July 21, 2017
The international sports apparel market totaled $78,013 million at wholesale in 2016 compared to $76,191 million the prior year as the sector found itself trailing sneaker growth by a significant amount.
This Thursday through Sunday, Nike is offering 30% off for friends and family at all of its outlet stores. Earlier in the week, Dick’s put out an aggressive price matching guarantee on its website. Since every consumer now knows to research on the web before buying anything, it’s a good bet that these offers will be matched by the competition.
Net income declined 23% to €26,259,000 ($30.0 million) from €33,967,000 hurt by lower margins and a mix shift towards e-bikes, as revenues inched up 1% to €633,997,000 ($675.9 million) from €629,693,000 in the first half of 2016.
CODI acquired the LaserMax business through its recently acquired Crosman airgun business.
Academy Sports laid off some 100 employees from its Katy, TX, headquarters earlier this week.