April 07, 2017 Industry Profits Tumble Again This Year in Q4
The final quarter of the year is when poor management decisions come home to roost in the form of impairment charges and other writedowns, and 2016 was no exception with over $1 billion sliced off the bottom lines of companies moving to set their balance sheets straight. Big New Advance in Printed Midsole from Adidas
The Futurecraft unit of the Big a unveiled a new midsole that utilizes Continuous Liquid Interface Technology (CLIP) from a Silicon Valley company that dramatically speeds up the production process relative to tradition laser printed 3D technology but also is able in its current form to work with existing production resins rather than prototyping materials. Under Armour Laying Off Connected Fitness Staff
Approximately two dozen Endomondo employees, based in Copenhagen, will be let go according to a report in the Baltimore Sun. Academy Sports + Outdoors Names New Retail Chief
Sam Johnson becomes its EVP of retail operations. He’s a seven-year hhgregg veteran where he was most recently chief retail officer.
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