Pentland COO Talks Endura Acquisition, M&A Strategy

Pentland has big plans for its newest asset Endura – the company plans to accelerate the cycling apparel brand’s growth around the world. “We’ve got really big international aspirations,” COO Chirag Patel told SGB Executive in a Q&A about the Endura deal and Pentland’s M&A overall strategy.

RYU Apparel’s Revenues Jump In 2017

RYU Apparel Inc., the maker of urban athletic apparel, reported revenues for the year ended December 31, 2017 were $3.0 million, 121 percent higher than revenue of $1.37 million during the year ended December 31, 2016.

REI Posts Record Sales In 2017

REI, celebrating its 80th year, reported sales of $2.62 billion in 2017, a gain of  2.3 percent from $2.56 billion in 2016. The co-op also welcomed nearly 1 million new members and reinvested nearly 70 percent of profits into outdoor communities in 2017.

Fanatics Wins Lawsuit Against Former Employee

A circuit judge in Jacksonville, FL, issued a temporary injunction that won’t allow ’47 Brand to use information that is alleged to have been stolen from rival company Fanatics, according to a report from ESPN.

Where And When Will The Trade War End?

President Trump this week threatened additional tariffs on Chinese imports, prompting sharp criticism from outdoor and sporting goods brands that might not be directly impacted but generally view trade wars as “so last generation,” according to Jeff Turner of Kokatat.