Canada’s Wholesale Sports To Close

Wholesale Sports Canada Ltd. announced the orderly wind down and eventual closure of its 12 retail locations in the four western Canadian provinces, according to a statement from its parent United Farmers of Alberta Co-operative Ltd. (UFA).

Roots To Accelerate Expansion With IPO

Roots, the Canadian lifestyle apparel chain, filed for an initial public offering to accomplish ambitious growth goals in the years ahead, including adding about a dozen new doors in the U.S.

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.

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.