Boosted by robust growth in North America and EMEA region and better-than-expected margins, Columbia Sportswear’s earnings rose 19.5 percent in the first quarter on a 21.7 percent revenue gain. The outerwear mainstay raised its earnings guidance for the year and indicated fall bookings have strengthened.
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EXEC: Puma Delivers Blowout Q1 In North America
Puma delivered 44 percent currency-neutral growth in the Americas region in the first quarter, boosted by the energy around Lamelo Ball’s basketball shoe, the brand’s return to performance running and the recovery in golf.“ Said Bjørn Gulden, Puma’s CEO, on a media call, “I’m very, very proud of the North American numbers.”
Puma’s Q1 Boosted By Americas Momentum
Puma reported earnings rose 11.2 percent in the first quarter on a 23.5 percent revenue gain. Currency-neutral growth of 19.7 percent was led by gains of 44.1 percent in the Americas region and 25.5 percent in EMEA that offset declines in Greater China. The company maintained its outlook for the year.
Bollé Brands Appoints VP Finance And Operations North America
Bollé Brands has hired Peter Moore as senior VP of finance and operations for North America. In his new role, Moore will support the ongoing expansion of Bollé Brands across the Americas.
Thule Opens Second North American Brand Store
Thule officially opened its first Canadian brand store in West Vancouver, BC. Thule Store Vancouver is the second North American brand store opened by Thule in the last six months, with Thule Store Denver opening in June 2021.
NFHS Partners With American Youth Football
American Youth Football, Inc. (AYF), a national youth partner of the National Football League, will require all of its 50,000-plus coaches on its regional/national track to take the new, free “Football Tackling” course introduced on the National Federation of State High School Associations (NFHS) Learning Center last month.
Dunlop Golf Brands Rebrands in North America
In a global alignment strategy, the sports business for Sumitomo Rubber Industries, Ltd. (SRI) will be affiliated under the Dunlop brand umbrella. Currently operating as Srixon/Cleveland Golf/XXIO, SRI’s North American sales company Roger Cleveland Golf Company, Inc. (RCGC), will now be doing business as Dunlop Sports Americas.
Zeal Optics Names North American Director Of Sales
Zeal Optics announced that Jesse Colombo joined the company as North American director of sales, effective March 28. He was at Maui Jim.
Icebreaker Appoints GM For North America
Icebreaker, owned by VF Corp., has hired Noah Bryan as general manager for North America. Most recently, he worked as the senior business development manager for sports and outdoors at Amazon.
American Outdoor Brands Completes Acquisition Of Grilla Grills
American Outdoor Brands, Inc. announced it has completed the acquisition of substantially all of the assets of Grilla Grills, for $27 million in cash.
Nordica Forms North American Sports Marketing Team
Nordica announced it formed a new North American sports marketing team serving the North American race, Freeski and pro communities.
American Outdoor Brands Goes Grilling In Outdoor Push
American Outdoor Brands announced plans to acquire Michigan-based Grilla Grills, a maker of grills and smokers, as part of ramped-up expansion efforts around outdoor lifestyle products. The acquisition comes as a downturn in shooting sports accessories caused a significant reduction in guidance for its current fiscal year. American Outdoor Brands, spun off from Smith & […]
American Outdoor Brands To Acquire Grilla Grills
American Outdoor Brands Inc. announced that it has entered into an agreement to acquire privately-owned Grilla Grills, a provider of barbecue grills, Wi-Fi-enabled wood pellet grills, smokers, accessories, and modular outdoor kitchens for $27 million in cash.
American Outdoor Brands Q3 Revenues Slump, Reduces Guidance
American Outdoor Brands reported sales in the fiscal third quarter ended January 31 slumped 15.1 percent, reflecting a decrease in traditional brick-and-mortar channel net sales. On a two-year basis, sales grew 61.8 percent. The company downwardly adjusted its earnings and sales outlook for the year due to softening demand for firearms products.
Inside the Call: Adidas Looks To Accelerate Market Share Gains In North America
On his company’s fourth-quarter conference call, Kasper Rorsted, Adidas’ CEO, said the North America region spent the last two years focused on “getting a more balanced position between growth and profitability.” Now, the region is set to accelerate top-line growth, aided by DTC expansion, strengthened partnerships with strategic wholesale accounts and numerous collaborations from Jerry Lorenzo to Gucci.
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