Article From：SGB Media Yue Yuen reported profits grew 3.7 percent in the first quarter despite a 4.0 percent decline In revenues, mainly dragged by weak sales at its Pou Sheng retail chain. Revenue Analysis The Group recorded revenue of U...

Article From：Front Office Sports Peloton has officially teased its new rowing machine, adding to its lineup of bikes and treadmills. The announcement comes one week after the fitness company released third-quarter earnings, reporting $964...

Article From：SGB Media Amer Sports and Liesheng have completed the transaction in which Amer Sports divests Suunto to Liesheng, the Chinese technology brand. Amer Sports said in a brief statement, Amer Sports strategy is to focus on devel...

Article From：SGB Media Outdoor Retailer said more than 550 brands are exhibiting at Outdoor Retailer this summer in Denver, CO with over 20 percent representing new exhibitors. The event will be held at the Colorado Convention Center in D...

Article From：SGI Europe Skechers has donated over $8 million to date from sales of its Bobs collection to save and help over 1.5 million animals in need across the U.S. and Canada. In addition, the brand plans for a registration drive at...

Article From：Front Office Sports Peloton and iFIT the maker of NordicTrack have settled their legal disputes against one another over alleged patent infringement. The settlement of all pending litigation marks the end of a checkered histo...

Article From：SGB Media Adidas AG and Foot Locker, Inc. announced a new partnership built around product, elevated and deeper consumer connectivity. This makes Foot Locker Adidas its lead partner in the basketball category. The also includ...

Article From：SGB Media Adidas reported continued double-digit growth in Western markets in the first quarter, but overall sales were down 3 percent on a currency-neutral basis due to supply chain disruptions and a 35 percent tumble in Gre...

Article From：Front Office Sports Under Armour suffered a net loss in the fourth quarter of the 2022 fiscal year and posted a 2023 financial outlook that appeared less than impressive for investors. After the numbers were released on Frida...

Article From：Just Style The new Tree Flyer performance running shoe from Allbirds is said to have a carbon footprint of 9.92 kg CO2e, all of which is offset to zero. Created at what Allbirds calls the intersection of innovative technology...

Article From：SGB Media Up against last years stimulus-fueled comps, footwear industry unit sales and revenue declined in the first quarter of 2022 versus the previous year, according to The NPD Group. U.S. footwear sales revenue fell by 3...

Article From：SGB Media Kampgrounds of America, Inc.s (KOA) 2022 North American Camping Report* found that 57 million households reported going on at least one camping trip in 2021, an 18 percent increase compared to 2020 and the greatest...

Article From：SGB Media According to The NPD Group, baseball, lacrosse, soccer, and racquet sports equipment sales increased 19 percent in the first quarter year-over-year and grew 35 percent higher than in 2019. NPD said the categories re...

Article From：SGB Media Patagonia, The North Face and Levis are the brands most committed to fashion circularity, according to management consulting firm Kearneys 2022 Circular Fashion Index.* The study found only 7 percent of brands regul...

Article From：Front Office Sports Peloton is pursuing potential investors that could acquire a stake of around 15% to 20% in the fitness company, according to The Wall Street Journal. No deal is imminent, but the fitness giant is looking t...

Article From：Front Office Sports Coca-Cola reported $10.5 billion in first-quarter revenue, beating analysts estimates of $9.83 billion. The companys sports drinks segment, which includes BODYARMOR and Powerade, grew 22% during the quarte...

Article From：SGB Media Building on the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, Lululemon Athletica, Inc. announced a new Power of Three 2 growth strategy that includ...

Article From：SGB Media Today, Canada Goose is introducing Kind Fleece, a material made from recycled wool and bio-based fibers. Kind Fleece is a breathable fabric made with 62 percent recycled wool, 18 percent wood-based Tencel Lyocell, a...

Article From：SGB Media Li-Ning posted a nearly 30 percent year-on-year increase in retail sell-through in the first quarter of 2022. In terms of channels, offline, including retail and wholesale, registered a mid-twenties growth, with ret...

Article From：SGB Media Xponential Fitness, Inc. announced a collaboration with Lululemon to create original fitness content for Mirror, the retailers smart home gym equipment. Four of Xponentials brandsAKT, Pure Barre, Rumble, and YogaSix...