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.
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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.
Accell North America Launches Commerce-Enabled Haibike Website Experience
Accell North America (ANA) has brought more new consumers and fulfillment opportunities to the company’s independent bicycle dealers (IBD) channel with the launch of a commerce-enabled website for the company’s ePerformance mountain bike brand, Haibike.
Hoka One One And Ironman Extend Partnership Across North America And Europe
The new partnership makes Hoka the Official Running Shoes of Ironman North America and Ironman Europe.
Big Day For Americans At Boston Marathon
Desiree Linden, who trains for the Hansons-Brooks Original Distance Project, became the first American woman to win Boston since 1985. She joined a number of American women and men finishing among the top ten in the race.
Salewa North America Appoints Sales And Marketing Director
Salewa North America, which operates the Dynafit, Salewa, Wild Country and Pomoca brands in the United States and Canada, announced a transition in the company’s North American leadership. Dave Drulard was appointed as the new sales and marketing director of Salewa North America.
AKU Footwear Launches North American Ambassador Program
AKU Footwear, the maker of Italian-crafted hiking and trekking boots, is looking for hikers, trekkers and backpackers for the company’s new North American Ambassador Team.
Amer Sports Restates 2017 On Accounting Change
Amer Sports has adopted the new IFRS 15 standard ‘Revenue from Contracts with Customers’ as of January 1, 2018. As a result of the adoption, Amer Sports has restated the 2017 figures by using the full retrospective method.
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