Sports Direct International plc, the UK's leading sports retailer, sold its 4.6 per cent stake in Debenhams plc and entered an additional put option contract that nearly doubled its potential stake in the British department store to 12.7 percent…
Author: Charlie Lunan
Adams USA to Liquidate After Selling Brands to Schutt Sports
Adams USA is liquidating after selling its Adams, Trace, Bolco, Neumann and Bucks brands and certain inventory from its current catalog to Schutt Sports. On Monday, Nov. 10, Adams USA was to begin liquidating the balance of its inventory as well as machi
Dorel Reports 6 Percent Organic Growth in Q3 Cycling Sales
Dorel Industries Inc. reported organic revenue increased by 6 percent at its Recreational/Leisure segment in the third quarter as e-bike and mountain bike sales grew in the independent bicycle dealer channel and Pacific Cycle benefited from improved consu
Dainese Agrees to be Acquired by Investcorp
Dainese, the Italian company that makes protective gear for motorsports, winter sports, bicycling and horse riding, has agreed to be acquired by Investcorp at an enterprise value of €130 million, or roughly $165 million. Company founder Lino Dainese
Halfords Comps Growth Slow in Second Quarter
Halfords Group plc reported same-store sales slowed at its Cycling and Travel Solutions segments in the second quarter compared with the first quarter. The company, which is the
United Kingdom's largest retailer of cycling and leisure products, repo
FGL Sports Turns in Another Strong Quarter
FGL Sports saw retail sales increased 13.0 percent and same-store sales grow 8.5 percent in the third quarter over the same quarter last year, reflecting strong growth across key banners. At its flagship Sport Chek banner, comps grew…
Garmont Hires Bill Dodge to Build North American Subsidiary
Garmont International S.R.L. is investing in a full-service subsidiary for North America and has named Bill Dodge as CEO. Dodge comes from Wolverine World Wide, where he served as VP of global product design and development for the Merrell, Patagonia and
REI Survey Shows Outdoor Enthusiasts Rearing to Get Outside
REI released results from a survey that indicates 73 percent of American adults who participate in outdoor activities at least once every three months want to spend more time outside next year. That's seven times greater than the number who want to s
SIA Releases First Results from Downhill Consumer Research Project
There has been no significant growth or decline in the base of people participating in downhill skiing and snowboarding since the mid-1970s, according to a review of data being done as part of Downhill Consumer Intelligence Project (DCIP). The project, w
Mammut Names Two New Rep Agencies
Mammut named the two rep agencies that will handle sales and service for retailers in New England and the territory comprising the Great Lakes and Upper Midwest…
ShopRunner and Alipay Partner to Offer Retailers Better Access to Chinese Shoppers
ShopRunner announced a new partnership with Alipay that aims to pave the way for China's shoppers to buy directly from U.S. retailers’ e-commerce sites. ShopRunner will launch the service with a select group of existing ShopRunner merchants thi
Smith Optics Drives 16.8 Percent Growth at Safilo Sports in Q3
Safilo Group S.p.A. reported net sales of Smith Optics sunglasses, goggles and helmets drove a 16.8 percent increase at its Sports Product segment in the third quarter ended Sept. 30. Safilo's Sports product sales reached €25.6 million ($34mm)
CamelBak Sales Drift Lower in Third Quarter
Camelbak Products' net sales declined 3.4 percent to $33.5 million during the third quarter ended Sept. 30, compared to the same period in 2013, its parent company Compass Diversified Holdings Inc. reported…
Eagles Nest Outfitters Launches New Website
Eagles Nest Outfitters launched a new smartphone-friendly Web site featuring a virtual hangout called 'Enopia,' and much rich content including video set up instructions for its packable hammocks and hammock accessories…
Skullcandy Operating Income Surges on Strong Q3 Sales
Skullcandy Inc. grew its operating income more than six fold in the third quarter ended Sept. 30 and blew through analysts' earnings estimates as net sales increased 16.1 percent to $58.1 million…
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