Puma Appoints New North America President
Puma appointed Bob Philion, formerly head of Cobra Puma Golf, as president of Puma North America. Last November, Puma announced that the region’s long-time CEO, Jay Piccola, would retire, mid-2017.
VF Issues Soft Guidance For 2017
VF Corp. reported fourth-quarter earnings were down, in line with guidance. Among its major brands in the quarter, North Face was down 8 percent, Vans grew 14 percent, and Timberland gained 4 percent. The company provided a weak outlook for 2017.
Under Armour Signs French Olympic Judo Champion
The two-time Olympic gold medallist will be the face of Under Armour’s expansion into France, where it has recently opened a new Paris headquarters.
Performance Sports Group Completes Inaria Sale
The developer and manufacturer of sports equipment and apparel completed the previously announced sale of its soccer uniforms assets marketed under the Inaria brand name.
Report: 2026 World Cup Could Have Multiple Host Countries
The 2026 soccer World Cup could be split between up to four countries, FIFA President Gianni Infantino said on Thursday.
Serena Williams And Muhammad Ali To Receive Jesse Owens Awards
The International Athletic Association (IAA) named Serena Williams and Muhammad Ali as the recipients of the awards, which recognize athletes who exemplify integrity, perseverance and service.
Marucci Sports Acquires Victus
Marucci Sports has acquired Victus Sports, a custom wood bat manufacturer and Big League bat supplier.
HanesBrands Distribution Center Achieves Safety Milestone
HanesBrands, the parent of Hanes, Champion and Gear for Sports, stated that its Cleveland Distribution Center, located in Kings Mountain, NC, was one of 34 facilities in the state of North Carolina to achieve 2 million employee hours without injury in 2016.
Nike Commits $1.5 Million In Grants From Nike School Innovation Fund
The Nike School Innovation Fund is awarding 100 Oregon high schools a total of $1.5 million in grants with the goal of increasing graduation rates, closing the achievement gap and helping all students in Oregon prepare for future success.
Usain Bolt To Retire
Sprinter Usain Bolt, Puma’s star athlete, will retire at the age of 30 following the world championships in London in August 2017.
Canada Goose Looks To Ramp Up Expansion With IPO
In its IPO prospectus, Canada Goose said it plans to continue its rapid growth by expanding into the Mid-Atlantic, Midwest and Pacific Northwest, moving into categories from knitwear to bedding and expanding online with its own stores and overseas.
Shimano Group’s Q4 Impacted By Cycling Weakness
Shimano Group saw operating earnings in the fourth quarter slide 19.6 percent to ¥16.1 billion while net sales dropped 11.4 percent to ¥81.3 billion.
Asics Lifestyle Apparel On The Rise?
The successful relaunch of Asics Tiger two years ago has led to its newest iteration, a premium apparel collection that continues to highlight the Japanese brand’s lifestyle business.
January Retail Sales Expand 3.8 Percent
Sporting goods stores’ sales increased 1.8 percent seasonally adjusted over the previous month and decreased 3.7 percent unadjusted year over year.
Polar Signs Will Leer As Ambassador
Polar, a manufacturer of wearables, welcomed USA Track & Field champion Will Leer to its team.
