A massive $1,452.0 million impairment charge in the final quarter sent MODG’s net loss soaring to $1,512.7 million from a loss of $77.1 million a year ago on revenues that increased 3% to $924.4 ...
The two footwear rivals have agreed to settle all patent infringement claims and counterclaims over the Nitro trademark and patents, according to a filing in WA district court, asking the case be ...
The outdoor co-op inked a long-term sale-leaseback agreement with NY-based real estate investment firm Madison Capital for its four Class A distribution center properties. Madison paid $230 million ...
Pacific Market Int’l. (dba Stanley) is being sued by Stanley Black & Decker in CT district court, accusing the drinkware ma ...
The Chinese sportswear giant is collaborating with the Hong Kong Research Institute of Textiles and Apparel and the China Textile Academy on several research projects meant ... Log in to view full ...
Canadian Tire Corp., which has owned the Norwegian outdoor, sailing, and workwear brand since 2018, will receive C$1,276 million ($900 mm) from the parent of Wrangler and Lee for 100% of the company ...
The orthopedic footwear maker has agreed to pay $175,000 to settle Federal Trade Commission charges that it misled consumers about its pain-relief claims. Gravity Defyer advertised that their footwear ...
Lids promoted its SVP finance, Greg Cox to chief financial officer, overseeing finance, loss prevention, human resources, and information technology departments.++++Authentic Brands Group tapped ...
Capping a year of modest growth, industry imports jumped 15% in the final quarter, led by sneakers and apparel, as brands and retailers rushed to get product landed ahead of trade disruptions and ...
The category’s recovery to end 2024 was short lived, as Jan. adjusted sales of sporting goods/hobby/book and music stores fell 4.1% to $8,044 million from $8,387 million and dropped 4.6% from Dec., ..
REI Co-op hired Nike’s senior director of engineering for global technology, Vignesh Pratap as its new VP of enterprise systems.++++Katadyn hired two outdoor industry veterans, Brook Hopper as ...
Net income was down 14% to $132.3 million from $153.3 million in the final quarter as sales grew 5% to $821.5 million over $782.7 million and were up low-double digits backing out the Under Armour ...