FINANCIAL RESULTS

+++ U.S. chemical company Huntsman reported Q4 2022 results with revenues of $1,650 million, a net loss of $91 million, adjusted net income of $8 million and adjusted Ebitda of $87 million

+++ Despite a weak final quarter, Canadian textile group Gildan Activewear Inc. achieved record consolidated sales of $3.24 billion in fiscal 2022 (+10.9% over 2021) +++

 

CORPORATE AND M&A

+++ U.S. retail chain Dick’s Sporting Goods has agreed to buy outdoor retailer Moosejaw from Walmart in a bid to secure a share of the multibillion-dollar outdoor market +++

 

DTC & E-COMMERCE

+++ Electronics brand Blaupunkt signed an agreement with BikeExchange naming them the exclusive DTC sales outlet for its foldable e-bikes in North America +++

 

PRODUCT & MARKETING

+++ POC has released two new helmets featuring “a wealth of innovation,“ the Omne Lite, a new lightweight, performance-driven helmet, and the Omne Ultra, designed for adventure and exploration beyond paved roads

+++ Alaskan-born runner Allie Ostrander, now living in Seattle, has joined the NNormal brand as their newest ambassador +++ 

 

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