Brunswick Corporation entered into a definitive agreement with KPS Capital Partners, LP (KPS) under which KPS will acquire Brunswick’s Fitness business and related brands, including Life Fitness, for $490 million in cash.
Author: SGB Media
Trump Resumes Tariff Threats Against China
On Sunday, President Donald Trump threatened to impose higher tariffs on China in a tweet, dashing hopes that Washington and Beijing would reach a trade deal in the near term. The prospect of a wider trade war sent global financial markets tumbling on Monday.
Report: Modell’s Taps Real Estate Adviser To Negotiate Leases
Modell’s Sporting Goods has hired real estate adviser A&G Realty Partners for a lease-renegotiation effort, according to a report from Debtwire.
Emerald CEO: Outdoor Retailer ‘Making Good Progress’ On Schedule Adoption
Outdoor Retailer is “making good progress” on convincing the industry that the three-show cycle—November for Winter Market, January for Snow Show and June for Summer Market—is the right cadence for buying cycles, according to Phil Evans, interim president and CEO and CFO of parent company Emerald Expositions Events Inc.
Firearms Background Checks Drop In April
FBI background checks, as adjusted by the NSSF, were down 6.9 percent in April to 992,642 compared to the April 2018 NSSF-adjusted NICS figure of 1.07 million.
Under Armour Partners With Long Island University
The Long Island University Department of Athletics announced that its unified athletics teams will enter into a five-year partnership with Under Armour as its official apparel supplier beginning in the 2019-20 academic year. The partnership will be executed by BSN Sports.
Umbro Extends Partnership With West Ham United
West Ham United said Umbro will remain as the club’s official technical partner until the summer of 2023.
Guspro Secures Mylec Licensing/Distribution In Canada
Guspro Inc., based in Chatham, Ontario, secured a long term licensing and distribution agreement for the Mylec brand of street and ball hockey products in Canada.
NormaTec Designated As An Official Supplier Of USA Softball
USA Softball announced that NormaTec, a leader in compression recovery technology for athletes, has signed on as an official supplier of USA Softball through February, 2021.
Decathlon To Open Ottawa Location
Decathlon will open a store in Ottawa in the fall for its fourth location in Canada, according to retail-insider.com.
Dick’s Announces The Grand Opening Of Three New Stores In May
Dick’s Sporting Goods will be opening two new Dick’s Sporting Goods stores and one new Golf Galaxy store in May.
Brooks Running Opens Distribution Center In Indiana
Brooks Running Company announced the opening of a distribution center to support faster delivery. Based in Whitestown, IN, the facility serves as the Brooks North American distribution center and will employ more than 130 people by 2023.
Aisle Talk Week Of April 29
Top headlines from the active lifestyle industry you may have missed this week, including the National Ski Areas Association (NSAA) reporting that skier visits to U.S. areas totaled over 59 million for the 2018/19 season.
Champion’s Growth Accelerates Again In Q1
HanesBrands Inc. said its Champion business, excluding the C9 line being phased out at Target, catapulted 75 percent globally on a currency-neutral basis in the first quarter, accelerating from gains of 50 percent in the fourth quarter and 40 percent in the third quarter.
Johnson Outdoors’ Q2 Sales Expand 7 Percent
Johnson Outdoors reported earnings rose slightly in the second quarter as sales rose 7 percent.
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