JD Sports Fashion Plc reported same-store sales surged more than 10 percent in the first half of the year as it capitalized on the popularity of athletic footwear in its native U.K. market and Europe. Losses declined at its Outdoor segment, which operates
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Performance Hunting Brands Bagging Market Share
In all the discussion Under Armours’s (UA) stunning new growth forecast Wednesday, many financial pundits opined about the ground the brand has gained against global giants Adidas and Nike. Overlooked was UA’s huge success in the outdoor space
Sportsman’s Warehouse Investors to Sell Shares
Sportsman's Warehouse Holdings, Inc. announced that certain of its stockholders intend to offer 6.25 million shares of the company's common stock in a registered public offering…
Implus Adds Harbinger to Boost Fitness Segment
Implus announced the acquisition of Harbinger, a leading manufacturer of fitness accessories. Harbinger’s lineup includes an assortment of gloves, belts, straps, strength training aids, and functional fitness items. Terms were not disclosed…
Asics Appoints Gene McCarthy to Lead Asics America
Asics announced the pending retirement of Asics America Group President and CEO, Kevin Wulff, and the hiring of industry veteran Gene McCarthy to join the company as the CEO of its largest region, which comprises the U.S., Canada, Mexico, and Brazil. McCa
Former Bauer Chairman Battles for Performance Sports Board Seat
Performance Sports Group (PSG) Ltd. disclosed that W. Graeme Roustan, its former chairman, plans to launch a proxy battle for a seat on the company’s board. The company, which owns the Bauer, Mission, Maverik, Cascade, Inaria, Combat, and Easton bra
Wolverine Worldwide Lowers Q3 Revenue Guidance
Wolverine Worldwide said third-quarter sales would come in below its recent guidance. The company now expects a low-single digit revenue decline after adjusting for the impact of foreign exchange. Revenues are expected to be flat on a currency-neutral bas
JD Sports Same-Store Sales Surge in First Half
JD Sports Fashion Plc reported same-store sales across all its Sports Fashion and Outdoor banners in the United Kingdom and Europe surged by more than 10 percent in the first half ended Aug. 1…
Manchester United’s Nike Revenues Decline in Fiscal Q4
Manchester United PLC reported that Retail, Merchandising, Apparel & Product Licensing revenue was £8.3 million, a decrease 10.8 percent, over the prior year quarter…
Philip N. Duff Acquires Control of Assos, Named CEO
An investment consortium led by former Black Diamond Equipment lead owner Philip N. Duff has agreed to purchase a majority interest in Assos, a Swiss maker of technical cycling apparel…
New Balance Moves into New Headquarters
New Balance on Thursday opened its new corporate headquarters. About 700 employees moved into its new 250,000-square-foot building at the 15-acre Boston Landing development, over the Massachusetts Turnpike in the northwestern edge of Boston…
Report: Adidas Investors Seek Outsider for Next CEO
Some larger investors are encouraging Adidas to seek an outsider to replace Herbert Hainer as CEO because “only an outsider can provide the shakeup the sportswear maker needs to close its longstanding gap with Nike Inc.,” according to a report from Bloomb
Dodge Ski Boots Opens Production Plant
Dodge Ski Boots opened a brand new production facility in Essex, VT.
Verde Brand Communications Hires Scott Kaier
Verde Brand Communications has added veteran outdoor industry and communications professional Scott Kaier…
Biomega Opens US Office in Silicon Valley
Biomega, a premium urban bicycle brand from Denmark, has opened a U.S. office in Santa Clara in California's Silicon Valley…
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