January 30, 2017
The fitness device maker warned that sales for the fourth quarter would come in at $572-$580 million, well short of its previous guidance of $725-$750 million, and that it would record a non-GAAP loss of $0.51 to $0.56 per share where it had expected to show a $0.14 to $0.18 profit.
After years of study, the National Operating Committee on Standards for Athletic Equipment finalized revisions to its football helmet standards that limits the maximum rotational forces that are believed to cause most concussions in the sport.
Hoping to capitalize on the outdoor industry’s growing disaffection with political trends in Utah, Colorado Governor John Hickenlooper is again hoping to lure the Outdoor Retailer Show to join the SIA Show in Denver at the Convention Center there.
The venerable golf brand listed $1-10 million in assets and liabilities in its initial filing and indicated that it expects to have funds available to pay unsecured creditors.
The footwear e-tailer took its websites, which include OnlineShoes.com and ShoeME.ca as well as Shoes.com, offline today and is reportedly discontinuing operations.
Just a week after President Trump met with CEO Kevin Plank, Under Dog released its first U.S.-made line of women’s leggings and bras made in the UA Lighthouse that is tasked with developing advanced manufacturing techniques for sneakers and apparel that will enable it to produce in the U.S.
The sneaker market reached $17.5 billion in retail value, an increase of 3%, according to data compiled by NPD Group, with unit sales up 3% and ASPs flat at $60.61 indicating unit sales of about 290 million pairs.