March 08, 2017
With strong growth across the board from its Adidas brand, the Big a finished a record-breaking year that saw net income soar 52% to €1,017 million ($1.08 bb) from €634 million for the FY ended Dec. 31 on a 14% increase in net sales to €19,291 million ($20.41 bb) from €16,915 million and an energized management significantly raised expectations for its 2020 sales and earnings.
The National Sporting Goods Association signed on to a letter to the House and Senate leadership from the Americans for Affordable Products coalition opposing passage of the BAT.
SQBG and SPR Indústria de Confecção Ltda. (SPR Sports) signed a long-term license for manufacturing and distribution of the AND1, AVIA and DVS brands in Brazil.