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  May 2, 2016
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Adidas Raises 2016 Guidance Again

Adidas raised its guidance for 2016 for the second time in three months on a leap in earnings. Adidas said it now expects currency-adjusted sales in 2016 to grow at a rate of about 15 percent and net profit at between 15 percent and 18 percent... Click for Full Story >>>

More From Inside the Active Lifestyle Market:

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SPORTS/FITNESS

VF Corp' earnings slid 9.9 percent in the first quarter to $260.3 million, or 61 cents a share, but exceeded Wall Street's consensus target of 59 cents. The company retained its guidance for the year. Among its major brands on a currency-neutral basis, The North Face grew 8 percent while Vans gained 2 percent and Timberland increased 3 percent...(4/29/2016)

 

Puma reported a 3.7 percent gain in first-quarter sales with growth across all segments. Net earnings improved 4.0 percent and the company retained its . Kering, the brand's parent, reported the basic details of Puma's results last week...(4/29/2016)

 

Gore-Tex has awarded a total of $20,000 to five expedition teams as part of the Shipton-Tilman Grant program...(4/29/2016)

 

Sagard Capital Partners, L.P. said it acquired an additional 441,311 common shares of Performance Sports Group Ltd. to bring its ownership stake in the company to 6.03 percent...(4/29/2016)

 

Vista Outdoor Inc. named former Escalade Inc. president Robert (Bob) J. Keller as President of its Shooting Sports segment, effective May 9, 2016...(4/29/2016)

 

The World Federation of the Sporting Goods Industry (WFSGI) released the new leadership for the WFSGI Physical Activity Committee, naming Vanessa Garcia Brito, senior director of communications & partnerships at Nike, as the new Chair of the Committee. (4/29/2016)

 

Sequential Brands Group, Inc. announced the launch of And1 basketball footwear and apparel in Walmart stores across Canada and online...(4/29/2016)

 

Kahr Firearms Group promoted Jodi DePorter from regional sales manager to national sales manager, effective immediately... (4/29/2016)

 

Lids Sports Group, New Era, and award-winning country music band Old Dominion have entered into a strategic partnership. The announcement represents Lids' first-ever music partnership, as well as Old Dominion's first with a corporate brand...(4/29/2016)

 

Nathan launched the brand’s 2016 spring hydration campaign, Run Like Water, with a wide range of hydration solutions to drive category sales through education and events... (4/29/2016)

 

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