SGB Update

High Intensity Interval Training Leads Fitness Trends Survey

High Intensity Interval Training (HIIT) is forecast as next year’s most popular trend in fitness, according to a survey from American College of Sports Medicine (ACSM). Also in the top five were group training, wearable technology, body weight training and strength training.

Columbia Sportswear’s Q3 Tops Estimates

Columbia Sportswear’s third-quarter earnings improved 5 percent on flat revenues. Sales were boosted by its European wholesale and U.S. direct-to-consumer businesses. Improved operating profitability outside the U.S. supported earnings gains.

Deckers Brands Lifts Guidance On Strong Q2

Deckers Brands reported earnings and sales that came in well ahead of guidance in its second quarter ended September 30. Ugg’s sales were down 2.9 percent while Hoka One One jumped 34.4 percent and Teva grew 24.9 percent.

Goldwin Acquires Minority Stake In Woolrich International

Goldwin Inc. has acquired a minority stake in Woolrich International as part of a new industrial and financial partnership. The alliance includes the development of a new and premium outdoor collection designed with Goldwin’s state-of-the art technology.

Brunswick Corp’s Sales Q3 Climb 4.4 Percent

Brunswick Corporation’s consolidated net sales increased 4.4 percent in the third quarter. Net sales for the Marine Engine segment increased by 7 percent, the Fitness segment grew 2 percent and the Boat segment inched up 0.7 percent.

Amer Sports Returns To Growth In Q3

Amer Sports returned to growth on a currency-neutral basis in the third quarter as a 7 percent gain in the Asia Pacific region and a 4 percent climb in the EMEA region offset a 1 percent slide in the Americas. The gains were driven again by apparel, own retail, e-commerce and China.

Nike Accelerating Consumer-Led Transformation

Nike Inc. hosted its 2017 Investor Day today, which provided an overview on how the company is accelerating its next phase of long-term, sustainable and profitable growth. Fueled by the Consumer Direct Offense, the company stated during the investor meeting that it expects to drive high-single-digit revenue growth, expanding margins and mid-teens earnings per share growth on average over the next five years.

Nike Sees Mid-Teens EPS Growth Over Next Five Years

At its Investor Day held at Tiger Woods Center at its Portland headquarters, Nike officials said they expected earnings per share to grow in the mid-teens on high-single-digit revenue growth over the next five years.