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Snowsports Industries America Releases 2018/19 Participation Study And Snow Sports Participation Insights Report

Park City, UT, November 5, 2019—Today, Snowsports Industries America (SIA) released its annual SIA Participation Study alongside a new Snow Sports Participation Insights Report. The 2018/19 SIA Participation Study is a comprehensive look at participants in winter sports across the 2018/2019 season including skiing, snowboarding, cross-country skiing, snowshoeing, sledding and winter fat biking. The study […]

Asics North America Sees Third Consecutive Quarter Of Growth

The third quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive quarterly and year-to-date growth driven by increased traffic to both online e-commerce, retail channels, according to a statement from Asics North America.

Asics’ North America Sales Flat In Q3

Asics showed a loss of ¥1.74 billion ($16.1 mm) in the North America region in the third quarter against a loss of ¥534 million a year ago. Sales in the quarter dipped 0.1 percent to ¥21.17 billion ($196 mm) from ¥21.19 billion.

Crocs’ Q3 Powered By Gangbuster Wholesale Growth In The Americas

Led by the Americas region, Crocs Inc.’s Q3 earnings nearly tripled on a 19.8 percent revenue gain. Full-year revenue guidance was raised to 11 percent to 12 percent growth over 2018. The comfy footwear maker also provided initial guidance for 2020, projecting growth would accelerate to between 12 percent and 14 percent.

Asics Takes Equity Stake In Dreamers Fund

Asics Corp. announced that its investment subsidiary Asics Ventures Corporation took an equity stake in Dreamers Fund, which invests primarily in early-stage startups in the U.S. Asics Ventures will be a limited partner in the fund.

Five Below Leads Nerd Street Gamers Funding Round

Nerd Street Gamers, the esports infrastructure company dedicated to building the facilities (Localhost) that house leagues, training camps, tournaments, and showcases on professional-grade equipment, has completed a $12 million Series A financing round. Philadelphia-based retailer Five Below led the round.