Racket (sports equipment)

Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm

Retrieved on: 
Tuesday, March 5, 2024

Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.

Key Points: 
  • Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.
  • By channel, DTC expanded 37% led by Technical Apparel in Americas and Greater China, with strength in both stores and online.
  • Operating profit for 4Q 2023 was $60 million compared to operating loss of $58 million for 4Q 2022.
  • SG&A deleverage drove a 215 basis point decline in 4Q 2023 adjusted operating profit margin to 10.4% compared to 4Q 2022.

TRC Insights LLC, a Market Research Firm, Announces Leadership Transition

Retrieved on: 
Wednesday, March 6, 2024

FORT WASHINGTON, Pa., March 6, 2024 /PRNewswire-PRWeb/ -- Greater Philadelphia-based market research company, TRC Insights, announced a significant leadership transition set for April 1, 2024.

Key Points: 
  • FORT WASHINGTON, Pa., March 6, 2024 /PRNewswire-PRWeb/ -- Greater Philadelphia-based market research company, TRC Insights, announced a significant leadership transition set for April 1, 2024.
  • I expect a seamless transition for TRC; a testament to our foundation of great talent, dedication, and expertise.
  • I have a strong faith in Rajan's abilities and hold no doubt he will continue our long-standing tradition of innovation and meeting the evolving needs of market research professionals.
  • TRC is now recognized as an innovation leader in the market research industry.

Unlock a Sun-Filled Winter on the Red Sea Shores at Four Seasons Resort Sharm El Sheikh, Egypt

Retrieved on: 
Tuesday, October 10, 2023

SHARM EL SHEIKH, Egypt, Oct. 10, 2023 /PRNewswire/ -- Bathed in warmth and sunshine, and bidding the cold and snow adieu, Four Seasons Resort Sharm El Sheikh is the ideal beach getaway this winter. Occupying a picturesque, sun-drenched location and cascading down a hillside to a one-kilometre stretch of private beachfront along the Red Sea, amenities vary from palm-fringed swimming pools and ancient Egyptian inspired Spa rituals to twelve dining destinations celebrating cuisines from all over the world in the most prominent luxury address in the destination for families, couples and solo travellers alike.

Key Points: 
  • A year-round sunny destination for relaxation, Red Sea water adventures, authentic cuisines, and plenty for kids to do, too.
  • SHARM EL SHEIKH, Egypt, Oct. 10, 2023 /PRNewswire/ -- Bathed in warmth and sunshine, and bidding the cold and snow adieu, Four Seasons Resort Sharm El Sheikh is the ideal beach getaway this winter.
  • With five new concepts for a staggering total of 12 restaurants and bars , Four Seasons Resort Sharm El Sheikh sets quite a table for romantic and family-friendly dining.
  • Embrace the warmth of winter at Four Seasons Resort Sharm El Sheikh, visit us online or e-mail [email protected] .

Toll Brothers Announces Opening of Luxury Home Community in Tesoro Club in St. Lucie County, Florida

Retrieved on: 
Monday, April 10, 2023

(NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Toll Brothers at Tesoro Club, a golf and country club community offering luxury single-family homes and resort-style amenities in St. Lucie County, Florida.

Key Points: 
  • (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Toll Brothers at Tesoro Club, a golf and country club community offering luxury single-family homes and resort-style amenities in St. Lucie County, Florida.
  • Offering beautiful home sites with preserve and golf course views, Toll Brothers at Tesoro Club brings luxury one- and two-story single-family homes to the desirable Tesoro Club master-planned country club community.
  • “Toll Brothers at Tesoro Club truly exemplifies the luxury brand and lifestyle that Toll Brothers is known for,” said Alex Martin, Division President of Toll Brothers in Southeast Florida.
  • For more information on Toll Brothers at Tesoro Club and Toll Brothers communities throughout Florida, call (844) 551-2787 or visit TollBrothers.com/FL .

K-SWISS LAUNCHES PREMIUM FOOTWEAR COLLABORATION WITH NEW YORK MENSWEAR BRAND CORRIDOR ALONGSIDE CREATIVE CAMPAIGN ON RACQUET MAGAZINE

Retrieved on: 
Monday, March 6, 2023

LOS ANGELES, March 6, 2023 /PRNewswire/ -- K-Swiss , the iconic American heritage Tennis brand, is thrilled to announce its premium footwear collection with New York-based men's clothing brand, Corridor, through a creative editorial campaign in Racquet magazine.

Key Points: 
  • LOS ANGELES, March 6, 2023 /PRNewswire/ -- K-Swiss , the iconic American heritage Tennis brand, is thrilled to announce its premium footwear collection with New York-based men's clothing brand, Corridor, through a creative editorial campaign in Racquet magazine.
  • The unisex footwear collection consists of both the performance tennis shoe SpeedTrac at $140, and heritage tennis shoe the Classic 66 at $90, sizes range from US 3-12.
  • The menswear brand initially expressed interest in working with Racquet, and was intrigued by what they represent to the tennis community.
  • The collaboration will have a full creative campaign featured in an upcoming issue of the magazine.

WILSON SPORTING GOODS AND TB12 RELEASE LIMITED-EDITION FOOTBALL

Retrieved on: 
Monday, December 5, 2022

CHICAGO, Dec. 5, 2022 /PRNewswire/ -- Wilson Sporting Goods Co. and TB12 today introduce the TB12 x Wilson "LFG" Limited-Edition Football. A first of its kind for both brands, this collaboration is inspired by Tom Brady and Alex Guerrero's commitment to fueling performance, recovery and greatness through the TB12 Method. As the official ball of the NFL, Wilson is committed to the growth of football on and off the field, while empowering players and fans alike. 

Key Points: 
  • CHICAGO, Dec. 5, 2022 /PRNewswire/ -- Wilson Sporting Goods Co. and TB12 today introduce the TB12 x Wilson "LFG" Limited-EditionFootball .
  • Chicago, USA- based Wilson Sporting Goods Co., a subsidiary of Amer Sports Corporation, is one of the world's leading manufacturers of high-performance sports equipment, apparel and accessories.
  • In Football, Wilson is the supplier of Official Game Footballs for the National Football League (NFL), National Collegiate Athletic Association (NCAA) DI-AA, DII and DIII championships, Canadian Football League (CFL), approximately 46 High School State Associations, Pop Warner, American Youth Football andUSAFootball.
  • Information about TB12 products and services is available at TB12sports.com .To keep up with the latest TB12 news, please follow TB12 on Facebook ( www.facebook.com/TB12sports ),Instagram ( www.instagram.com/TB12sports ) and Twitter ( https://twitter.com/TB12sports ).

BofA Awards Over $3.6 Million to Nonprofits Tackling Economic Mobility in Metro Detroit

Retrieved on: 
Thursday, November 17, 2022

DETROIT, Nov. 17, 2022 /PRNewswire/ -- Today, Bank of America celebrates its annual "Day of Giving," connecting more than 100 employees with the bank's community partners to volunteer with organizations helping to advance economic mobility and racial equality in Detroit. In addition to the volunteer visits, the day includes a small business roundtable, a luncheon with bank teammates and partners, and a special "GIVE" celebration event.

Key Points: 
  • Abayomi Community Development Corporation (Abayomi CDC) and Racquet Up Detroit are Detroit's 2022 Neighborhood Builders.
  • They also will join a network of peer organizations across the U.S. and get the opportunity to access capital to expand their impact.
  • As a human services organization, Abayomi strives to provide access to housing, education, arts, wellness, and economic resources to all members of the community.
  • Racquet Up Detroit serves Detroit students from fifth grade through college, offering academic support and world-class coaching in squash.

CONNEXA Announces $5.0 Million Private Placement

Retrieved on: 
Wednesday, September 28, 2022

The aggregate gross proceeds to Connexa from the private placement is expected to be approximately $5.0 million.

Key Points: 
  • The aggregate gross proceeds to Connexa from the private placement is expected to be approximately $5.0 million.
  • Connexa intends to use the net proceeds from the offering for working capital purposes and to repurchase inventory.
  • This release may contain a number of forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.
  • About Connexa Sports Technologies: Connexa is a sports technology and media company.

WILSON RELEASES ULTRA V4 TENNIS RACKET

Retrieved on: 
Wednesday, August 31, 2022

CHICAGO, Aug. 31, 2022 /PRNewswire/ -- Wilson Sporting Goods Co., the official ball and racket stringer of the US Open for over 40 years, today launched the Ultra v4, a significant evolution of its popular tour frame. Drawing upon the Ultra features the pros rely on at the highest levels of competition, the newly upgraded tennis racket includes even more power through stability, empowering athletes to play with Pure Beauty and Ruthless Power.

Key Points: 
  • New performance racket available now, exclusively at the US Open, Wilson store locations and Wilson.com
    CHICAGO, Aug. 31, 2022 /PRNewswire/ -- Wilson Sporting Goods Co., the official ball and racket stringer of the US Open for over 40 years, today launched the Ultra v4 , a significant evolution of its popular tour frame.
  • "I've played and trained with Wilson rackets for many years, and I'm excited to use the new Ultra v4 on the biggest stage in tennis at the US Open," said Wilson Advisory Staff member and current Women's Tennis Association-ranked No.
  • Pricing is $249 for the Ultra 100 v4, Ultra 100L v4, Ultra 100UL v4 and Ultra 108 v4.
  • Ultra 25 v4 and Ultra 26 v4 are available for $110.

Storylines and Brodosplit Shipyard Sign Ship Building Contract for World's First Environmentally Sustainable Residential Community at Sea

Retrieved on: 
Tuesday, August 23, 2022

MIAMI, Aug. 23, 2022 /PRNewswire/ -- Storylines residential ships and Brodosplit shipyard in Split, Croatia, have signed a construction contract to build the world's first environmentally sustainable private residence ship.

Key Points: 
  • MIAMI, Aug. 23, 2022 /PRNewswire/ -- Storylines residential ships and Brodosplit shipyard in Split, Croatia, have signed a construction contract to build the world's first environmentally sustainable private residence ship.
  • The ship, to be named MV Narrative, is the first residential ship powered by liquid natural gas propulsion (LNG).
  • The ship is different from a vacation cruise ship in that it is purposely built for residential life at sea.
  • "We are pleased to be building this innovative ship with Storylines," said Brodosplit President of the board, Tomislav Debeljak.