H&H Shooting Sports Announces Ownership, Management Changes
H&H Shooting Sports, Inc. announced the appointment of Leroy Ussery as president on July 28, 2016.
NikeLab Reignites Gyakusou Collaboration in Minimalist Run Capsule
NikeLab reignited its NikeLab Gyakusou collaboration with Japanese fashion designer and Founder of Undercover, Jun Takahashi in a new capsule of run-wear drawing inspiration from the 2016 Rio Olympics.
Blink Fitness to Open New Williamsburg, Brooklyn Location
Blink Fitness, announced a new fitness club location in Williamsburg, Brooklyn opening on July 28, 2016.
Russell Athletic Campaign Prompts Teams to #SettleYourScore
Russell Athletic will highlight the untold stories of how teams are formed and foundations for success are established with a national marketing campaign “Team On,” and a #SettleYourScore content series.
Topgolf Opens Near Cincinnati
Topgolf will open its first Ohio location in West Chester on Friday, its 27th location worldwide.
Aventuron Distributes Orange Mountain Bikes in North America
Aventuron, a distributor in the bicycle and outdoor industries, announced a new partnership with Orange Bikes, meaning the product will again be available in the U.S. and Canada.
GNC Replaces CEO After Poor Q2
GNC Holdings, Inc. replaced its CEO Mike Archbold with interim CEO Robert F. Moran, after disappointing second quarter results, with reported revenue decreasing 2.4 percent, or $673.2 million, as compared to the year prior.
Sequential Brands Q2 Revenues up 70 Percent
Sequential Brands Group Inc. reported total revenue grew 70 percent in the second quarter and they expect to earn a minimum of $100 million in royalties this year.
Brunswick Corp. Boosted by Fitness Growth
Brunswick Corporation reported consolidated net sales in the second quarter increased 8.8 percent .
Amer Sports Grows Q2 Sales 6 Percent
Amer Sports grew net sales 6 percent in currency-neutral terms in the second quarter despite taking a big hit at Wilson due to U.S. retail bankruptcies.
Adidas Lifts Guidance Again on Strong Sales
Adidas AG increased its full-year forecast for a fourth time this year after receiving boosts from the Euro 2016 tournament and a payment to bring an early close to a sponsorship deal with England’s Chelsea soccer club.
Cabela’s Q2 Profits Miss Street Targets
Cabela’s Inc. reported earnings adjusted for special items rose 1.7 percent but were two cents short of Wall Street’s consensus target.
GoPro’s Revenues Nosedive 47 Percent
GoPro swung to a quarterly loss of $91.7 million, or 66 cents per share, compared to a profit of $35 million, or 24 cents, in the same period a year earlier. However, adjusting for certain items, the company’s loss of 52 cents was better than the 58 cents Wall Street analysts were looking for.
Callaway Golf Earnings Jump
Callaway Golf Company reported a 6.5 percent increase in net sales in the second quarter and a 140 percent increase in earnings per share.
Chaco Joins Outdoor Industry Women’s Coalition
Chaco has signed on as a member of the Outdoor Industry Women’s Coalition (OIWC).
