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 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 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.
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 hired Scott Rittschof as president of Aqualung Group, North America, which accounts for half the company’s revenues.