January 28, 2021
The golf industry is decidedly optimistic heading into 2021 after consumers desperate to escape coronavirus lockdowns sent rounds of play and equipment sales up double digits in 2020, after several years of treading water.
ASO reported the gain for the first nine weeks of the fourth quarter, from Nov. 1 to Jan. 2, driven by double-digit improvement in all merchandise categories.
The ammunition maker’s sales soared to $340.6 million in the final quarter from $154.7 million, sending operating income at the Olin segment up more than six-fold to $44.8 million from $7.0 million in Q4 ’19.
Skip Potter is joining COLM in the newly created role of EVP and chief digital information officer, effective Apr. 1.
The ratings agency changed VSTO’s outlook to positive from negative back in Oct., and now has followed through with revision of its corporate family rating to B1 from B2, and commensurate upgrades on its debt.
Asics is partnering with the consumer electronics giant to develop fitness wearables, and the two companies are launching Runmetrix, a new personal coaching app and service for runners.
After refilling its war chest in Oct. with a $48 million equity raise, the recovery technology company has acquired San Diego-based RecoverX, which specializes in biomechanics, thermal and connected technologies.
The Eager Beavertons have agreed to equip retail staff in its CA stores with masks with transparent windows over the mouth area, so they can better communicate with customers who rely on speechreading.