Misty Copeland And Dwayne “The Rock” Johnson Address Under Armour Trump Controversy
World-class ballerina Misty Copeland and actor Dwayne “The Rock” Johnson took to social media to oppose flattering comments made by the company’s founder and CEO about President Donald Trump.
Amer Sports’s Q4 Earnings Slide
Results were impacted by sports instruments product launches that were postponed to 2017 due to technical issues, as well as a delayed impact from some fitness product launches.
Skechers Q4 Profits Tumble
Skechers USA reported net earnings plunged 77.4 percent to $6.7 million, or 4 cents a share, although sales came in ahead of guidance.
Puma Predicts Sharp Earnings Gains For 2017
Closing out 2016 with double-digit growth in all regions and fatter gross margins in the fourth quarter, Puma SE offered a bullish outlook for 2017, expecting operating earnings to climb between 33 and 49 percent.
Mizuno Cuts Outlook On Americas Weakness
The Americas region showed an operating loss of ¥1.74 billion in the nine months ended December 31 as sales dropped 24.7 percent.
Mizuno Posts Operating Loss In The Nine Months
Earnings fell sharply and sales more modestly in its nine months ended December 31, impacted by a sluggish performance in the Americas region.
PHIT America Releases ‘The $7 Billion+ Issue?’ White Paper
A new white paper from PHIT America explores to what extent the recent spate of bankruptcies in the sporting goods sector can be traced to fewer people exercising and playing sports.
ISPO Munich 2017 Draws Record Attendance
ISPO Munich 2017, held from February 5 to 8, saw a record of more than 85,000 trade visitors, an increase of approximately 6 percent over last year’s total of 81,368.
Suunto Signs Xterra Champ Josiah Middaugh
In his new role, Middaugh will represent Suunto at races and events, and will contribute content to his bi-monthly Middaugh Coaching Corner at xterraplanet.com.
Hoka One One Adds Six New Athletes
Two-time Olympian and NJ*NY Track Club veteran Donn Cabral is signing with Hoka One One for the first time, and the Hoka-sponsored club is also adding Graham Crawford, Cecilia Barowski, Ce’Aira Brown, Stephanie Van Pelt and Kenyetta Iyevbele.
Under Armour Receives Backlash Over Trump Comments
Under Armour is facing a social media backlash and boycott threats after CEO Kevin Plank on CNBC described President Trump as “an asset.” The brand’s biggest endorser, Stephen Curry, also expressed his dismay over the comments.
Puma Delivers Upbeat Outlook After Strong Q4
Puma reported healthy gains in operating earnings and sales in the fourth quarter that topped Wall Street estimates while predicting a significant hike in earnings in 2017.
Wiivv Acquires Esoles
Through the acquisition, the custom-fit footwear company will have possession of data for over 50,000 3D foot scans.
Eastern Outfitters Blames Bankruptcy On Credit Squeeze
In an affidavit filed in Delaware’s Bankruptcy Court, Mark Walsh, CEO of Eastern Outfitters, discussed the company’s recent liquidity challenges, its Sports Direct deal that will save 1,900 jobs and its close call with all-out liquidation.
Superfeet Names Agency Of Record
The insole brand named Momentum Media PR as the brand’s agency of record, effective immediately.
