Amer Sports CFO: No visibility on tariff refunds
Andrew Page told Retail Dive that the company, which runs Arc’teryx and Salomon, will see little impact from the refunds anyway. Revenue at the business was up 32% in Q1.
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Why Amer Sports is all in on IT modernization
The parent company of Salomon and Arc’teryx will boost capital expenditures to $400 million amid ongoing infrastructure overhauls.
Sports giant Anta snaps up Puma stake for $1.8B
The Chinese company, whose portfolio includes Fila and a majority stake in Amer Sports, will be the sneaker brand’s largest shareholder.
Arc’teryx brings on Tommy Hilfiger vet as first chief brand officer
Avery Baker has been appointed to the newly created role. Meanwhile, the outdoor clothing company’s new general manager for EMEA is from Celine.
Fabletics expands into denim to ride casualization trend
CEO Adam Goldenberg told Retail Dive in January that shoppers expect athletic brands to offer casual products as apparel trends shift.
Amazon brings back summer beauty event
The sale, which kicks off Monday and runs through May 10, features deals on brands like Charlotte Tilbury, Biodance, Dyson and Estée Lauder.