The new offer represents a 41.4 percent premium to the VSTO share price the day before MNC’s first offer in February and a 12.3 percent premium over the company’s $38.29 closing price on Friday, September 6. But all is not well in this relationship.
Author: SGB Media
Are We Headed for More Inventory Overhang as Retailers Bring Goods in Early?
If the forecasts prove correct, 2024 will have seen a seven-month stretch of import levels at or above 2 million TEU, the longest since a 19-month stretch through September 2022, as retailers pull shipments forward for fear of a port strike.
Alterra Mountain Company Names New President & COO at Palisades Tahoe
Amy Ohran comes to Palisades Tahoe as president and COO with nearly 35 years of experience in the snow sports industry, primarily working in the Lake Tahoe area.
FIFA Opens New Office in Miami Ahead of World Cup 2026
FIFA has opened its new Legal and Compliance Division office based in Miami, FL, underscoring the organization’s expanding global footprint ahead of the FIFA World Cup 26 in North America and Mexico.
Newton Golf Appoints Chief Financial Officer
Doug Samuelson replaces former CFO Steve Handy. He reportedly brings significant SEC reporting experience, Sarbanes Oxley compliance experience and over ten years of experience in public accounting.
Crunch Fitness Plans New Fitness Facility in Florissant, MO
The $5 million, 40,000-square-foot Crunch Florissant will be managed by the locally owned and operated Crunch Fitness franchisee, The Undefeated Tribe. The new gym will be in a former Gold’s Gym in the Florissant Market Place next to Schnucks.
Rally House Open Fourth Colorado Location
The new store in Westminster, CO, is the company’s fourth storefront to open in the state this year, following the opening of Rally House Outlets at Castle Rock and Rally House Alcove on Arapahoe in June and Rally House Belmar in July.
Carhartt Appoints Norma Delaney as VP, Brand Marketing and Creative
The company said Delaney will lead the development of marketing and creative strategies for Carhartt and play a critical role in shaping the company’s image and brand recognition. She will report to Susan Hennike, Carhartt’s chief brand officer.
Tenured Troon Exec Named Director of Business Development
A Phoenix, AZ resident, Landers has over ten years of industry experience in sales and marketing leadership roles, most recently as the membership and marketing director for Phoenix Country Club, a Troon Privé managed club.
Alterra Mountain Company Commits to $300M Capital Investment Program
The latest commitment continues the company’s capital investment cycle, which includes the first phase of the major Deer Valley expansion, elevated guest amenities, new and refurbished lifts, and more efficient snowmaking.
Arizona Game and Fish Commission Names New Director
Tom Finley has been with the Game and Fish Commission for 33 years and is the agency’s deputy director. Following a brief transition period, he will assume the director position.
EXEC: Footwear ASPs Continue to Decline Coming Out of Yue Yuen Factories in H1
Yue Yuen reportedly saw the volume of shoes it shipped to brands in the U.S. and Europe increase nearly 10 percent in the first half period ended June 30 (H1), but revenues for those pairs only increased 1.3 percent as average selling prices (ASP) declined 7.8 percent for the period.
NRF: U.S. Not Likely Headed Into Recession, but Jobs Market Slowdown Possible
NRF’s chief economist believes the U.S. economy has dodged a recession, but is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation. However, the jobs pictures seems to be another story.
Sierra and Barnes Names Digital Marketing Specialist
Dale Evans will lead a new digital-first marketing strategy and connect the Sierra and Barnes brands with core and new audiences.
NSSF: NICS Background Checks Ramp Up Heading into Election, Duck Season
August 2024 marks the 61st consecutive month that the data exceeded one million adjusted background checks in a single month. The 8.3 percent August gain in background checks is a sequential increase from the July positive 4.0 percent trend.
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