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HanesBrands Q1 Revenues Expand Double-Digits

HanesBrands, the parent of Champion, Gear for Sports and Knights Apparel, reported sales increased 14 percent to $1.2 billion in the quarter ended April 4, while adjusted operating profit excluding actions increased 16 percent to $133 million and adjusted

Callaway Golf Q1 Revenues Slump 19 Percent

Callaway Golf Company said first quarter 2015 net sales declined 19 percent to $284 million. Most of the decline was expected due to a shift in product launch timing, weaker foreign currency rates and an anticipated decrease in first quarter sales in Japa

Shock Doctor and McDavid Finalize Merger

Shock Doctor Sports and McDavid Inc. jointly announced the finalization of the transaction officially merging the two leading sports protection companies. Financial terms were not released and both companies will continue to operate independently for the

Costa Growth Contributes to Essilor’s Q1 Growth

Essilor International reported strong sales of the Costa sunglasses in the United States and its Bolon brand in China helped drive sales to €1.66 billion for the first quarter ended March 31, up 12.7 percent in currency-neutral (c-n) terms…

RECALL: Trek Recalls Nearly 1 Million Bikes

Trek Bicycle is recalling nearly 1 million bikes sold since 1999 following reports of three injuries, including one which resulted in quadriplegia, according to the Consumer Products Safety Commission (CPSC). Trek attributed the injuries to improper use o

Nike Signs Marcus Mariota

Nike Inc. has signed Marcus Mariota to an endorsement deal. The former University of Oregon Ducks starting quarterback is expected to be a top-five pick the upcoming NFL draft…

Dick’s SG Scales Back Expansion Plans

Citing concerns about cannibalization as well as the ongoing shift towards online spending, Dick’s SG last week sharply lowered its planned store growth over the next three years and its overall fiscal 2017 revenue targets. “We feel based on t

Zalando’s Q1 Results Beat Plan

Zalando SE, the German fashion e-tailer, reported group revenues and adjusted EBIT exceeded expectations in the first quarter, mainly due to a strong start on the spring/summer season across Europe and the UK…