May 17, 2021 Fila Rebounds with Profit and Sales Gains in Q1
Consolidated net income soared 240% to KRW 134,201 million ($120.5 mm) in the first quarter against KRW 39,500 million, on revenue that increased 25% to KRW 988,281 million ($887.3 mm) from KRW 789,901 million as Fila bounced back from the start of the pandemic last year. Grupo SBF Breaks Out Nike Biz from Centauro
The Brazilian retailer and wholesaler has consolidated its Nike wholesale, e-commerce and outlet store business into Fisia Comércio de Produtos Esportivos, a new entity, and is now accounting for that segment separately from its Centauro sporting goods retail operations. Report: Authentic Brands Among Reebok Bidders
Authentic Brands Group has teamed up with Wolverine World Wide on a bid for Ex Numero Uno of slightly more than $1 billion, the New York Post reported, citing a source close to the matter. Technogym Home Fitness Jumps Triple Digits in Q1
The Italian fitness equipment brand reported a 10%revenue increase to €128.7 million in the first quarter of 2021, including a 129% gain in Home Fitness B2C revenues to €51.3 million, now accounting for 40% of total revenues. Sporting Goods Sales Dip Sequentially in April
Sporting Goods/Hobby/Book and Music Store adjusted revenues were up 155% in Apr. to $9,615 million, lapping the widespread retail shutdowns in 2020, but declined 4% from the stellar results in Mar. Patagonia Has Top Corporate Reputation in New Poll
The environmentally and politically active apparel brand sits atop the 2021 Axios Harris Poll 100 list of corporations that rank them by reputation, a 31 spot improvement from last year.
The inventor and founder of Kaepa athletic shoes died on May 7, 2021. He was 89. Etcetera: Topgolf, Thule, Speedo, Nikwax
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