Monomoy Capital Partners completed the acquisition of West Marine Inc. at a price of $12.97 per share or a total of approximately $337 million.
Category: Apparel

Fanatics Aiming For $10 Billion In Sales
Expanding internationally and capitalizing on its verticalization capabilities, Fanatics expects to reach over $2 billion in sales in 2017 and sees the long-term opportunity to reach more than $10 billion in sales, Michael Rubin, executive chairman of Fanatics, said Wednesday at Recode’s Code Commerce event.

Asics Opens Store In Honolulu
Asics America Corp. opened its doors to a new location in the heart of Waikiki at International Market Place.
Cherokee Appoints Independent Director
Cherokee Global Brands appointed John T. McClain to the company’s Board of Directors. McClain will serve as an independent director of the company and Chair the Board’s Audit Committee effective immediately.

Under Armour Introduces Global Footwear Innovation Hub In Portland
Under Armour unveiled a new center for performance innovation in Portland, OR, bringing footwear design and development under one roof. The innovation hub includes a forward-looking biomechanics lab and performance training center for athlete testing.
Headsweats Partners With National Down Syndrome Society
Headsweats will be a premier sponsor of the organization’s 23rd Annual Buddy Walk and will produce a collection of NDSS-branded headwear styles.
GK Elite Sportswear Partners With Cheer Derby
Elite Sportswear, a leading specialty cheer and gymnastics apparel company, partnered with Cheer Derby, the independently-owned cheer and dance competition event company.

Shares Of Finish Line Jump On Takeover Talk
Shares of Finish Line rose 63 cents, or 6.5 percent, to $10.37 on Wednesday after Susquehanna Financial Group LLLP analyst Sam Poser wrote in a note that Finish Line’s adoption of a poison pill will likely lead to an acquisition by Sports Direct.
Varsity Brands Kicks Off 2018 Varsity Brands School Spirit Award
Varsity Brands launched its 2018 Varsity Brands School Spirit Awards, kicking off on National School Spirit Day, a day recognizing the power of school spirit.

Deckers Brands Receives Director Nominations From Marcato Capital Management
Deckers Brands confirmed that affiliates of Marcato Capital Management have nominated 10 director candidates to stand for election to the Board of Directors at Deckers’ 2017 Annual Meeting of Stockholders.
PrimaLoft Names Sales And Marketing Manager For APAC Region
Clark Jin (Jin Lukai) will serve in the new role of sales and marketing manager for the APAC region. He will report to Jochen Lagemann, managing director of Europe and Asia for PrimaLoft.
Evo Partners With Loge On Store
Seattle-based action sports, lifestyle, and outdoor retailer Evo announced a strategic partnership with Loge Co., a brand offering camping and lodging destinations catering to surfers, hikers, and outdoor enthusiasts with a first location in the coastal community of Westport, WA.

Adidas And Wanderlust Break Yoga Record
On Sunday, September 10, Adidas and Wanderlust broke the official Guinness World Records Title for most people doing yoga in pairs at the Wanderlust 108 Brooklyn event in Prospect Park.

Report: Jordan Extends Deal With Russell Westbrook
Russell Westbrook has signed the “most lucrative” deal ever with Nike’s Jordan brand, sources told ESPN.

Descente Becomes Apparel Sponsor Of The Honolulu Marathon
Japanese sports and outdoor brand Descente signed a three-year deal with the Honolulu Marathon beginning in 2017.