Delta Galil Sees 86 Percent Q2 Gain

Delta Galil Industries Ltd. reported a profit against a loss in the second quarter ended June 30. Revenues for the Israeli-based maker of underwear, leisurewear and activewear jumped 68 percent.

SportChek’s Same-Store Sales Climb 28.6 Percent In Second Quarter

Canadian Tire Corporation Ltd. reported comparable-store sales at SportChek improved 28.6 percent year-over-year in the second quarter ended July 3. Compared to 2019, comparable sales were up 5.1 percent at SportChek. Helly Hansen’s external revenue was $100.6 million, up 45.9 percent year over year. 

5.11 Confidentially Files For IPO

5.11, which is owned by Compass Diversified, announced that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

Bass Pro To Open Third St. Louis Location

Bass Pro Shops and Cabela’s announced plans to open a new store in Sunset Hills, MO. The  75,000-square-foot store will be the outdoor retailer’s third location in the St. Louis region.

Salomon Appoints New President

Amer Sports Corp. announced the planned appointment of Franco Fogliato as president and CEO of Salomon. Fogliato most recently held the position of executive vice president global omnichannel for Columbia Sportswear.

Fanatics Nets $18 Billion Valuation In New Funding Round

Fanatics secured $325 million in new funding as it looks to expand into other business opportunities, including sports sectors such as NFTs, gambling, gaming, ticketing, media, and more. Founder and Executive Chairman Michael Rubin will be taking over the role as CEO of the broader Fanatics company.