SGB Update Sports & Fitness
Amer Sports’s Q4 Earnings Slide
Results were impacted by sports instruments product launches that were postponed to 2017 due to technical issues, as well as a delayed impact from some fitness product launches.
Skechers Q4 Profits Tumble
Skechers USA reported net earnings plunged 77.4 percent to $6.7 million, or 4 cents a share, although sales came in ahead of guidance.
Mizuno Posts Operating Loss In The Nine Months
Earnings fell sharply and sales more modestly in its nine months ended December 31, impacted by a sluggish performance in the Americas region.
PHIT America Releases ‘The $7 Billion+ Issue?’ White Paper
A new white paper from PHIT America explores to what extent the recent spate of bankruptcies in the sporting goods sector can be traced to fewer people exercising and playing sports.
ISPO Munich 2017 Draws Record Attendance
ISPO Munich 2017, held from February 5 to 8, saw a record of more than 85,000 trade visitors, an increase of approximately 6 percent over last year’s total of 81,368.
Suunto Signs Xterra Champ Josiah Middaugh
In his new role, Middaugh will represent Suunto at races and events, and will contribute content to his bi-monthly Middaugh Coaching Corner at xterraplanet.com.
Hoka One One Adds Six New Athletes
Two-time Olympian and NJ*NY Track Club veteran Donn Cabral is signing with Hoka One One for the first time, and the Hoka-sponsored club is also adding Graham Crawford, Cecilia Barowski, Ce’Aira Brown, Stephanie Van Pelt and Kenyetta Iyevbele.
Under Armour Receives Backlash Over Trump Comments
Under Armour is facing a social media backlash and boycott threats after CEO Kevin Plank on CNBC described President Trump as “an asset.” The brand’s biggest endorser, Stephen Curry, also expressed his dismay over the comments.
Puma Delivers Upbeat Outlook After Strong Q4
Puma reported healthy gains in operating earnings and sales in the fourth quarter that topped Wall Street estimates while predicting a significant hike in earnings in 2017.
Wiivv Acquires Esoles
Through the acquisition, the custom-fit footwear company will have possession of data for over 50,000 3D foot scans.
Superfeet Names Agency Of Record
The insole brand named Momentum Media PR as the brand’s agency of record, effective immediately.
UA Releases Statement Following Kevin Plank’s White House Visit
The statement reads in part, “We have teammates from different religions, races, nationalities, genders and sexual orientations; different ages, life experiences and opinions. This is the core of our company.”
Fanatics’ Cole Gahagan To Kick Off Licensing Expo 2017
Cole Gahagan, chief commercial officer of Fanatics Inc., will deliver the opening keynote address at Licensing Expo 2017.
Pro Performance Sports Appoints President And COO
Prior to joining the parent company of Sklz, Pro Mini and Sport-Brella brands, Tim Wiseman was VP of emerging markets at Nike.
