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November 06, 2019


Comping Big Yeezy Quarter, Adidas Net Dips on 9% Sales Gain

Net income was down 2% to €646 million ($717.3 mm) from €658 million for the quarter ended Sep. 30 as sales rose to €6,410 million ($7,117.5 mm) from €5,873 million that would have been up 6% constant currency.

Fitbit Net Loss Surges as Sales Slide

Red ink kept on gushing in the third quarter, as net loss expanded to $51,893,000 from a loss of $2,056,000 last year, on 12% lower revenues of $347,200,000 down from $393,575,000, which was slightly better than Wall St. expectations.

Fanatics, Nike Extend NFL Partnership to International

The new agreement extends the basic terms of the three-way deal signed in 2018, in which Nike supplies NFL teams with on-field uniforms and apparel, while Fanatics outfits the fans.

Adorama Acquires Scuba Retailer

The multi-banner online retailer is acquiring Scuba.com, which it will add to its watersports equipment portfolio that already includes Leisure Pro.

OIA Scores Duty-Free Status for Travel Goods from Thailand

The U.S. Trade Representative announced that the United States would preserve duty-free market access for backpacks, sports bags and other travel goods manufactured in Thailand under the Generalized System of Preferences.

Etcetera: HanesBrands, Crocs, Rebel Athletic

 
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