Mizuno Corp. reported sales in the Americas region rose 1.2 percent in the third quarter and gained 6.6 percent in the nine-month YTD period. Consolidated global sales in the third quarter grew 4.3 percent to ¥55.8 billion
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EXEC: Canada Goose Sees China Weakness Offset North America DTC Strength
Canada Goose reported solid gains in its DTC business in North America in its fiscal third quarter ended December 29, boosted by a 22 percent comparable-store hike in December due to the Snow Goose launch. However, planned wholesale declines and weakness in China led to an overall sales decline in the quarter.
EXEC: Under Armour Cautious on North America’s Return to Growth
Under Armour, Inc. reported third-quarter results that exceeded guidance for the third straight quarter with the help of some recovery in North America. However, Under Armour CEO Kevin Plank declined to forecast a return to growth in the region, with the current priority of driving full-price sales.
Golf VX Enters Franchising Market with First North American Venue
The 12,000-square-foot flagship franchise in Arlington Heights, IL, features 12 golf simulator bays, each with the technology of Golf VX’s T2 simulator with modes for any mix of play, practice and competition.
Amer Sports Sees Return of Former Communications and IR Chief Päivi Antola
Antola is returning to Amer Sports after leading corporate communications and investor relations from 2010 to 2018. She will join the company in April 2025 at the latest.
Modern America Campgrounds Acquires King Phillip’s Campground in Lake George, NY
With the acquisition of King Phillip’s, Modern America Campgrounds will expand its portfolio to 33 parks by the beginning of next season, with a reported three additional acquisitions in the pipeline.
Report: Americans Still Focused on Health and Fitness Goals for the New Year
As the new year begins, a nationwide survey conducted by the Health & Fitness Association (HFA) revealed that health, fitness and exercise remain top-of-mind on Americans’ New Year’s resolution lists.
Amer Sports Sees 2024 Sales Growth and Profit Margin at High End of Guide
The company expects full-year 2024 revenue growth to be at the high end of its previous guidance range of 16 percent to 17 percent growth despite “rising headwinds related to unfavorable foreign currency exchange rate fluctuations in the fourth quarter.”
PGA of America Appoints New CEO
Derek Sprague is the first person to serve the PGA as a past president and CEO. He served as the 39th president from 2014-2016. Sprague succeeds Seth Waugh, who served as CEO from August 2018 to June 2024.
Perfect Moment Receives Non-Compliance Letter from NYSA American Exchange
The letter has no immediate effect on the listing or trading of the company’s common stock on the NYSE American. The company’s receipt of the letter from the NYSE American does not affect the company’s business, operations or reporting requirements with the SEC.
Pallap Padel Enters North American Market with New Distributor
Philip Mintz, president and owner of Pallap Sport USA and the North American distributor of Pallap Padel products, is a Head and Dunlop Racquet Sports veteran with over 30 years of experience leading global racket brands.
Survey: Latin Americans Embrace Fitness Facilities as Key to an Active Lifestyle
The Health & Fitness Association released the 2024 Latin America Fitness Consumer Survey, providing key insights into the fitness culture in major metropolitan areas across Argentina, Brazil, Chile, Colombia, Mexico, and Peru.
EXEC: American Outdoor Brands Execs More Bullish on Future After Retail Line Reviews
The company is betting big on recent positive pre-line meetings and is bullish enough to not only raise guidance for fiscal 2025 ending April 2025, but also lay out solid top-line numbers for fiscal 2026.
Amer Sports Prices Upsized Public Share Offering at $23.00 Per Share
The parent of the Arc’teryx, Salomon and Wilson Sports, brands, among others, has priced its upsized public offering of 40.8 million ordinary shares at a price of $23.00 per share. The closing of the offering is expected to occur on December 6, 2024.
PGA of America Golf Pro and Board Director Earns PGA Master Pro Designation
The highest education designation a PGA of America golf professional can obtain, Steve Parker is a Northern Ohio PGA Section member. He joins a unique group as the 452nd to earn Master Professional status in Teaching and Coaching.
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