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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.

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.”

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 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.