-Than-Expected Deleveraging
S&P Global Ratings raised its debt ratings on Amer Sports on its expectations that the sporting goods giant would report a “resilient” operating performance in 2021 with estimated €2.5 billion revenue, up 7 percent to 8 percent above pre-pandemic levels.
Kearney Finds Up To $17 Billion EBITDA At Risk Across North American Apparel/Footwear Industry
New analysis by Kearney shows that continued supply chain disruptions could cost the North American apparel and footwear industry between $9 billion and $17 billion in lost EBITDA (earnings before taxes, depreciation and amortization) in 2022.
Aerosoles Acquired By American Exchange Group
American Exchange Group, a maker of accessories, announced it had finalized an agreement to acquire the assets of the comfort footwear brand, Aerosoles.
Cap America Hires Sporting Goods National Sales Manager
Cap America Inc. has hired Tim Nixon as its sporting goods division national sales manager.
Amer Sports’ Debt Ratings Upgraded To Positive On Strong Earnings
Moody’s Investors Service changed to positive from stable the outlook on the ratings of Amer Sports as the company saw revenue growth of 29 percent in the year-to-date period ended September 30. Moody’s said, “Consumer demand for sports apparel, footwear and individual ball sports equipment has proven to be stronger than expected across all segments.”
Amer Sports Divests Suunto To Liesheng
Amer Sports has reached an agreement to divest Suunto to Liesheng, a Chinese technology company focusing on the smart & sport wearables electronics segment.
American Pacific Group Completes Investment Into Gym Launch And Prestige Labs
American Pacific Group (APG), a San Francisco Bay Area-based private equity firm, announced that its Fund I has made an investment in Gym Launch and Prestige Labs.
Inside The Call: North America And Digital Power Nike To Q2 Beat
Nike Inc.’s fiscal second-quarter earnings and sales topped Wall Street’s expectations as strong momentum in North America helped offset a steep decline in China. The sportswear giant maintained its guidance for the full year. Major themes on Nike’s analyst call included continued hyper-growth in digital, the Nike One Place reset accelerating Nike’s direct growth, healthy full-price sales, and ongoing, but not-worsening, supply chain disruption.
American Council On Exercise Welcomes New Executives
The American Council on Exercise (ACE) promoted Chris Goudeseune to vice president of operations, and Lauren Shroyer to vice president of product and innovation.
Inside The Call: American Outdoor Brands Fiscal Q3 Sales Impacted By Delivery Timing
American Outdoor Brands reported sales fell 10.5 percent in the fiscal second quarter ended October 31, to $70.8 million. Officials blamed it on the timing of orders from traditional brick-and-mortar channels and underlying demand remains healthy. Brian Daniel Murphy, president, CEO, said certain retail customers accelerated their inventory purchases into the first fiscal quarter to mitigate their own supply chain risk.
American Outdoor Brands Q2 Sales Slide
American Outdoor Brands Inc. reported sales declined 10.5 percent in the second quarter ended October 31.
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