$44 Million
Goodwill impairment charge that will be taken by Finish Line Inc. to write off its JackRabbit retail brand. Finish Line has been exploring efforts to sell the specialty running business, which has fallen short of expectations. Finish Line formed the Running Specialty Group (RSG), the predecessor name to JackRabbit, in 2011 after purchasing an 18-store chain for $8.5 million operating under The Running Company banner.
30 Brands
Exited by Perry Ellis since 2013, accounting for approximately $100 million in lower margin revenues and a refocusing of its portfolio toward core, high-margin brands. In the third quarter 2016, the company’s golf apparel brands, including PGA Tour and Ben Hogan saw sales up double digits year over year with positive performance from Callaway Golf Apparel, as well. However, the company reported an overall net loss of $5.2 million, or 34 cents a share, compared to year-ago numbers in the same quarter.
$215 Million
In liabilities listed in American Apparel’s bankruptcy filing. The company had $497 million in net sales in 2015. Canada-based Gildan Activewear will attempt to acquire the intellectual property rights related to American Apparel, along with some assets that are part of the brand’s Los Angeles production and distribution operations and inventory, for $66 million in cash, excluding its retail stores.
14.8 Percent
Rise to $110.2 million in Remington Outdoor Co.’s firearms segment for the third quarter 2016. Sales of shotguns, centerfire rifles and handguns increased by $8.3 million, $8.1 million and $6.8 million, respectively. Increases in the firearms segment categories were partially offset by decreased sales of rimfire ammunition and other ammunition products of $1.6 million and $3.8 million, respectively.
$1 Billion
In annual sales for Dick’s Sporting Goods’ private-label brands is reportedly on track, and expected by the company to come to fruition within the next few years. Key private-label brands include Calia and Field & Stream, along with Adidas (baseball), DBX, Fitness Gear, Lady Hagen, Maxfli, Nishiki, Primed, Quest, Reebok (performance apparel), Slazenger (golf and rackets), Top-Flite, Umbro (performance soccer equipment, footwear and apparel) and Walter Hagen.