Gildan Activewear Inc. announced that Glenn J. Chamandy, president and CEO, has entered into a pre-arranged share disposition plan, under which he has authorized and directed a U.S. financial institution to sell up to 1 million of his common share…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
US Speedskating Team Reportedly Slowed Down by UA Suits
U.S Speedskating officials may stop using Under Armour's hyped Mach 39 racing suit at the Sochi Olympics because of concern that a mesh vent in the back may be causing drag and slowing the skaters down, according to a report in the Baltimore Sun. The
VF Outdoor and Action Sports Coalition Grows Double-Digits in Q4
VF Corp reported revenues for the Outdoor & Action Sports coalition increased 12 percent in the fourth quarter to $1.9 billion with balanced growth across the U.S. and international markets as well as in wholesale and direct-to-consumer channels. Revenues
DSW Sees Flat Q4 Comps
DSW Inc. reported that fourth quarter comps were flat compared to a 3.6 percent increase for the same period last year.
Sport Chek Stars for FGL Sports’ Q4
Canadian Tire Corp. said its FGL Sports segment saw retail sales increase 13.3 percent for the fourth quarter with same-store sales climbing 12.5 percent. Comps at its core Sport Chek banner were up 15.6 percent for the same period…
Skechers’ Profit Surges as Sales Jump
Shares of Skechers USA hit a 52-week high last week after the company reported fourth-quarter earnings more than tripled on higher margins and a double-digit revenue gain…
Dick’s SG Lifts Q4 Guidance on Robust Comps
Dick's Sporting Goods, Inc. increased its fourth quarter guidance due to better-than-anticipated same-store sales and merchandise margin, partially offset by higher incentive compensation…
VF Corp.’s Growth Engines Humming in Q4
Led by double-digit growth at The North Face, Vans and Timberland, VF Corp. reported earnings rose 7.0 percent in the fourth quarter on an 8.5 percent sales gain…
Bauer to Snap Up Easton Baseball/Softball
In its largest acquisition to date, Bauer Performance Sports Ltd. (BPS) last week agreed to acquire the Easton Baseball/Softball business for US$330 million in an all-cash transaction…
Cabela’s Announces Plans for Three New Stores
Cabela’s Incorporated plans to open new stores in three new markets in 2015 and 2016 – Ammon, ID; Short Pump, VA; and Fort Oglethorpe, GA…
FGL Sports Delivers Double-Digit Q4 Comps
Canadian Tire said FGL Sports' retail sales increased 13.3 percent for the fourth quarter and same-store sales increased 12.5 percent. The core Sport Chek banner's same store sales were up 15.6 percent for the same period. Growth at FGL Sports,
Cabela’s Q4 Comps Slide on Weak Ammo Sales
Cabela's Inc. reported comparable-store sales fell 10.1 percent in the fourth quarter due to a “much sharper than expected decline in ammunition sales” and the overall weak holiday shopping season. Retail store revenues increased 7.3 percent to $711.
Bauer to Buy Easton-Bell’s Baseball Business
Bauer Performance Sports Ltd. entered into a definitive agreement to acquire the Easton Baseball/Softball business for $330 million in an all-cash transaction, subject to a working capital adjustment. Easton-Bell Sports also indicated it's in discuss
Verde Launches Action Sports + Lifestyle Division.
Verde Brand Communications officially launched a new action sports division…
The Buckle Appoints EVP of Stores
The Buckle, Inc. appointed Kari G. Smith to the newly created position of EVP of stores…
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