New Adidas CEO Makes Reebok Turnaround His First Mandate
Kasper Rorsted revealed a major restructuring at Reebok, a commitment to sell Adidas TaylorMade by the close of the year, and only some tweaks to the Adidas brand.
Dorel Sports Sees IBDs Pushing Q4 Deliveries Into 2017
With U.S. bike inventories still above normal, Cannondale, GT and Schwinn dealers are expected to delay their model year 2018 deliveries by at least a quarter.
GoPro Blames Bad Q3 On Production Issues; Predicts Return To Profit
Even if GoPro gets past its manufacturing issues, can its new suite of hardware and software re-ignite the action-camera category?
Callaway Golf Takes Advantage Of Nike’s Exit
Callaway hired Nike’s former senior director of golf-ball innovation, while reporting better-than-expected third-quarter results.
Aisle Talk, Week Of October 31
Top headlines from the active lifestyle industry you may have missed this week.
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.
