March 23, 2023 Colt CZ Group Improves despite U.S. Weakness
The final quarter’s bottom line soared to a CZK 706,296,000 ($29.5 mm) profit from a loss of CZK 140,519,000 prior, as revenues grew by 42% to CZK 4,369,871,000 ($182.7 mm) from CZK 3,086,929,000. Sporting Goods Sales Grew 4.3% in 2022
After a 15.8% jump in 2021, rebounding from the pandemic year, total sales of sports equipment, apparel, licensed merchandise and footwear grew a more modest 4.3% last year to $116,549 million according the SFIA’s 2023 Manufacturers’ Sales by Category report.
Aleck, which makes wireless audio and communications for outdoor sports, has acquired the German helmet-mounted crash sensors company for undisclosed terms.
The founder of the Ocean Pacific apparel brand that pioneered surfwear fashion, passed away on Mar. 19 at the age of 84. Etcetera: Hest, MidwayUSA, Speedo, Cannondale
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