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Nike Eyes North American Recovery In Fiscal Q4

Nike’s sales in the third quarter ended February 28 came in below Wall Street’s targets as container shortages and port delays impeded the North America wholesale business. However, Nike said demand for its products remains strong and inventory flows are expected to improve, with much of third quarter’s miss expected to be made up in its fourth quarter.

American Outdoor Brands Sees Q3 Revenues Nearly Double

American Outdoor Brands Inc. reported net sales were $82.6 million in the third quarter ended January 31, an increase 90.7 percent, over net sales of $43.3 million for the comparable quarter last year, reflecting increases in both e-commerce and traditional sales channels.

Original Penguin Golf Introduces Cameron Smith Scripting For The Players Championship

Original Penguin Golf will debut brand ambassador Cameron Smith’s scripting for The Players Championship. This week at TPC Sawgrass, Smith will wear Original Penguin’s first Spring 2021 release in navy and white with teal, pink, and green accents. A retro-resort aesthetic inspired the collection with its mix of vibrant colors and whimsical prints and pays […]

Original Penguin Golf Debuts Cameron Smith Scripting for 2021 THE PLAYERS Championship

Original Penguin Golf Introduces Cameron Smith Scripting For The Players Championship Original Penguin Golf will debut brand ambassador Cameron Smith’s scripting for The Players Championship. This week at TPC Sawgrass, Smith will wear Original Penguin’s first Spring 2021 release in navy and white with teal, pink, and green accents. A retro-resort aesthetic inspired the collection […]

Nike’s GM North America Exits

Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.

SFIA: Americans Get Active During Pandemic

Americans skateboarded, played tennis, surfed, camped, and played basketball at record highs in 2020, helping reduce inactivity rates to their lowest levels since 2007, according to SFIA’s 2021 Annual Topline Participation Report. While social-distancing requirements decimated team sports participation, recreational or backyard play saw an uptick and strong interest in kids returning to team play.

Asics North America Region Sales Drop In Q4, Rebound Projected For 2021

Asics’s sales in its North American region fell 11.9 percent in the fourth quarter as continued robust online growth was offset by wholesale declines. However, Asics predicted a return to double-digit growth in 2021. Said Richard Sullivan, president and COO of Asics America, in a statement, “We have seen a sustained demand for our products across our owned and partner channels even given the circumstances of the last year.”