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Adidas Sees 15 Percent Annual EPS Growth Through 2020
At its Investor Day, the Adidas Group presented a new strategic business plan, "Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a high-single-digit rate on average per year on a currency-neutral basis until 2020 while net income is projected to expand by around 15 percent on average in each of the next five years. The new business plan is built around three major strategic choices: Speed, Cities and Open Source...(3/26/2015)

Lululemon's Same-Store Sales Grew 5 Percent in Q4
Lululemon Athletica Inc. beat consensus earnings estimates in the fourth quarter thanks to net revenue and same-store sales growth of 15 and 5 percent respectively, but disappointed investors with updates to its forecasts for the first quarter and current fiscal year...(3/26/2015)

Implus and Pelican International Honored by MC Sports
MC Sports recognized Pelican International as the Hardlines Vendor of the Year and Implus Corporation as the Softlines Vendor of the Year...(3/26/2015)

Shock Doctor Merges with McDavid
Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. The combination will bring together two leading sports protection and performance companies with complementary product lines and a shared history of innovation and commitment to athletes...(3/26/2015)

Big 5 Acknowledges More Board Nominations
Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the company's board of directors at the annual meeting...(3/26/2015)

New Balance Launches First Soccer Advertisement
New Balance launched the brand’s first football (soccer) advertisement ‘#NBFootball’; aimed at encapsulating New Balance’s approach to the sport. Directed by award winning filmmaker Marie Schuller, the film stars New Balance Football athletes Aaron Ramsey, Adnan Januzaj, Samir Nasri, Fernando Reges, Vincent Kompany, Marouane Fellaini and Jesus Navas...(3/26/2015)

ProdecoTech Acquisition Could Close in April
Paymeon Inc. expects to close on its all-stock acquisition of the remaining 80 percent of e-bike maker ProdecoTech in the next 30 days, the penny stock company disclosed in an annual report filed Thursday...(3/26/2015)

Competitor Group Appoints President
Competitor Group, Inc. appointed Josh Furlow as president, overseeing all of CGI’s global business. Furlow was previously executive vice president of events...(3/26/2015)



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