Audax Private Equity Acquires Revolution Dancewear
Audax Private Equity partnered with management to acquire Revolution Dancewear, a leading global supplier of dance recital costumes, competition costumes, footwear and dancewear.
Wahoo Fitness Finds investor
Norwest Equity Partners (NEP) has made a significant investment in Wahoo Fitness, a technology-focused fitness company that specializes in smart training products such as indoor bike trainers, GPS bike computers, apps and sensors for cyclists, runners and fitness enthusiasts.
SFIA Announces 2018 Future Industry Leaders Scholars
Winners include Jordan Buchsbaum (sports marketing manager, Under Armour), Doug Buser (senior director of marketing & business development, Volt Athletics), Ben Connery (director of specialty sports, BSN Sports), Michael Lysaught (strategic account manager, SKLZ), Karen Menez (director of communications, Asics America) and Gabe Nagelkirk (senior product manager, Xenith).
Mitre Replaces Nike As FA Cup Ball Supplier
The English Football Association has entered into a partnership with British football equipment manufacturer Mitre. Mitre replaces Nike.
Callaway Golf Hikes Outlook On Above-Plan Q2
Callaway Golf Company lifted guidance for the year after reporting second-quarter results came in well above expectations.
GoPro Sells 30 Millionth Camera, Tops Estimates In Q2
GoPro Inc. reported a loss of $20.8 million, or 15 cents per share, for the second quarter ended June 30, compared to a loss of $12.9 million, or 9 cents per share, in the same period a year ago. The net loss beat Wall Street estimates by 7 cents.
Leonardo DiCaprio Invests In Sustainable Footwear Brand Allbirds
Allbirds announced that that Academy Award-winning actor and environmental activist Leonardo DiCaprio has become the company’s latest investor.
Respect Your Universe Opens First U.S. Store
RYU Apparel Inc., creator of urban athletic apparel, announced the opening of the company’s first U.S. retail store and the debut of ‘Your Universe’ campaign.
Unifi Elects Board Member
Unifi Inc. announced the election of Eva Zlotnicka to the Board of Directors.
Fox Factory Raises Fiscal Guidance After Solid Q2
Fox Factory Holding Corp. on Thursday reported adjusted net income of $21.9 million, or earnings of 56 cents per diluted share, compared to $15 million, or 39 cents earnings per diluted share in the same period last fiscal year. The company reported that sales increased 29.8 percent to $156.8 million from $120.8 million in the same period last fiscal year
Olin Corp Posts Profit Against Loss
Olin Corp, the parent of Winchester, reported second quarter 2018 reported net income was $58.6 million, or 35 cents per share, which compares to the second quarter 2017 net loss of $5.9 million, or 4 cents, a year ago.
Unifi Delivers 6 Percent Revenue Gain In June Quarter
Unifi Inc.’s earnings climbed 11.7 percent in the fiscal fourth quarter ended June 24 as sales grew 5.9 percent. Adjusted earnings were down due to higher raw material costs.
Gildan Activewear Raises Outlook On Improving Q2
Gildan Activewear reported an earnings gain of 1.2 percent in the second quarter as a 6.8 percent sales gain and expense controls offset lower gross margins. The company slightly raised its outlook for sales and earnings for the year.
Acushnet Sees Double-Digit Gains In Q2
Acushnet Holdings Corp., the parent of Titleist and Footjoy, reported earnings rose 20.9 percent in the second quarter ended June 30 on an 11.7 percent revenue gain.
Sturm Ruger’s Earnings Jump In Q2
Sturm, Ruger & Company Inc. reported earnings rose 48.9 percent in the second quarter while sales declined 2.7 percent.
