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American Pacific Acquires SaltStick

American Pacific Group has purchased SaltStick, a Malibu, CA-based provider of electrolyte supplement products designed for high-endurance athletes. American Pacific made the acquisition through its Roadrunner Holdings platform, which it will use to target other sports nutrition brands and related products.

Crocs’ Americas’ Segment Sees Double-Digit Q1 Revenue Growth

Crocs Inc.’s first-quarter earnings slumped on a 5 percent revenue decline as it faced pressure from store closures in March due to COVID-19. Highlights in the quarter, however, included Americas’ revenues increasing 14.4 percent and e-commerce revenues rising 15.8 percent. A steeper decline in sales was forecast for the second quarter.

Nike Names Ann Hebert VP, GM Of North America Geography

Nike Inc. announced senior leadership changes to continue accelerating growth in its flagship market. Effective June 1, Nike veteran Ann Hebert, vice president of global sales, will become vice president, general manager of North America Geography, succeeding long-time executive Tom Peddie who is retiring from Nike.