A new executive leadership structure of Little League International was established following the annual fall meeting of the Little League International Board of Directors.
Month: December 2018
Big 5 Again Faces Activist Investors
Another activist group, led by former senior executives at Wal-Mart and Vans, have launched a website, www.SaveBig5.com, and sent out a press release urging shareholders to vote for them to fill two vacant seats on the board.
Performance Bicycle To Liquidate All Doors
Performance Bicycle in an amended bankruptcy filing said Gordon Brothers, which was initially to liquidate 40 Performance Bicycle stores, has been retained to liquidate the chain’s remaining 62 stores. The chain’s owner indicated stores may be reopening as part of the restructuring.
Rusutsu, Japan, Joins Epic Pass For 2019/20 Winter Season
Vail Resorts Inc. on Monday announced a long-term alliance with Rusutsu Resort in Hokkaido, Japan, just 90 minutes from Sapporo and New Chitose Airport.
Tariff War Far From Over
President Donald Trump and Chinese President Xi Jinping agreed Saturday to a temporary trade cease-fire to allow time for more negotiations but trade experts are doubtful that 90 days will be enough time to resolve the thorny and complicated issues that divide the two countries.
November M&A Roundup: Big Outdoor Deals Bookend Busy Month
Two large acquisitions in the outdoor space bookended November—Canada Goose bought Baffin to kick off the month and Callaway bought Jack Wolfskin to close it—while a flurry of M&A activity occurred in the days between.
Julbo Eyewear Names David Crothers As New U.S. CEO
Julbo Eyewear, the French eyewear brand based in the Jura Mountains, has named David Crothers as the new CEO of U.S. operations.
Firearms Background Checks Drop In October
The October 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1 million represented a decrease of 11.2 percent compared to the October 2017 NSSF-adjusted NICS figure of 1.13 million.
Fanatics Partners With Esports League
Fanatics announced an official retail and licensing partnership with Overwatch League. The multi-year deal is the first ever esports partnership for Fanatics, and is believed to be the first official merchandising deal between a major retailer and an official esports league
Report: Lululemon Founder Close To Joining Anta’s Bid For Amer Sports
Chip Wilson, Lululemon’s founder, is in talks to join Anta’s investment consortium in its bid for Amer Sports, according to a report from Bloomberg. Wilson, whose net value is reportedly worth $3.5 billion, is exploring taking a 20 percent stake in the consortium.
Point6 … Conversation With Peter Duke, Founder & CEO
Point6 … Conversation With Peter Duke, Founder & CEO
SFIA Pleased With President’s Temporary Suspension Of New Tariffs
President Trump’s announcement, on Saturday, December 1, that he will not raise tariffs on Chinese-made products from 10 percent to 25 percent on Jan. 1, 2019, is welcome news for the sports and fitness industry, according to the Sports & Fitness Industry Association.
Crocs To Repurchase Of Convertible Preferred Stock Owned by Blackstone
Crocs, Inc. announced that it has entered into an agreement with Blackstone Capital Partners VI L.P. and certain of its affiliates and transferees relating to the repurchase and conversion of the company’s Series A Convertible Preferred Stock owned by Blackstone.
SFIA Seminar: Industry Playing It Safe
On a webinar last week providing an update on the state of the sporting goods industry, Tom Cove, SFIA’s president and CEO, said that many of the industry’s players appear to be fixated on protecting their market share somewhat at the expense of pursuing growth opportunities. While this reflects an industry recovering from a string of bankruptcies, he lamented that the cautious stance may be holding back the industry’s overall growth.
RILA Encouraged By Path Forward With China On Trade
Retail Industry Leaders Association’s vice president for international trade, Hun Quach, issued a statement following President Donald Trump’s meeting with Chinese President Xi Jinping during the G20 meeting in Argentina.
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