Houlihan Lokey, the investment bank, announced that Nathan Pund has joined the firm as a managing director in the Consumer, Food, & Retail (CFR) Group. He is based in Dallas, TX, and will continue his focus on the active lifestyle, outdoor, and tactical sectors.
Category: Apparel
Kinsey’s Acquires Pape’s
The Kentucky and Pennsylvania warehouses will operate independently until there is integration to one computer system.
Golf Datatech Releases Study On Amazon’s Impact On Golf Equipment and Apparel
Golf Datatech LLC released a first-of-its-kind Amazon Impact Report; a study that highlights the effect the United States’ largest online retailer is having on the golf equipment and apparel market.
Hoka One One Elite Team Adds Seven Athletes
Hoka One One, a division of Deckers Brands, continues to strengthen its elite athlete team with the addition of Olympian Cam Levins and ultrarunners Ellie Greenwood, Andrea Huser and Kris Brown. In addition, the Hoka One One New Jersey*New York Track Club has added Megan Mansy, Danielle Aragon, and Rob Napolitano to the track-focused team.
Adidas Resigns John Wall
Adidas has resigned John Wall to a five-year endorsement contract.
Genesco Sees Q4 EPS At Low End Of Guidance
Genesco Inc. reported same store sales decreased 2 percent and earnings are now expected to come in at the lower end of its recent guidance.
Delta Apparel Sees Double-Digit Gains In Q1
Delta Apparel said it expects pre-tax profitability in the fiscal 2018 first quarter, which is typically its most challenging quarter, compared to a net loss of 8 cents per diluted share in the prior year period.
Lululemon Lifts Guidance On Sales Uptick
Lululemon now expects same-store sales to climb in the high-single digits in the quarter versus mid-single digits previously. Earnings are expected in the range of $1.24 to $1.26, up from $1.18 to $1.21 under its former guidance.
Grassroots Fall Connect Show Moving To Denver
The Grassroots Outdoor Alliance will be moving its Fall 2018 buying show, Grassroots Outdoor Alliance, to Colorado Convention Center in Denver, starting in November. The first expo will take place November 4 to 7.
Billabong And Quiksilver To Create Action Sports Giant
Two companies that have struggled in recent years –Billabong and Boardriders (formerly Quiksilver) – have agreed to merge in hopes of faring better together tackling the brutal action sports marketplace.
Aisle Talk, Week Of January 1
Top headlines from the active lifestyle industry you may have missed this week.
Sloane Stephens Shifts From Under Armour To Nike
Sloane Stephens, formerly Under Armour’s top female tennis endorser, has signed a deal with Nike.
Billabong To Merge With Quiksilver
The parent of the Quiksilver, DC Shoes and Roxy, B0ardriders Inc., agreed to acquire rival Billabong International Ltd., creating combining two of the largest active sports brands worldwide.
Nike Golf Signs Patrick Reed
Nike Golf added a number of golf ambassadors, including Patrick Reed, the five-time PGA Tour winner.
Wells Fargo Sees Dick’s As Long-Term “Survivor”
Wells Fargo upgraded its rating on Dick’s Sporting Goods to “Outperform” in part because it believes the company will ultimately benefit from the industry’s consolidation, much like Best Buy has done in the consumer electronics channel.
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