Wall Street Journal: Berkshire Partners Considering Sale Of Implus

Berkshire Partners is exploring a sale of Implus LLC, the parent of Sof Sole, Balega, SKLZ, Triggerpoint and a number of other brands in the accessories space, the Wall Street Journal reported. Berkshire has hired Robert J. Baird and Jefferies LLC to run an auction that could value Implus at about $1 billion, the article said.

U.S. Polo Assn. Eclipses Milestone Of 1,000 Retail Stores

USPA Global Licensing Inc. (USPAGL), the official licensing arm and national broadcaster of the United States Polo Association (USPA), announced that U.S. Polo Assn. has surpassed a major milestone by opening approximately 1,050 monobrand retail stores globally.

Peak Resorts Pre-Season Pass Sales Grow 22 Percent

Peak Resorts Inc., a Wildwood, MO-based owner and operator of U.S. ski resorts, on Wednesday reported that through October 19, pre-season sales of the company’s 2018/2019 Peak Pass increased 19 percent on a unit basis and 22 percent on a revenue basis, compared to the prior year.

John Lacy Named Co-CEO Of Burton With Donna Carpenter

Burton on Wednesday announced that the company’s current president, John Lacy, will now share the CEO role with Burton’s co-owner and current CEO, Donna Carpenter. The new co-CEO structure is a natural evolution for Carpenter and Lacy, who have run Burton in partnership for nearly three years.

Shimano’s Profits Expand 3.2 Percent In Nine Months

Shimano Group reported that net sales in the first nine months increased 3.2 percent from the same period of the previous year to ¥253.9 billion. Operating income increased 2.7 percent to ¥47.8 billion, ordinary income increased 35.2 percent to ¥54.8 billion and net income increased 42.4 percent to ¥40.0 billion.

Rocky Brands Inc. Beats On Q3 Revenue & Income

Rocky Brands Inc. on Tuesday reported net sales for the third quarter ended increased 1.9 percent to $65.9 million compared to $64.7 million in the third quarter of 2017, beating Wall Street estimates by $0.4 million.

The Conservation Alliance Welcomes Browne Accounting

The Conservation Alliance has announced that Seattle-based accounting firm Browne Accounting has joined as the alliance’s newest member. In joining The Conservation Alliance, the full-service, virtual firm is helping to protect public lands for future generations.