American Outdoor Brands Corp. announced that its firearms business, Smith & Wesson Corp., has completed the purchase of substantially all of the assets of Gemini Technologies, Inc., known as Gemtech, for $10.0 million.
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Asics America Group’s First Half Sales Decline 6 Percent
Asics America Group (AAG) said net sales decreased 5.9 percent year over year for AAG in the first half. Asics America saw a decrease in net sales of 11.5 percent year over year. The decline was “largely due to market forces and additional retail partner store closings.”
North America Momentum Builds For Adidas
Helped by securing 400 new doors with Dick’s and Foot Locker so far this year, Adidas AG delivered 33 percent growth for the Adidas Brand in the North America region in the second quarter. On a conference call with analysts, Kasper Rorsted, Adidas AG’s CEO, said Adidas Brand has “not had the appropriate distribution” at places like Dick’s and Foot Locker and continues to benefit from greater allocations.
Road Runners Club Of America Announces Summer 2017 Runner Friendly Communities
Eight communities have the “right stuff” of community infrastructure and support plus local government involvement for designation.
Adidas Q2 Sparked By North America And China
Adidas, in line with a recent update, reported earnings from continuing operations rose 16 on a 19 percent revenue gain on a currency-neutral basis. The development reflected a 21 percent increase at brand Adidas as well as a 5 percent increase at the Reebok brand.
Icebreaker Onboards New Leadership In North America
Josh Vaughan takes the helm as head of wholesale in the region, while Trudie Abel becomes the new head of marketing North America, where her office has made three additions to its marketing cadre.
Japanese Outdoor Tech Company Launches In North America
Bonx, founded by snowboarder and outdoorsman Takahiro Miyasaka, is making its formal entry into the U.S. and Canadian markets with new North American Headquarters located in Seattle and a satellite office in Vancouver, Canada.
Amer Sports Q2 Impacted by Restructuring, Sales Set To Pick Up In Back Half
Heikki Takala, president and CEO, told analysts Amer saw strong growth in most of its strategic priority areas. These include apparel, up 22 percent; owned retail, up 25 percent overall with same-store sales growth of 7 percent; e-commerce, vaulting 45 percent; and China, up 20 percent.
Amer Sports Sees Modest Q2 Growth
Amer Sports widened its loss in the second quarter as sales inched up 2.1 percent. On the positive side, strong double-digit growth was seen in its strategic priority areas of apparel, own retail, e-commerce and China.
Luxottica Sees North America Return To Growth In Q2
On a conference call with analysts, Stefano Grassi, CFO, said the wholesale gains were driven by sales to independent opticians and key accounts that more than offset the weakness of the department store and sports channels.
Federal Premium and CCI Sponsors Boy Scouts Of America
Federal Premium and CCI, both owned by Vista Outdoor, are now the Official Shooting Sports Partners of the Boy Scouts of America.
Accell Group Sees Steep Revenue Decline in North America
The decline was due in part of the sale in April 2016 of Seattle Bike Supply, its parts & accessories activities in the region, as well as disappointing sales to multi-sports chains.
Thule Sees European Momentum Offset Softer Americas In Q2
Thule Group’s sales in the Americas region rose 2 percent adjusted for currency fluctuations in the second quarter “in a challenging market,” according to Thule CEO and President Magnus Welander.
Jabra Hires Cheryle Walline As North American Head Of Channels
Jabra, the audio and communications technology specialist, announced the launch of the Jabra One Partner Program and appointment of Cheryle Walline as head of channels, public sector and SME in North America.
Vista Outdoor Announces Extensive Partnership With Boy Scouts Of America
Vista Outdoor is now the official conservation sponsor of the Scouts, while Vista Outdoor brands Federal Premium, CCI, Savage, Gold Tip, CamelBak and Bell have become official partners with the Scouts for Shooting Sports, Archery, Hydration and Wheeled Safety.
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