Laver Cup organizers announced that Head has signed a multi-year deal to become a global sponsor of the event starting with this year’s edition to be held at the TD Garden in Boston from September 24-26, 2021. (Read More)
Trigon Sports Int., Inc. announced the acquisition of Practice Partner, Inc. located in Wilmington, NC, effective March 1, 2021. The merged business will continue operating in Memphis, TN. (Read More)
Nordstrom Inc. reported a sharp decline in fourth-quarter earnings but results topped Wall Street's target. Net sales decreased 20 percent, which improved sequentially by 600 basis points relative to the third quarter, after adjusting for a shift of the Nordstrom Anniversary Sale. (Read More)
Ross Stores Inc. reported earnings fell 47.8 percent in the fourth quarter as same-store sales declined 6 percent. The off-pricer said an upsurge of the virus resulted in lower traffic, especially in California, its largest state. (Read More)
Big 5 Sporting Goods Corp. reported a significant hike in earnings in the year ended January 3 as same-store sales jumped 10.5 percent. The sporting goods chain also hiked its dividend by 50 percent and predicted same-store in the first quarter would climb approximately 20 percent. (Read More)
Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew. (Read More)
Craig Williams, president of Jordan Brand at Nike, has been appointed to the board of directors at Capital One Financial Corporation. (Read More)
Stony Creek Colors, based in Springfield, TN, has raised over $9 million in a Series B financing round. (Read More)
The Pac-12 announced that Jockey will become the official apparel partner of the Pac-12 under a new multi-year partnership. (Read More)
Canada Goose announced a multi-year partnership with the National Basketball Association (NBA) that makes Canada Goose the Outerwear Partner of the NBA All-Stars. (Read More)
Slinger Bag and Wilson Sporting Goods Co. announced a new strategic collaboration. Slinger Bag will collaborate on co-branded products and promotional initiatives with Wilson. (Read More)
Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street's consensus estimate of $2.49. Same-store sales grew 6.9 percent. (Read More)
Macy’s Inc. announced changes to its senior leadership team, including the exit of its COO and a new CIO and head of real estate. (Read More)
Camping World Holdings Inc. announced an agreement to acquire EZ Living RV in Braidwood, IL. (Read More)
Kohl's Inc. reported earnings on an adjusted basis grew 12.3 percent in the fourth quarter to easily top Wall Street's targets. Sales were down 10.1 percent. (Read More)
Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1. (Read More)
Tailwind Capital has closed on its acquisition of the International Sports Sciences Association (ISSA), the eLearning platform for the fitness and wellness industry. (Read More)
Gaia Inc. reported revenues in the fourth quarter increased 27 percent to $18.6 million from $14.7 million in the year-ago quarter. This was primarily due to growth in members and an increase in average revenue per member. (Read More)
Compass Diversified (CODI) said it intends to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering. (Read More)
In an effort to combat overconsumption in the outdoor industry and its associated environmental... (Read More)