Amer Sports’ Q1 Earnings Slip
Said Heikki Takala, president and CEO, “In the first quarter, we delivered solid growth despite the soft retail landscape especially in the US.”
Under Armour Posts First Quarterly Loss
Under Armour Inc. reported its first quarterly loss as a public company with North American revenue declining slightly due to stores closed due to bankruptcies. Results still came ahead of Wall Street’s expectations and the company retained its guidance for the year.
Nike Signs 13 NFL Draft Prospects
Nike Football officially welcomed their 2017 rookie class to its roster.
Jordan Brand Signs NFL Draft Prospects
Ahead of the 2017 draft in Philadelphia, Jordan Brand announced the signing of Ohio State safety Malik Hooker and Notre Dame quarterback DeShone Kizer.
GameChanger App Reaches Milestone Of 10 Million Games Scored
GameChanger, the leading digital scorekeeping app for amateur baseball and softball teams acquired by Dick’s Sporting Goods last November, said it officially reached 10 million games scored since launching in 2009.
Roka Partners With British Triathlon
Roka Sports Inc. and British Triathlon revealed a new partnership today that makes the Dallas-based performance multi-sport brand as the Official Swim Category Sponsor of British Triathlon.
HSN’s Mindy Grossman To Lead Weight Watchers
Weight Watchers International Inc. appointed Mindy Grossman as president and chief executive officer effective July 2017.
OutDoor In Friedrichshafen Focuses On Running
At this year’s OutDoor in Friedrichshafen the subject of running will be presented for the first time in a special Running Center, removing the boundaries between trail running and classic running.
Adidas Partners With World OutGames Miami
Making its U.S. debut, the event will welcome LGBTQI athletes from more than 40 countries, many where homosexuality remains illegal and hidden.
Deckers Shares Pop On Acquisition Talk
Shares of Deckers Outdoor Corp. rose $1.81, or 3.1 percent, on Wednesday to $60.55 after it reported it was exploring a sale. The move comes as activist investors had pushed for a sale.
How Bad Were The Tax Refund Delays?
Hibbett Sports Inc., in slashing its guidance for the year, joined a number of retailers finding the delay in tax refunds created a worse-than-expected drag on first-quarter sales.
GoPro Adds Board Member
Susan Lyne is the founder and president of AOL-backed investment fund BBG Ventures and former president of ABC Entertainment.
Ping Acquires Nike Golf Patents
Nike has sold five golf equipment patents to Karsten Manufacturing Corp., the parent of the Ping golf brand, according to a report from the Portland Business Journal.
Hibbett Slashes Guidance On Weak First Quarter
Hibbett Sports slashed its full-year guidance by 30 cents a share as first-quarter same-store sales are expected to decline between 4 percent and 5 percent.
Newton Running’s Danny Abshire’s Exits In Reorganization
Newton Running’s co-founder Danny Abshire has exited the company and Jerry Lee, the company’s other co-founder and original investor, has returned as the firm’s company’s CEO and primary shareholder as part of a reorganization.
