In its first financial report since announcing the merger plans, the hunt-and-fish retailer showed that it could benefit from some of the scale that will come with the pending deal.
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Puma’s Recovery Gains Further Momentum
Sales in the third quarter jumped 10.8 percent on a currency-adjusted basis, driven by a 17-percent hike in footwear in addition to celebrity partnerships.
Nordstrom CFO To Retire In Spring 2017
Mike Koppel joined Nordstrom in 1999 and has been the company’s chief financial officer since 2001.
Under Armour’s Weak Forecast Spooks Market
While the sporting goods giant logged a robust third quarter, officials warned that the company’s core apparel growth is slowing.
Oakley, Ray-Ban Q3 U.S. Sales Impacted By MAP, Integration Efforts
No rose-colored glasses here. How the world’s largest sunglasses manufacturer is faring in its goal to clean up inventory and discounting of its products.
How Did Bill Murray Get His Own Golf Line?
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Liquidators Largely Prevail In Golfsmith Bankruptcy
While Dick’s Sporting Goods stepped up to keep about 30 Golfsmith stores open, the remaining 59 locations will face liquidation.
Skechers Q3 Hit By Domestic Weakness
A decline in the footwear brand’s domestic wholesale sales, attributed to U.S. retail bankruptcies and some trend shifts, could signal a bumpy ride for active lifestyle brands in the third quarter.
Boston, San Francisco Most Active Cities
Rounding out the top five are San Francisco, Chicago, New York City and Washington D.C.
Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
Wolverine Struggles To Find Growth
Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.
Where Are Sports Authority’s Key Personnel Landing?
Quite a few executives displaced by the liquidation of Sports Authority several months ago have already lined up new jobs, including some inside the sports industry.
The North Face Targets Urban Explorers With Concept Shop
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SurfStitch Appoints CFO
The online action sports retailer appointed Nigel Phillips as its chief financial officer and Stephanie Belton as company secretary.
Bass Pro CEO Talks Cabela’s Merger
Bass Pro Founder and CEO Johnny Morris reassured Cabela’s employees that he plans to retain a “significant” presence in Nebraska, but there will be some layoffs and co-branding between the retailers.
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