Ashley Reduces Stake in Sports Direct to 55.14 Percent

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.

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…

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)…

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

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…