Kampgrounds of America (KOA) believes camping will continue to be popular even during volatile economic times. In the July edition of KOA’s Monthly Research Report, the camping industry giant forecasted that 15.93 million households would camp this month.
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Puma Lifts Full-Year Revenue Outlook After Solid Q2
Puma reported stronger than expected second-quarter earnings on “very strong growth” across its product range and raised its revenue outlook for the full-year 2022. Earnings guidance was maintained as Puma warned of uncertainties that could dilute profitability.
Exec: Adidas Slashes FY22 Outlook On Continued China Weakness
Adidas significantly reduced its sales, margin and earnings guidance for the year as it now expects revenues in Greater China to decline at a double-digit rate during the remainder of the year.
Skechers’ Q2 Results Top Guidance
Skechers USA reported profits in the second quarter were down due to lower gross margins as sales grew 12 percent. Results came in easily above Skechers’ guidance, led by the Americas. Skechers maintained its guidance for the year.
Shimano’s Sales Expand 15 Percent In First Half
Shimano, Inc. reported its net income increased 22.4 percent in the first half ended June 30 as sales grew 14.7 percent.
Winnebago Names Newmar Corporation President
Winnebago Industries, Inc. has selected Casey Tubman as president of Newmar Corporation, effective August 1, 2022, reporting to President and CEO, Michael Happe, based in Nappanee, IN.
Luxury Retail’s Momentum Continues Into 2022
Despite record inflation and a plunging stock market, the rebound in luxury spending seen in 2021 has continued into 2022, according to recent reports from Bain and Bank of America (BOA).
Lids Opens New College Retail Concept
Lids announced the launch of Lids University (Lids U), a retail concept for collegiate sports products and apparel.
MLB Officially Allowing Ads On Uniforms In 2023
Major League Baseball (MLB) is moving ahead with plans to add uniform and helmet advertising patches on uniforms next season.
JD Sports Confirms Guidance
JD Sports Fashion Plc announced ahead of its annual general meeting that same-store sales were up 5 percent for the first five months through June while reiterating that sales for the full year would be in line with the record results it set last year.
Thule Group’s Q2 Sales Expand 2.6 Percent
Thule Group reported earnings slipped 6.8 percent in the second quarter ended June 30 as sales grew 2.6 percent. Sales were down 3.4 percent on a currency-neutral basis, including a 4.5 percent decline in Region Europe & RoW and flat sales in the Americas.
Ex-President Of Polar Joins Nix Biosensors Advisory Board
Nix Biosensors welcomed Tom Fowler, former president of Polar, to its advisory board.
Honey Stinger Partners With Ambassador Athlete Cody Townsend
Honey Stinger, the sports nutrition brand, has partnered with professional backcountry skier Cody Townsend as he attempts to ski the fifty most challenging backcountry ski lines in North America. To date, he has completed nearly half of the terrain. “Townsend has been a longtime fan of the brand and has been using Honey Stinger products […]
Honey Stinger Partners With Pro Skier Cody Townsend
Honey Stinger, the sports nutrition brand, has partnered with professional backcountry skier Cody Townsend as he attempts to ski the fifty most challenging backcountry ski lines in North America. To date, he has completed nearly half of the terrain. “Townsend has been a longtime fan of the brand and has been using Honey Stinger products […]
Q&A With Gordon Devin, General Manager, Wilson Sporting Goods
Last year, Wilson Sporting Goods launched its first lifestyle apparel collection and opened its first retail doors. SGB Executive talked to Gordon Devin, general manager, Wilson Sporting Goods, and president of DTC, soft goods and brand, about the moves and future plans.
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