May 24, 2021 Topsports Revenues Grow 7% in Pandemic Year
Net income bounced back after a first-half decline, ending with a 20% increase to RMB 2,770.1 million ($401.5 mm) for the year ended Feb. 28, from RMB 2,303.4 million, as revenues grew by 7% to RMB 36,009.0 million ($5,218.7 mm) against RMB 33,690.2 million. Goldwin Swings to Profit in FQ4, Guides for 10% Growth
Net income for the final fiscal quarter ended Mar. 31 was ¥1,498 million ($14.1 mm) against a loss of ¥686 million, on 4% lower revenues of ¥21,253 million ($200.7 mm), down from ¥22,056 million. Wilson Launches DTC-only Sportswear Collection
Wilson Sporting Goods’ first upscale men’s and women’s apparel collection will be sold initially on the company’s DTC e-commerce site in the U.S. Peloton Plans $400 Million Ohio Factory
Along with the U.S.-based manufacturing capacity it acquired with Precor, PTON is forging ahead on a new, more than one million-sq.-ft. factory in Troy Township in Wood County, OH. Report: Bass Pro Stops Online Musket Sales
Black powder pistols and muskets have been pulled from the Bass Pro and Cabela’s web sites and phone order availability, NBC News reported, in an effort to prevent felons from acquiring the firearms. Alliance Outdoor Group Buys Suppressor Maker
AOG is adding Stealth Project and its patented Accelerated Gas Technology helical suppressors to a portfolio that includes Rambo Bikes and the X-Stand and Sniper treestand brands. GloGear Sues Three Amigos over Glowing Paddleboards
GloGear says that Three Amigos, which does business as Ronix Wakeboards, is selling a glow in the dark wakeboard that infringes on its patent no. 8,882,554 B2. NHTSA Recall: Thule Tepui Tents
Thule, in partnership with the National Highway Traffic Safety Administration, is recalling Tepui Hybox and Hybox Wedge rooftop tents because they can detach from the vehicle’s roof while driving, under certain conditions. Etcetera: Castore, Varsity Brands, Core Health & Fitness, Vista Outdoor, Nosler, Astral
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