Acushnet Debuts In Modest IPO
The parent of Titleist raised $329 million in its initial public offering of 19.3 million shares. The shares were priced Friday at $17, well below the projected pricing range between $21 to $24 per share.
Champion’s Sales Hurt By Bankruptcies
While acknowledging declines at specialty sports channels, sales gains for activewear within mass channels gave officials confidence that the dip will be temporary.
Bauer Extends Long-Term Deal With Henrik Lundqvist
Bauer Hockey inked a long-term extension with Henrik Lundqvist, the Swedish pro hockey player notorious for his position as goaltender for the New York Rangers.
Nike Launches Footwear Design Challenge
The Nike Ease Challence is a $50,000 competition that invites designers, engineers, makers and innovators to advance and reinvent footwear design for athletes of all abilities.
Aisle Talk, Week Of October 24
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 24
The leading figures from this week’s news in the active lifestyle space.
Escalade’s Q3 Earnings Climb
Excluding non-recurring items, earnings improved 45 percent due to a 12 percent sales gains and lower expenses.
Newell Brands Core Sporting Goods Sales Drop In Q3
Pro forma core sales, which exclude the Winter Sports business that is held for sale, declined 3.2 percent compared with prior year, with growth in Pure Fishing more than offset by declines in Coleman
Brunswick Corp. Stung By Cybex Underperformance
While companywide sales grew 10.2 percent to $1.09 billion in the third quarter, they were lower than internal expectations due to weakness in its fitness segment.
Survey: More Americans Plan Sporting Good Holiday Gifts
According to a recent survey from the National Sporting Goods Association (NSGA), 59 percent of Americans plan to purchase sporting goods as a gift this holiday season, up 8 percentage points versus a year ago.
Surf Cup Sports Becomes 100th SDSI Member
San Diego Sport Innovators signed the youth sporting event organizer as its 100th member company.
Skechers Friendship Walk Raises $1.6 Million
The 8th annual 2016 Skechers Pier to Pier Friendship Walk exceeded $1.6 million for children with special needs and education.
HanesBrands’ Q3 Sales Climb Double Digits
The 11-percent gain was driven by core organic Innerwear growth and strong acquisition-related International growth that was partially offset by declines in the Activewear and Direct-to-Consumer segments.
Deckers Brands Reports Slight Q2 Profit Gain
Deckers Brands Inc. reported a slight gain in earnings that arrived at the top end of its guidance. Slightly improved margins and revenue gains at Hoka One One and Sanuk offset declines at Ugg and Teva.
Gildan Activewear Donates To Haiti
Gildan Activewear Inc. is donating $50,000 to assist with the relief efforts in Haiti following Hurricane Matthew.
