Salomon collaborated with Canadian running gear specialist, Ciele Athletics, on limited-edition versions of two Salomon running shoes from its Spring 2022 collection—the Pulsar Trail Pro and Phantasm road running shoe. “Ciele is one of the hottest brands in running today,” said Mike Ambrose, Salomon’s product line manager for North America. “They are authentic, imaginative and […]
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Xponential Fitness’ Sales Surge 73 Percent In First Quarter
Xponential Fitness reported sales grew revenue 73 percent in the first quarter with North America system-wide sales up 70 percent.
Adidas X Gucci Collection To Be Released On June 7
The Adidas x Gucci collection, a sport-inspired ready-to-wear collection, will be released on June 7 in stores and online. First introduced in February during the ‘Exquisite Gucci’ fashion show in Milan, the June launch will include ready-to-wear styles, including Adidas track pants and polos, accessories like bucket hats, duffle bags, and camera bags for men […]
EXEC: Wolverine World Wide Sees Q1 Revenues Top Guidance
Wolverine World Wide reported revenues and operating margin in the first quarter exceeded expectations. Better-than-expected performances by Saucony and Sperry and strong international growth helped overcome shortfalls in its e-commerce operations and at Sweaty Betty. Wolverine reiterated its guidance for 2022.
EXEC: Clarus Corp Overcomes Supply Chain Woes At Black Diamond In Q1
Clarus Corp. reported first-quarter results topped Wall Street targets as strong sales growth in its Precision Sport or ammunition segment and strong North-American sales for Rhino-Rack offset inventory shortfalls due to logistics challenges at Black Diamond.
Xponential Fitness Signs Master Franchise Agreement For Mexico
Xponential Fitness, Inc. announced it has signed a Master Franchise Agreement in Mexico for three of its brands— StretchLab, Rumble and AKT.
Jelenew Appoints Creative Director
American women’s cycling brand Jelenew appointed ex-Chanel designer Di Liu as its creative director.
Obit: B.A.S.S. Founder Ray Scott, Father Of Modern Bass Fishing
Ray Scott, considered the Father of Modern Bass Fishing, passed away on May 8. He was was 88 years old.
Clarus’ Q1 Sales Climb 50 Percent On Acquisitions
Clarus Corporation reported sales jumped 50 percent in the first quarter, which ended March 31, largely due to the acquisitions of Rhino-Rack and MaxTrax. Sales on a proforma basis grew 6 percent. Sales of the Outdoor segment, led by Black Diamond, were impacted by logistics challenges.
Nicklaus Companies Appoints CEO
Nicklaus Companies, a conglomerate of golf-related businesses run and owned by Jack Nicklaus and his family, announced it has hired Phil Cotton as CEO.
Iconix Consolidates Control Of Pony
Iconix International Inc., which secured the North American rights to the Pony in 2015 for $37 million, has acquired the rights to the sneaker brand in the rest of the world, except in China and Taiwan.
Emerald’s Sales Bounce Back In First Quarter
Emerald Holding, Inc. reported revenues of $98.5 million for the first quarter of 2022, an increase of $85.6 million, or 663.6 percent, from $12.9 million in revenue for the first quarter of 2021.
Moncler’s Sales Jump 61 Percent In First Quarter
Moncler SpA posted higher revenue for the first quarter with strength in Moncler and the recently-acquired Stone Island fashion brand.
Patagonia Appoints Marketing Director For EMEA
Tyler LaMotte returns to Patagonia as marketing director for Europe, the Middle East and Africa (EMEA).
EXEC: Adidas Reduces 2022 Expectations Amid China Lockdowns
Adidas lowered its expectations for 2022 after a first-quarter slump as renewed COVID-related lockdowns worsened trends in Greater China. Sales declined 35 percent in the region in the quarter, and Adidas officials now expect sales to decline “significantly” in the key country this year.
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