June 18, 2021 Industry Revenues and Profits Soar in All Sectors
In an amazing rebound from the first quarter of 2020, revenues grew by a third to $50,611.0 million to start 2021 from $37,985.5 million at the 49 industry companies we track, as a sea of red ink gave way to huge profits everywhere. Xtep Names New K-Swiss President
The brand’s owner, Chinese sportswear company Xtep, elevated K-Swiss VP of sales Dave Grange to lead the business as international brand president, succeeding 12-year company veteran Barney Waters, who is leaving for another opportunity. Superfeet Acquired by Westward Partners
The Seattle-based private equity firm acquired the insole maker for undisclosed terms, planning to invest to grow the brand, product portfolio and geographic reach. Firearms Imports Have another Strong Tally in March
Handgun imports increased 74% to 472,668 units in Mar., according to ITC data compiled by the NSSF, including a 78% jump in pistols to 441,537 units and a 28% gain in revolvers to 31,131 units. Etcetera: Rally House, Hoka One One
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