Sports Direct International Plc Executive Founder and Executive Deputy Chairman Mike Ashley reduced his stake in the UK-based sporting goods retailer by 2.57 percent to 55.14 percent Monday by selling 15.4 million ordinary shares for roughly $168 million.
Author: Charlie Lunan

eBay Considering IPO for Enterprise Business
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in an IPO as part of a broadening restructuring. The business, which now operates as EBay Enterprise, provid
13west Expands Sales Team
The 13west sales agency has enhanced their territory coverage by adding three members to its sales team, which represents All Star Sporting Goods, Augusta Sportswear, Bomark Sportswear and Majestic Athletic…
Allied Feather and Down Debuts Track My Down at ORWM
Allied Feather & Down debuted its new Track My Down consumer resource at Outdoor Retailer Winter Market 2015…
Responsible Down Standard Draws More Brands
Textile Exchange (TE) announced the addition of the Adidas Group, Black Diamond, Kathmandu (NZ), NAU, REI and Timberland to a growing roster of global brands committed to its Responsible Down Standard (RDS)…

Revo Signs Adventure Filmmaker Chin as Brand Ambassador
Revo has signed professional climber and renowned adventure photographer and filmmaker Jimmy Chin as brand ambassador…

Diamondback Offers Wildflower Riders First Shot at New Tri/TT Bike
Diamondback Bicycles is using the Wildflower Triathlon to launch its first batch of Serios triathlon/time trial bikes (MSRP $8,500) via an exclusive special order program with registered riders…
SIA Snow Show to Feature 162 New or Lapsed Exhibitors
SnowSports Industries America (SIA), will welcome a record 172 new exhibitors to the 2015 SIA Snow Show next week in Denver, including those circling back after a hiatus…

Colorado Ski Visits Nearly Keeping Pace With Last Year
Colorado Ski Country USA (CSCUSA) reported early season skier visits at its 21 member resorts were approximately one percent off last year’s strong pace…
Jarden Expects Q4 Earnings to Exceed Consensus Estimates
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects adjusted earnings per
HanesBrands Appoints Colgate-Palmolive Executive to Board
HanesBrands has appointed Franck J. Moison, chief operating officer of emerging markets and business development for Colgate-Palmolive Company, to its board of directors…
Tilly’s Endurables Founder Puts Iconic Hat Maker Up for Sale
Alex Tilly has put Tilly's Endurables of Toronto, Ontario up for sale, according to a report in The Chronicle Herald newspaper of Canada…
Supreme Court Passes on Swipe Fee Test Cast
The National Retail Federation expressed disappointment at the U.S. Supreme Court’s announcement that it would not review an appellate court ruling on whether the Federal Reserve set a 2011 cap on debit card swipe fees higher than the level sought b
Sports Specialists Ltd, Adds and Honors Members
Sports Specialists Ltd. (SSL), which provides purchasing and other services to independently owned snow sports retailers, announced two new retailers and more than a dozen new suppliers joined its ranks in 2015…
Luxottica Reports Strong Q4 Gains from North America
Luxottica Group reported the appreciation of the dollar drove net sales up 13.4 percent, or 7.9 percent in currency neutral (c-n) terms, to €1.87 billion in the fourth quarter. On an adjusted basis, net sales grew by 14.9 percent (+9.3 percent c-n).