Mizuno Corp. reported sales grew 7.8 percent in the first quarter ended March 31, driven by growth in the golf business.
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Acon Investments Increases Stake In New Era Cap
Acon Investments has announced closing a single-asset continuation round worth around $700 million to increase its stake in the New Era headwear brand while bringing in new backers. As part of the transaction, Major League Baseball, the National Football League and the National Basketball Association will become minority owners in New Era Cap.
The Athlete’s Foot Announces Joe Delphry’s Seven Store Franchise Transition After 23 Years
The Athlete’s Foot announced that Joe Delphry, a TAF franchise owner since 1999, will be transitioning his seven stores to The Dahir Group, with whom he has shared a long-time friendship.
Introducing the Bodhi from Chaco – the Lightweight Adventure Sandal You’ve Been Waiting For
ROCKFORD, Mich. (Aug. 9, 2022) – Chaco Footwear, the iconic outdoor lifestyle brand, today announced the launch of its highly-anticipated, lightweight, low-profile performance sandal – the Bodhi. The Bodhi sandal features Chaco’s signature pass-through webbing in a minimalist pattern and an adjustable toe loop to keep your foot secure. Weighing in at only 7.24 oz […]
Planet Fitness Sees Q2 Same-Store Sales Jump 13.6 Percent
Planet Fitness, Inc. reported earnings bounced back in the second quarter ended June 30 as system-wide same-store sales increased 13.6 percent.
Mondelez Eyes Untapped Growth With Clif Bar Acquisition
On Mondelez International’s second-quarter analyst call, Dirk Van de Put, chairman and CEO, said the acquisition of Clif Bar & Co. “will improve our position in the attractive and fast-growing snack bar category,” helping expand the company’s global snack bar business to more than $1 billion.
RYU Apparel Adds Board Member
RYU Apparel, Inc. announced that Daphna Edwards Ziman has joined the RYU Board of Directors.
EXEC: Acushnet Hikes Guidance As Supply Chain Constraints Ease
Acushnet Holdings Corp. raised its sales guidance for the year as the parent of Titleist and Footjoy was able to catch up on inventory shortages to drive second-quarter results above expectations.
GoPro Sees Flat Revenue Growth In Second Quarter
GoPro, Inc. announced sales that were essentially flat year-over-year in the second quarter ended June 30 but saw strong subscriber growth and said earnings topped expectations.
EXEC: Adidas Confident About Accelerated Growth In Second-Half
Adidas AG reported currency-neutral sales grew 4 percent in the second quarter, constrained by the impact of last year’s lockdowns in Vietnam, the suspension of operations in Russia and continued COVID-19-related lockdowns in Greater China. Despite expectations for continued macroeconomic pressures, CEO Kasper Rorsted vowed to analysts that Adidas would accelerate growth in the second half.
Gildan Activewear Crushes Analyst Expectations In Second Quarter
Gildan Activewear Inc. reported sales grew 20 percent in the second quarter as activewear sales growth of 27 percent offset an 8 percent decline in underwear and hosiery. Both sales and earnings easily eclipsed Wall Street’s consensus estimates.
Acushnet Raises 2022 Sales Outlook On Robust Second Quarter
Acushnet Holdings Corp. reported second-quarter sales and earnings both easily surpassed Wall Street estimates. The parent of Titleist and Footjoy raised its outlook for sales for the full year while maintaining its profit guidance. David Maher, CEO, said, “The company continues to build momentum.”
Fila Athletes To Debut Deuce Court And Heritage Collections
Fila-sponsored tennis players will debut two new collections timed with the 2022 summer hardcourt swing—the Deuce Court Collection and the latest edition of the brand’s Heritage Collection. Deuce Court Collection Karolina Pliskova, Barbora Krejcikova, Ekaterina Alexandrova, and Diego Schwartzman will wear the Deuce Court collection at the Western & Southern Open final Grand Slam. The collection […]
Fila Athletes To Debut Deuce Court And Heritage Collections
Fila-sponsored tennis players will debut two new collections timed with the 2022 summer hardcourt swing—the Deuce Court Collection and the latest edition of the brand’s Heritage Collection. Deuce Court Collection Karolina Pliskova, Barbora Krejcikova, Ekaterina Alexandrova, and Diego Schwartzman will wear the Deuce Court collection at the Western & Southern Open final Grand Slam. The collection […]
Adidas’ Currency-Neutral Sales Climb 4 Percent In Second Quarter
Adidas AG reported second-quarter results that were somewhat ahead of expectations reflecting continued strong momentum in Western markets and a return to growth in Asia-Pacific. However, a slower-than-expected recovery in Greater China led to a significant reduction in guidance for the year. Results were in line with preliminary results issued on July 26.
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