BSN Sports has acquired Kelly’s Sports, Ltd, based in West Chester, PA. So far this year, BSN has acquired Reynolds Team Sales in Western Massachusetts, Midwest Sportswear & Athletic Supply in Minnesota, DC Sports in New York/New Jersey, and Gulf Coast Athletic Supply in Texas.
Author: SGB Media
Benelli USA Adds Product Manager for Franchi And Accessories
Benelli USA announced the addition of Bret Maffett as the company’s product manager for the Franchi brand and the accessories category.
Vail Resorts CEO To Donate $31 Million From SAR Exercise
Vail Resorts Inc. announced that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) that were expiring over the next two years and will be donating 100 percent of the shares and proceeds received to his family charitable foundation and donor advised charitable fund.
Canadian Tire Prices Aggregate C$650 Million Notes Offering
Canadian Tire Corporation Ltd. announced the pricing of a private placement offering of C$650 million aggregate principal amount of unsecured medium term notes.
Nike Withdraws Iran World Cup Team’s Boots Due To Sanctions
Nike confirmed Monday the company had stopped supplying Iran’s football team with boots ahead of the World Cup due to sanctions.
Asics Publishes 2017 Sustainability Report, Sets 2030 Goals
Asics set ambitious new targets for 2030, including reducing the carbon footprint of the company’s own operations by 33 percent And cutting supply chain carbon emissions by 55 percent of 2015 levels.

Authentic Brands Group Acquires Nine West
Authentic Brands Group (ABG) acquired Nine West Holdings, the parent of Nine West, Anne Klein and Gloria Vanderbilt, in a bankruptcy auction.
Cascade Mountain Skier Grace Winkelmann Wins Leki’s Ski Camp Scholarship
Leki announced that Grace Winklemann of Wisconsin is the winner of the 2018 Leki full-ride scholarship to the Ligety-Weibrecht Ski Camp. Grace, who grew up skiing in Winter Park, CO, recently moved to Wisconsin to be closer to family, and soon joined the Cascade Mountain Ski Team.

Giving Back For Father’s Day … Michelob Ultra x Up2Us Sports
Giving Back For Fathers Day … Michelob Ultra x Up2Us Sports

Up2Us Sports … Inspiring Kids To Achieve Their Potential
Giving Back … Michelob Ultra x Up2Us Sports
Sequential Brands Names President Of Fashion Division
Sequential Brands Group Inc. announced Karen Castellano as president of Fashion. Castellano will oversee the company’s brands in the fashion division, which includes Jessica Simpson, Joe’s, William Rast and Ellen Tracy.
Craft Sportswear Launches New Canadian Headquarters
Craft Sportswear Canada, a division of New Wave Group, announced the launch of the company’s new Canadian subsidiary offices in Ville-Saint-Laurent, Quebec.

Retail Report Roundup – June 11
Studies arrived last week on Amazon’s dominance, identity fraud concerns, voice-assisted shopping skepticism, location-based marketing’s in-store lift, skimpy online return rates and app shopping worries.
Moody’s Downgrades JC Penney’s Debt Ratings
Moody’s Investors Service downgraded JC Penney Company’s Corporate Family Rating to B2 from B1.