August 30, 2022
The footwear and sporting goods manufacturer’s net income attributable to shareholders jumped 52% in Q2 to TWD 2,582.6 million ($87.3 mm) from TWD 1,701.0 million, as revenues surged 26% to TWD 24,763.3 million ($836.6 mm) against TWD 19,697.9 million.
Net income attributable to shareholders increased 28% in the first half to HK$ 84,486,000 ($10.8 mm) from HK$ 66,084,000 on 28% higher revenues of HK$ 941,912,000 ($120.0 mm) up from HK$ 741,658,000.
The new partnership gives Fanatics the rights to operate in-venue retail stores at the 2028 Summer Games in Los Angeles, in addition to its long-running online merchandise deal with Team USA.
The 124-year-old hiking, hunting and outdoor sports boot maker has been acquired by Luke Kolbie and Joe Julian from second and third generation owners Ralph “Lefty” Fabricius and Suzie Fabricius for undisclosed terms.
The connected fitness company will take up to an additional 15 days to file its annual report for the fiscal year ended June 30 that was due Aug. 29, according to a filing with the SEC.
Outdoor Industry Association members elected two new directors, W.L. Gore & Associates global product specialist Sara Ellis and Latino Outdoors founder and Avarna Group partner José G. González.