Amer Sports has entered in an exclusivity period with Regent, a U.S.-based global private equity firm, for the sale of the shares and related cycling business of Mavic S.A.S.
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American Baitworks Acquires Southern Lure Company
American Baitworks Co. has acquired Southern Lure Company, one of the pioneering brands in the industry with more than 30 years of experience designing and developing frogs and other products for topwater fishing.
Adidas’ Supply Chain Problems Stunt North America’s Momentum
Adidas warned investors it will miss its 2019 growth target because supply chain bottlenecks in the first half of the year are making it difficult to meet demand. The growth is particularly expected to slow in North America, where it has doubled its business in the last three years to take market share from rival Nike
American Outdoor Brands Provides Bleak Outlook For Firearms
American Outdoor Brands, the parent of Smith & Wesson, reported year-over-year increases in revenue and operating profits in the third quarter ended January 31 with the help of successful promotions, but also delivered a soft outlook going forward with no signs of a pickup in firearms demand.
Preliminary Results See Amer Sports’ Shareholders Favoring Anta Sports Merger
Amer Sports Corp. in a statement that its shareholders had provided overwhelming support for its merger with a consortium led by China’s Anta Sports.
Edelrid North America Appoints New Sales Leadership In The Rockies
Edelrid has appointed Vertical World Sales as its new sales leadership responsible for serving the Rockies Territory, covering Colorado, Utah, Wyoming, and New Mexico.
American Outdoor Brands To Merge Electro-Optics Into Outdoor Products & Accessories Segment
American Outdoor Brands, the parent of Smith & Wesson, reported earnings in the third quarter ended January 31 before charges exceeded guidance as sales grew 2.9 percent year-over-year. But an impairment charge was taken to merge its Electro-Optics division with its Outdoor Products & Accessories division.
Edelrid North America Announces New Vice President
Edelrid, the manufacturer of technical climbing gear, announced the promotion of Blair Williams to vice president of their North American operations, effective immediately.
Crocs’ Americas Sales Jump 15 Percent In Q4
Crocs Inc. reported revenues in the fourth quarter topped Wall Street’s expectations, boosted by healthy double-digit growth in the Americas region. The loss for the company in the period also came in better than expected due to cost-cutting initiatives.
Conversation With Active Brands North America GM Henrik Lumholdt
Henrik Lumholdt, general manager, Active Brands North America—whose portfolio includes Kari Traa, Sweet Protection and Daehlie—spoke with SGB Media at the recent Snow Show about Kari Traa’s auspicious start during the 2015 show, where the sportswear line goes from here and the growth potential the Norwegian company sees for all its brands in North America.
America Outdoors Names Six New Board Members
America Outdoors, an association of outfitters and guides, on Monday announced the appointment of six new members of the board of directors.
Kathmandu Announces North American Sales Teams
Kathmandu, the New Zealand travel and adventure brand, announced new sales representation in the Pacific Northwest, Rockies, and Southwest by The Alta Group, Urban Outdoors, and Pacific Crest Trading accordingly.
Injinji Expands E-Commerce Portfolio In North America
Injinji expanded, the sock specialist, expanded its e-commerce offering in North America to include a Canadian shipping option.
SFIA Participation Report … More Americans Active, But Income Continues to Affect Participation
The annual SFIA Topline Participation Report, the largest sports and fitness participation survey in the U.S., tracking 120 activities at both core and casual levels, reveals all seven major categories (Fitness Sports, Individual Sports, Outdoor Sports, Racquet Sports, Team Sports, Water Sports and Winter Sports) experienced slight growth over the last five years.
Asics Resets Americas Team After Another Challenging Year
Following a year of double-digit declines, Asics America Group (AAG) reported that Koichiro Kodama will replace Gene McCarthy as CEO of the region in a broad management overhaul.
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