Middleton Partners has agreed to pay $39 million to acquire Maurice Sporting Goods in bankruptcy proceedings. Middleton Partners will service as a stalking horse bidder to support an auction in bankruptcy court in Wilmington, DE.
Category: Apparel
Adidas Seeks To Dismiss Rick Pitino’s Lawsuit
In a motion filed in the Western District of Kentucky, Adidas asked a federal judge to dismiss former University of Louisville men’s basketball coach Rick Pitino’s civil lawsuit against the company.
Adobe: Online Sales Climb 18 percent Over Thanksgiving/Black Friday
According to Adobe Analytics, U.S. retailers generated a record $7.9 billion in online sales on Black Friday and Thanksgiving, an 18 percent gain over the prior year.
Adidas To Sponsor South Alabama
The University of South Alabama formed a new partnership with Adidas in which the Portland, OR-based company will be the official athletic apparel and accessories brand for the Jaguars.
Lauren Hobart Makes Appearance In Dick’s Holiday Campaign
Lauren Hobart, who was promoted to president of Dick’s Sporting Goods in May, makes an appearance in several executions of Dick’s Sporting Goods’ holiday television commercials.
Grassroots Outdoor Alliance Welcomes Three New Retailer Members
The new Grassroots retail members include Cascades Outdoor Store, Outdoor Gear Exchange and Townsend Bertram & Co.
JackRabbit Acquires Austin’s Rogue Running
JackRabbit has acquired Rogue Running, which operates one store in Austin.
Amazon Sets Steep Sports Deals For Cyber Monday
Amazon is planing to offer Cyber Monday offers across its Sports & Outdoors categories. Deals include saving up to 30 percent on camping gear from Coleman and up to 50 percent on select Adidas merchandise.
Aisle Talk, Week Of November 20
Top headlines from the active lifestyle industry you may have missed this week.
Cabela’s To Open On Thanksgiving
Cabela’s, which was acquired by Bass Pro on September 25, will be open on Thanksgiving for what appears to be the first time in its history.
Fanatics Unveils ‘Fast Break’ NBA Jerseys
Fanatics launched its full 30-team assortment of the NBA’s new official fan jersey, the “Fast Break” created by Fanatics Brands, the company’s in-house apparel division.
New Era Unveils MLB Training Caps
New Era unveiled the new PROLIGHT 59FIFTY, a fitted cap that will be worn by all Major League Baseball players in Spring Training games and during batting practice prior to regular-season games throughout 2018.
Maurice Sporting Goods’ Trip To Bankruptcy Court
In court papers, Maurice Sporting Goods blamed challenges consolidating its U.S. distribution centers, debt taken on from recent acquisitions and the spate of bankruptcies in the sporting goods industry as the reasons for its bankruptcy filing.
Adidas Inks Seven-Year University Of North Dakota Deal
The University of North Dakota and Adidas announced a new multi-year partnership in which the Portland, OR, based company will be the official athletic footwear, apparel and accessory brand of the Fighting Hawks through the 2024-25 season.
Under Armour Partners To Support Sleepwear Opportunity
Redwave Global, a Pittsburgh-based science technology company, announced its partnership with Under Armour, Inc. to provide restorative apparel to consumers nationwide.
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