Vertical World celebrates 30th Anniversary.
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Oofos Renews Xterra America Tour Partnership
Xterra Global LLC, owners and producers of Xterra, announced Oofos will return for its second season as a participating partner of the Xterra America Tour with the launch of the “Oofos Great Descents Series” that highlights the benefits of recovery in an athlete’s journey.
DPS Appoints VP of Global Sales & North American Sales Director
Salt Lake City, UT-based ski manufacturer DPS has added sports industry veterans Sergio Kiehl and Steve Kropf to the brand’s internal sales team. Kiehl has been appointed vice president of global sales, and Kropf has been appointed North American sales director.
Mustad Appoints President, Americas
Mustad and Son, the maker of fishing tackle and accessories, announced that Jordan Davis has accepted the position of president, Americas.
Mizuno Americas Sales Lag, Profitability Recovers
Mizuno Corp.’s sales slid 14.2 percent in the Americas region in its fiscal year ended March 31. But the decline was partly due to efforts to clean up inventories and reduce lower-margin sales that bolstered underlying profitability. Some sales recovery was predicted for the Americas region in the years ahead.
Asics Americas Q1 Sales Drop 27 Percent
Asics Corp.’s sales in the American region fell 26.6 percent in the first quarter on a reported basis and 23.3 percent on a currency-neutral basis, to ¥21.9 billion ($200 mm). The decline was attributed to “weak sales in the U.S.”
Asics’ Q1 Earnings Drop On Weakness In The Americas And Japan
Asics reported net earnings fell 43.2 percent in the first quarter ended March 31. Sales were off 7.4 percent and down 9.4 percent on a currency-neutral basis.
American Alpine Club Announces 2018 ‘Excellence in Climbing’ Honors And Benefit Evening
The American Alpine Club, the country’s oldest and largest climbing and mountaineering member organization, has announced the organization’s 2018 inductees to the Hall of Mountaineering Excellence and the winner of the 2018 H. Adams Carter Literary Award.
Adidas AG’s North American Momentum Continues
Adidas AG said a slowdown in Western Europe and continued weakening the company’s key footwear franchises in the first quarter was more than matched by strong sales momentum overall in North America and Greater China, an accelerating apparel business and strong full-price selling.
Amer Sports Acquires Peak Performance
Amer Sports Corporation has acquired all the shares and related businesses of Peak Performance AB from the Danish fashion company IC Group.
Amer Sports’ Q1 Boosted By DTC, China And Arc’teryx
Amer Sports’ operating earnings before charges rose 14 percent in the first quarter, boosted by robust growth across its DTC channels and in China as well as strong momentum for Arc’teryx, Precor and Sunto.
Amer Sports Q1 Earnings Pick Up
Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.
Zion Armstrong To Replace Mark King As President, Adidas North America
Adidas has appointed Zion Armstrong as president of Adidas North America, effective July 1, 2018. Armstrong succeeds Mark King, who has decided to step down. Armstrong has co-led Adidas North America as general manager together with King since June 2015.
Collaboration: Stio + American Prairie Reserve
Stio + American Prairie Reserve Are Creating A Vision For The Future Of Land Conservation
Puma’s Americas’ Sales Climb Double-Digits In Q1
Puma reported sales grew 15.6 percent on a currency-neutral basis in the Americas region in the first quarter. Overall sales on a currency-neutral basis climbed 21.5 percent.