Puma SE said it scrambled to catch up to a fashion shift toward bulkier footwear to enable it to continue its robust top-line momentum. But due to higher marketing expenses to maintain that growth, Puma wasn’t able to lift its profit outlook for the year.
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Under Armour See North American Rebound
Under Armour Inc. reported a steep loss in the second quarter after restructuring activities and said the company had planned to spend an additional $80 million on restructuring efforts this year. The loss before charges was in line with Wall Street’s expectations. Sales were ahead of expectations as North American sales grew for the first time in a year.
Amer Sports Sees Modest Growth In Q2
Amer Sports reported a slightly higher loss on a modest sales gain in the second quarter, the company’s smallest quarter of the year. Amer still expects a “solid” second half, driven by up to double-digit pre-order growth in Winter Sports Equipment, Arc`teryx, Sports Instruments and strong expected order position in Precor, which just won the company’s largest ever customer contract.
Starter To Sponsor Alliance Of American Football
Starter has signed as as the official on-field apparel and game-day uniform supplier to the Alliance of American Football when the alliance debuts in February 2019 as part of a multi-year deal with G-III by Carl Banks.
HeiQ Partners With Concept III In North America
HeiQ Materials has announced a partnership with Concept III to strengthen the sales and support to the company’s brand partners in North America.
Reasonworx Partners With Clim8 To Develop North American Brand Technology Partnerships
Reasonworx, the product development firm based in Salt Lake City, announced a new partnership with Clim8, a France-based intelligent thermal technology company.
Kathmandu Appoints Bill Chandler As VP Of Sales And Marketing North America
Kathmandu, the outdoor brand from New Zealand, on Monday announced the appointment of Bill Chandler to the newly created position of vice president of sales and marketing, Kathmandu North America.
Retailers Go Digital With Saucony’s Great American Running Store Challenge
Earlier this month, Saucony launched the Great American Running Store Campaign, honoring retailers and local communities throughout the U.S., encouraging consumers to “Run Big and Shop Small.” A unique digital extension of the campaign is a FitRankings-powered digital challenge, which will place retailers in a real-time, head-to-head competition for miles from July 11-July 21.
Scarpa North America Names Melanie Hood Marketing Manager
Scarpa North America, maker of footwear for the full range of mountain sports, has named Melanie Hood as the company’s marketing manager.
Rod, Line, Fly … Interview With Tenkara USA Founder And North American Tenkara Expert Daniel Galhardo
Rod, Line, Fly … Interview with Tenkara USA Founder and North American Tenkara Expert Daniel Galhardo
Amer Sports Completes Peak Performance Acquisition, Appoints Board Member For Apparel
In conjunction with the acquisition to support growth across its apparel brands Arc’teryx, Salomon and Peak Performance, Jon Hoerauf, general manager Arc’teryx, has been appointed president Amer Sports Apparel Category and member of Amer Sports executive board.
Differential Brands Group to Acquire Majority Of North American Division Of Global Brands Group
Differential Brands Group Inc., which owns Hudson, Robert Graham and Swims, entered into a definitive purchase agreement to acquire the North American licensing business of Global Brands Group Holding Limited for $1.38 billion.
NRF Calls Supreme Court American Express Ruling Missed Opportunity
The National Retail Federation said the U.S. Supreme Court’s decision in favor of American Express rules that prevent retailers from encouraging the use of other credit cards with lower processing fees will perpetuate a system that costs merchants and consumers billions of dollars a year.
Trijicon To Acquire AmeriGlo
Trijicon Inc., the provider of aiming solutions for the hunting, shooting, military and law enforcement markets, announced that it has entered into an agreement to acquire AmeriGlo, a leading supplier of U.S. made night sights.
Nautilus Appoints Jay McGregor General Manager, North America Retail
Nautilus Inc. named Jay McGregor vice president, general manager, North America retail.
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