Second-quarter comparable store sales were reported to be strongest in North America, with 5.7 percent comp sales growth year-over-year. The region also led in organic sales growth.
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EXEC: Salomon Sees North America Q2 Wholesale Cut into 55 Percent Jump in Global DTC
Amer opened 27 Salomon shops in Q2 in Greater China, bringing the total count for the brand to 136 doors. Wholesale sales declined slightly for the quarter, negatively impacted by slower pre-orders in the North America sporting goods and ski channels, which increasingly relies on replenishment orders.
Amer Sports Raises FY Guide as Wilson Returns to Growth, Salomon and Arc’teryx Grow DD
The parent company of the Arc’teryx, Salomon, and Wilson Sports businesses, among others, raised its full-year sales and earnings guidance based on its strong Q2 results. The Wilson brand returned to growth, Salomon footwear posted DD growth and Arc’teryx continued its 30 percent-plus growth.
EXEC: A Look Ahead at Amer’s Q2 Results as Weak China Retail Worries Market
Amer Sports Inc. will report Q2 results tomorrow morning and investors are hoping against hope that the slowdown in China did not have an outsized impact on the company’s performance in the period, and the Arc’teryx brand in particular, which relies heavily on the Greater China market for revenue.
Adidas America Faces OSHA Penalties for Ongoing Hazards at New York DC
Adidas America, Inc. has 15 business days from the receipt of the citations and penalties to comply, request an informal conference with OSHA’s area director or contest the findings before the independent Occupational Safety and Health Review Commission.
The Ironman Group Appoints Managing Director of North America
Keats McGonigal began his career at The Ironman Group as an intern in 2007, rising steadily in responsibilities. In this new role, he leads the North American region’s more than 75 full-time employees and over 55 annual events across multiple sporting disciplines.
Sebago, Kappa Parent Sees Strong Double-Digit H1 Declines in Americas and Asia
The parent of the Sebago, Superga, Briko, Kappa, K-Way, Jesus Jeans, and Sabelt brands posted 2024 first half revenues of €173.9 million, a 3.4 percent decline compared to €180.0 million in H1 2023.
EXEC: Adidas CEO Sets N.A. Growth Focus on Being More American in America
Adidas Group reported underlying sales in North America increased 2 percent on a currency-neutral basis in Q2r and the region is expected to grow in the second half as well. CEO Bjørn Gulden said the focus has to be on being “more American in America” to further accelerate gains in the region.
Helly Hansen Shows American Magic Has What It Takes to Win 37th America’s Cup
Since 1877, Helly Hansen has been the brand trusted by professionals to provide protective, performance-driven gear for the unpredictable and demanding conditions on the seas. This spring/summer ’24, the brand’s global sailing campaign, What It Takes, highlights professional sailing team American Magic in their pursuit to win back the Auld Mug at the Louis Vuitton […]
American Outdoor Brands Promotes Kersker to VP of Outdoor Sales
Kersker joined the company in 2016 as a sales manager and was later promoted to director of sales. Most recently he was the senior director of sales.
Perfect Moment Taps America Eagle Subsidiary as U.S. Distribution Partner
The fashion skiwear and active lifestyle brand has partnered with Quiet Platforms, a wholly-owned subsidiary of American Eagle Outfitters Inc., to establish distribution and order fulfillment centers in key markets across the U.S.
American Bicycle Group CEO Peter Hurley Passes Away
The CEO of the parent company of the Quintana Roo, Litespeed and OBED brands suffered a heart attack following a morning run on Friday, July 19, 2024.
Black Diamond Parent Taps Tripp Wycoff to Lead Rhino-Rack Americas Unit
Former Thule executive Tripp Wyckoff is now general manager of the Americas, David Cook is global head of OEM and Daniel Bruntsch is head of EMEA sales for the segment that manages the Rhino-Rack, Maxtrax, and Tred Outdoors brands.
American Exchange Group Acquires Island Surf Company
Island Surf Company will become a division of White Mountain Footwear, a brand that American Exchange acquired in January 2023. Joe O’Brien will reportedly continue to lead the Island Surf Company brand.
OrthoLite X40, Ultra and 0.11 Originals Insoles Receive American Podiatric Medical Association Seal of Acceptance
Amherst, Mass. (July 9, 2024) – OrthoLite, the global leader of branded, high performance, comfort footwear solutions, is honored to accept the American Podiatric Medical Association (APMA) Seal of Acceptance for its X40, Ultra and 0.11 Originals insoles. According to APMA, this honor is granted to products found to promote good foot health. The Seal […]
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