January 17, 2023 Adidas’ Press Releases Spoofed by Activists
The Yes Men, an activist group that works to get corporations to pay more attention to environmental and social issues, sent out two e-mails yesterday purporting to be Adidas announcements of a Cambodian union leader as co-CEO and a new apparel line inspired by factory workers. Big Five Lowers Q4 Earnings Guidance
The West Coast retailer will just miss its earnings guidance for the final quarter, now expecting net income of $0.07 to $0.08 per share, below its guidance range of $0.08 to $0.20. Mainland Headwear Profits Boosted by New Factory
The headwear manufacturer said that it expects net income attributable to shareholders to increase 41% to HK$180.0 ($23.0 mm) for the year ended Dec. 31 against HK$128.1 million last year. Peloton Hires Twitter Veteran as CMO
The struggling connected fitness company hired former Twitter CMO, Leslie Berland as its new chief marketing officer, reporting to CEO Barry McCarthy and joining the senior leadership team. High Speed Gear Acquires Two Tactical Brands
Swansboro, NC-based High Speed Gear has acquired BlackPoint Tactical and Crucial Concealment, adding them to a portfolio of tactical gear makers that includes Taco, Sure-Grip, and Slim-Grip Battle Belts. Tennis Participation Edged Higher in 2022
Capping a 33% three-year total increase, 2022 saw a million net new players enter the sport, sending participation up over 4% to 23.6 million people, the USTA reported. Etcetera: Ammo, Inc., Oofos, Hodgdon Powder, Ashworth, Atomic
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