Academy Sports and Outdoors is opening a new 1.6 million square foot distribution center in Tennessee in 2016. Construction is expected to begin this month with staffing occurring in the fall of 2015 and a projected opening of early 2016. It is anticipat
Year: 2014
Outdoor Retailer Brings It Again
It’s expensive. It’s tough to find a bed. And sales orders are almost a rarity. But the Outdoor Retailer show continues to work. “The first couple days have been electric from my perspective,” said Frank Hugelmeyer, president and C
Mizuno’s Q1 Hurt by Golf Weakness
Mizuno Corp. reported revenue in its first quarter ended June 30 reached ¥46.1 billion ($451 mm), up 1.9 percent. On a currency-neutral basis, sales sagged 1.7 percent as growth in the running category offset a poor golf performance. Particularly impactin
Adidas Plans Marketing Blitz to Kickstart Growth
With its forewarning the prior week that full-year results would sharply miss plan and it would also fall well short of its Route 2015 targets, the surprise from Adidas' second-quarter announcement last week was its plans to launch the company's
Nautilus Posts Rare Q2 Operating Profit as New Product Sales Surge
Nautilus Inc. reported strong sales of its newest products and a higher mix of Retail revenues resulted in positive operating income in the usually unprofitable second quarter ended June 30…
Sequential Brands Grows Second Quarter EBITDA Nearly 50 Percent
Sequential Brands Group, Inc., which expects to add Avia, AND1 and Nevados to its brand portfolio by year end, increased its sales nearly 63 percent and its adjusted EBIDTA 48 percent in the second quarter…
Delta Apparel Rightsizing in Wake of Second Quarter Sales Decline
Delta Apparel, Inc. sacked its president and chief operating officer last week as part of a comprehensive restructuring triggered by its first decline in year-over-year sales in more than a decade…
Backcountry.com Fate Back in Play
Liberty Interactive Corporation is reevaluating what to do with the assets in its Digital Commerce Group, including Backcountry.com, following an agreement to sell the biggest and most profitable business in the group. LINTA reported the group, which also
LULU Founder Sells Half His Stake, Halts Proxy Fight to Gain Board Seats
Lululemon Athletica Inc. Founder and Director Dennis Wilson has agreed to postpone his proxy fight with the company for another two years in exchange for two seats on the company’s and an independent evaluation of corporate governance…
Head NV Q2 Losses Increase Amidst Weak Organic Growth
Head NV reported sales were up 2.5 percent in the first quarter ended June 30, thanks largely to the January acquisition of SSI, which offers diving certification courses and materials globally. While losses increased during the quarter, they narrowed for
Sport Check Sustains Double-Digit Comps Growth in Second Quarter
Growth accelerated sharply at Canada’s largest sporting goods retailer – FGL Sports – in the second quarter thanks to continued improvement at its core Sport Chek banner, according to parent company Canadian Tire Corporation’s (CTC) earnings r
Canadian Tire Taps Medline as Next CEO
Canadian Tire Corporation announced its president, Michael Medline, will take over the position of CEO from Steven Wetmore when he retires Dec. 1. Wetmore has agreed to remain on the board of directors in a new, non-executive position of deputy chairman.
Bikes, Bottles and Babies Help CODI Offset Liberty Safe’s Hard Landing in Q2
Compass Diversified Holdings Inc. reported sales at its Branded Consumer businesses increased 8.5 percent in the second quarter as growth at Fox Factory, CamelBak and Ergobaby more than offset a larger than expected decline at Liberty Gun, which makes gun
Racing Authority Meets Camping Authority
50 Campfires, an online destination for the car and family camping lifestyle, announces that they will be the primary focus on the #23 Nationwide Series Chevrolet with Rick Ware Racing at Watkins Glen International during the Zippo 200 event on Saturday,
Berger Bullets Announces Launch of New Ammo Company
Berger Bullets announces the launch of Applied Ballistics Munitions, also referred to as ABM Ammo or ABM (www.abmammo.com)…
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