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  May 5, 2016
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Adidas Delivers Robust Q1, Seeks Sale of TaylorMade

Adidas Group, in line with an update provided last week, reported first-quarter earnings from continuing operations jumped 38 percent on a 16.8 percent sales gain. The big news was that it had decided to sell the TaylorMade brand, as well as Adams and Ashworth golf brands... Click for Full Story >>>

More From Inside the Active Lifestyle Market:

SGB

APPAREL

FOOTWEAR

HOOK/BULLET

OUTDOOR

SPORTS/FITNESS

Fox Factory Holding Corp. reported its bike product sales surged 26.7 percent in the first quarter ended April 1 compared with the year earlier quarter...(5/4/2016)

 

Fitbit Inc. reported sales jumped 50.1 percent in the first quarter, to $505.4 million. Earnings declined on both a reported and adjusted basis due to a hike in operating expenses... (5/4/2016)

 

Scheels plans to open location in The Colony, TX...(5/4/2016)

 

Surftech, the maker of surfboards, announced that industry veteran John Vance will be joining the company as CEO starting May 9...(5/4/2016)

 

Zumiez Inc. reported comparable sales decreased 6.0 percent in April. The retailer also said earnings in the first quarter would come in at the low end of guidance...(5/4/2016)

 

Dollamur Sport Surfaces signed a four-year agreement with USA Wrestling to serve as the official mat provider... (5/4/2016)

 

Gildan Activewear Inc., the parent of Gildan, Gold Toe, Anvil and Comfort Colors, reported earnings on an adjusted basis rose 20 percent in the first quarter due to margin gains while announcing its acquisition to acquire Alstyle Apparel LLC...(5/4/2016)

 

Leatherman Tool Group, the world’s largest manufacturer of multi-tools, added Susan Dinesen as director of sales in specialty markets and Carie Behe as marketing manager... (5/4/2016)

 

Sales of Liberty Safe gun safes rose 12.0 percent in the first quarter, while sales of Ergobaby infant carriers fell 6.1 percent in a reversal of trends a year ago, according to Compass Diversified Holdings Inc...(5/4/2016)

 

Vestis Retail Group, which filed for bankruptcy in mid-April, has retained A&G Realty Partners to manage the sale of the retail stores and office and distribution center leases of Sport Chalet...(5/4/2016)

 

* * * Market-Specific News and Information Sections * * *

SGB

APPAREL

FOOTWEAR

HOOK\BULLET

OUTDOOR

SPORTS\FITNESS

 
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