July 29, 2022
Adidas, which recently lowered its full-year revenue and net income guidance, will end its seven-year relationship with the NHL as the official supplier of uniforms and apparel when the agreement expires after the 2023-24 season, ESPN first reported. Vulcabras Net Improves on Soaring Revenues
Vulcabras net income was up 13% to BRL103,758,000 ($19.8 mm) over BRL91,505,000 on a 64% revenue gain to BRL 656,808,000 ($125.5 mm) from BRL 399,412,000. Fleet Feet Disputes Price of JackRabbit Deal
Fleet Feet Sports parent J Street 1976 is suing the Running Specialty Group and affiliates in DE Chancery Court for failing to pay on a more than $6 million price adjustment from the $47.7 million acquisition of JackRabbit. Newell Expects Outdoor Business to Slow in H2
NWL’s outdoor and recreation segment, which includes Coleman, Marmot and Bubba along with several other brands, saw revenues slip 6% in the second quarter to $427 million from $453 million. Aqualung Taps New North American Chief
Aqualung hired Scott Rittschof as president of Aqualung Group, North America, which accounts for half the company’s revenues. Etcetera: Authentic Brands Group, Rally House
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