November 15, 2023 Xebio Profits Narrow on Rising Costs
Net income dropped 36% to ¥2,021 million ($14.0 mm) in the fiscal first half ended Sep. 30, from ¥3,146 million last year, on a revenue increase of 2% to ¥120,052 million ($830.8 mm) from ¥118,028 million. Johnson Health Tech Surges in Q3
Continuing the strong momentum from the second quarter, JHT’s net income attributable to shareholders climbed 66% in Q3 to TWD 369.5 million ($11.7 mm) from TWD 223.2 million. Sporting Goods Sales Slump in October
Sporting goods/hobby/book and music store adjusted sales dropped 3.8% last month to $8,436 million from $8,773 million, the sharpest decline since last April, according to Commerce Dept. data. Report: Varsity Brands Seeking Sale or IPO
Bain Capital is holding interviews with financial advisors to draft a $6 billion-plus IPO plan for the sports uniform firm, according to Reuters citing sources close to the matter. K-Swiss Brings Back Barney Waters
The iconic sneaker and apparel brand, which is now owned by Chinese sportswear company Xtep, hired Waters as international brand president. Swiftwick Names New CEO, Board Members
The performance sock brand tapped Mark Chou as CEO and appointed two new board members to bolster its leadership team. Sierra Opened Seven Stores in Q3
The TJX-owned outdoor retailer added seven new locations last quarter, bringing its total footprint to 90 brick-and-mortar locations in addition to its e-commerce business. Out&Back Acquires The Locals Sale
The secondhand outdoor gear marketplace has acquired the website, inventory, warehouse space and branded events of The Locals Sale, a platform to buy and sell new and used outdoor gear. Chief Upland Acquires Q5 Outdoor Products
Chief Upland has added the maker of hunting vests, clay shooting belts and accessories to its portfolio, for undisclosed terms. Etcetera: Bass Pro, Wilson, Norco, La Sportiva, Xcel
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