Dragon Names Jim Flanagan As Region VP Of Sales
The action sports eyewear brand named Jim Flanagan as its new region vice president of sales for the U.S.
Callaway Golf Lifts Guidance As Q3 Beats Plan
The quarter was marked by a 6.9 percent increase in net sales, continued benefits from its operational improvements and a lower-than-expected net loss.
GoPro Sales Tumble; Swings To Q3 Loss
The action-camera company’s third quarter sales fell 39 percent and earnings took a hit on lower margins. It expects to return to profitability in 2017.
Amer Sports Gets New Americas GM
The parent company to Wilson, DeMarini, Louisville Slugger, Salomon, Arc’teryx, Atomic, Suunto, Mavic and Enve brands promoted Bill Kirchner to vice president and general manager – Americas.
Under Armour Teams Up With Youth Flag Football
Under the Lights is a non-contact league that brings together thousands of participants (K-10th grade) to compete and learn about the game of football.
Flat Sales, Rosy Outlook At Fox Factory’s Bicycle Segment
Company executives expect bike manufacturers to buy more of its Fox forks and shocks and Race Face and Easton components, despite a slowdown in the dealer market.
Spartan Race To Open First Gym
The obstacle race organization said it’s partnering with luxury-lifestyle hotel brand 1 Hotel in South Beach, FL to open its first ever Spartan Gym.
Can Fitbit Keep Up The Pace?
Officials cited challenges in the Asia-Pacific region, some softening of demand and production issues with the new Flex 2 wristband for a weak year-end outlook.
The North Face Donates $10K To Big City Mountaineers
The gift will help introduce underprivileged urban youth to the outdoors through wilderness mentoring experiences.
Gaiam And Heelys Drive Sequential Brands’ Q3
Although the company beat and met Wall Street’s top- and bottom-line expectations for the quarter, investors pounced on weaker full-year earnings projections.
Gildan Activewear Lowers 2016 Guidance, But ‘Very Bullish’ For 2017
Despite missing Wall Street’s revenue and profit estimates, plus lowering full-year guidance, investors were encouraged by Gildan’s 2017 outlook to send the stock up.
Anta Signs Manny Pacquiao
The Chinese sportswear brand hopes signing the boxer will improve its brand influence across the globe, as well as help strengthen its presence in the training and boxing market.
Sequential Brands’ Q3 Boosted By Acquisitions
Earnings grew 50 percent on an adjusted basis with the the help of healthy contributions from core brands Jessica Simpson, William Rast and Heelys as well as a number of recent acquisitions.
Adidas Q3 Earnings Climb 15.3 Percent
Adidas AG reported strong third-quarter results, helped by double-digit sales increases in its performance business and at its urban wear units Adidas Originals and Neo. The company also announced plans to restructure its Reebok brand.
Gildan Activewear Lowers Guidance On Q3 Shortfall
Gildan Activewear Inc. slightly lowered its guidance for the year due to lower than anticipated results in the third quarter and tempered branded apparel sales expectations in the fourth quarter.
