Aisle Talk Week Of August 12

Top headlines from the active lifestyle industry you may have missed this week, including Gearhead Outfitters, an Arkansas-based outdoor specialty retailer, acquiring Rock/Creek Outfitters in Tennessee and Uncle Dan’s Outdoor Store in Illinois from Camping World Holdings Inc.

Avenatti Motion Punches Back At Nike, But Will It Land?

Legitimate claim that Nike Inc. made illegal payments to high school hoops stars, or malicious attempt by desperate lawyer to clear his name of wrongdoing? That’s the question at the heart of the motion that attorneys for Michael Avenatti filed in federal court Wednesday to dismiss his recent indictment. SGB breaks down the latest in this ongoing saga, which includes accusations of payments to such stars as Zion Williamson.

Dillard’s Significantly Widens Loss In Q2

Dillard’s Inc. reported a net loss for the 13 weeks ended August 3 of $40.7 million, or $1.59 per share, compared to a net loss of $2.9 million, or 10 cents per share, for the prior-year second quarter. Analysts expected a loss of 77 cents per share.

FanDuel Group, Major League Baseball Announce Sports Betting Partnership

FanDuel Group and Major League Baseball (MLB) Thursday announced a multi-year partnership designating FanDuel as an authorized gaming operator of MLB. This is a landmark deal for FanDuel as it marks the company’s first partnership with Major League Baseball or an MLB team. The partnership provides FanDuel access to official MLB data, along with league […]

Private Equity Firm Norwest Invests In Vuori

Norwest Venture Partners on Thursday announced it has made a minority equity investment in Vuori, a performance apparel brand based in Encinitas, CA. Financial terms of the investment weren’t disclosed.