Asics announced that Koichiro Kodama will replace Gene McCarthy as president and CEO of the Asics America Group segment.
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Asics’ Operating Earnings Tumble On Americas Weakness
Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region.
Under Armour Struggles To Revive North America Growth
Under Armour Inc.’s fourth quarter came in better than expected in the fourth quarter due to strong growth internationally and fewer promotions. But sales in North America dropped 6 percent and a return to growth isn’t expected in the region until at least the second quarter. Patrik Frisk, president and COO, “When you’ve lost space on the shelf you got to earn it back and it takes a little bit of time.”
Levelwear Partners with Alliance Of American Football
Levelwear, the Canadian athletic apparel brand, has partnered with Alliance of American Football, the newly formed professional football league.
Transformation Efforts Pay Dividends For Amer Sports In 2018
Amer Sports, which is close to completing its mega-merger with China’s Anta Sports, reported a “solid” fourth quarter with slightly lower earnings but improving sales momentum. The gains were led by its Arc’teryx and Peak Performance apparel brands, strong DTC growth, and accelerated growth in China and the U.S.
Amer Sports Delivers 5 Percent Organic Growth In Q4
Amer Sports reported a slight decline in earnings in the fourth quarter. Sales grew 10 percent overall on a currency-neutral basis and 5 percent on an organic basis. Growth was strongest in Apparel, up 41 percent and D2C, ahead 23 percent. Regionally, revenues increased 16 percent in China and 10 percent in the U.S.
The North Face Partners With American Alpine Club
The American Alpine Club, the country’s oldest and largest climbing advocacy organization, in partnership with The North Face will give away $50,000 in grant money to climbers as part of the 2019 Live Your Dream Grants.
PHIT America Partners With Zift
Zift partnered with PHIT America to develop a mobile app that encourages physical activity. The app provides screen time parenting tools, as well as insights and resources to families.
American Media Acquires The Adventure Sports Network From TEN: Publishing
American Media, LLC, the publisher of celebrity journalism, health and fitness, and lifestyle brands, acquired the media assets comprising TEN: Publishing’s Adventure Sports Network (ASN). American Media Active Lifestyle Group will include the 14 adventure and sports brands including Bike, Powder, Surfer, the Transworld titles, and Snowboarder.
Snow Peak Strengthens Its North American Management With Three New Leaders
Snow Peak , the outdoor lifestyle company, announced it has welcomed three new members to its leadership team. Filling the roles of chief financial officer, chief operating officer and senior retail manager, Snow Peak USA is poised to make 2019 a year of major growth.
Foot Locker Introduces ‘Power Store’ Model In North America With New Store In Metro Detroit
Foot Locker Inc. unveiled its newest store model with the opening of a “Power Store” on Friday, Jan. 25, on 8 Mile Road in Eastpointe, MI. With more than 8,500 square-feet of retail space, Foot Locker boasts full-family shopping with a women’s shop-in-shop and a Kids Foot Locker; offering footwear, apparel and accessories for men, women and kids.
Scarpa North America Names KnS Reps As 2018 Sales Agency Of The Year
Based on strong growth and proactive teamwork, Scarpa North America named KnS Reps, its sales team for the Rockies region, as 2018 Sales Agency of the Year.
Head North America Launches Winter Sportswear, Appoints Julia Couperthwait Business Manager
Head on Wednesday announced the launch of Head Winter Sportswear in North America and the promotion of Julia Couperthwait to business manager – Sportswear North America. The announcement was made today by Kevin Kempin, head North American CEO/president.
Puma Establishes New North American Headquarters
As part of its growth, retention and recruitment strategy, Puma North America Inc. announced plans to establish a new North American headquarters in Somerville, MA in 2021. The new headquarters will bring together two Puma offices, currently based in Boston and Westford.
PHIT America Releases “Power of P.E.” Documentary
PHIT America has launched a 28-minute documentary, “Creating Healthier & Smarter Kids: The Power of P.E.,” detailing the negative side effects of physical inactivity. The video will be distributed to P.E. teachers and other school administrators to help highlight the importance of P.E. programs.
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