Moody’s affirmed the ratings of Bass Pro after due to improving margins as synergies from the company’s merger with Cabela’s have arrived ahead of plan. Bass Pro’s debt repayments have also been higher than expected since the acquisition closed.
Category: Footwear

Under Armour Signs Two NBA Rookies: Mo Bamba And Hamidou Diallo
Under Armour signed Orlando Magic rookie center Mo Bamba and Oklahoma City Thunder rookie guard Hamidou Diallo.

Nike And U.S. Olympic Committee Launch Online Training Tool For Coaches
Nike and the United States Olympic Committee, as part of the committee’s commitment to Project Play 2020, announced the release of How to Coach Kids, a free, 30-minute training course on coaching kids ages 12 and under.
Under Armour’s HR Chief Joins Talent Agency
Kerry Chandler, chief HR officer for Under Armour since 2015, has joined Endeavor, the talent agency based in Los Angeles.

Gordon Hayward Signs Offer Sheet With Anta
Chinese sports brand Anta in ab brief statement said Gordon Hayward, the Boston Celtics’ star forward, has officially signed an offer sheet with the company.

Fleet Feet Announces Opening Of Second Location In Mississippi
Fleet Feet announced the opening of a store in Flowood, MS, later this fall. Lesley and Matthew Holleman, co-owners of the Fleet Feet location in Ridgeland, MS, will own the 1,956-square-foot store.

Dick’s Sporting Goods To Hire 5,000 on “National Signing Day”
Sporting goods retailer Dick’s Sporting Goods has announced that the company will host the company’s own “National Signing Day” on October 24 to support the company’s hiring efforts for seasonal teammate positions nationwide.
David Abney Joins Macy’s Board of Directors
Macy’s Inc. on Tuesday announced the appointment of David Abney, chairman and CEO of United Parcel Service Inc., to the company’s board of directors, effective October 25.

Cowen Calls Out Active Lifestyle Upstarts
In a note, analysts at Cowen Group highlighted six up-and-coming or rebounding brands – Fila, Puma, Rhone, Allbirds, Fanatics and StockX – that are causing some disruption in the active lifestyle space with the potential to do more.
Bass Pro, Cabela’s To Hire 7,000 Seasonal Positions
Bass Pro Shops is looking to hire approximately 7,000 seasonal workers to prepare for the holiday shopping season and the return of its popular Santa’s Wonderland experience. Cabela’s locations will be participating in Santa’s Wonderland for the first time this year.
2016 Olympian Sydney McLaughlin Signs With New Balance
New Balance announced the signing of Sydney McLaughlin to a multi-year endorsement contract.

September Retail Sales Increased 3 Percent
Retail sales in September increased 0.4 percent over August on a seasonally adjusted basis and were up 3 percent year-over-year unadjusted, according to calculations released by the National Retail Federation. Sporting goods stores sales were down 6.3 percent unadjusted year-over-year and up 0.7 percent seasonally adjusted from August.

Fitness Takes A Hit With Sears Bankruptcy
In a blow to a number of fitness equipment suppliers, Sears, as expected, on Monday filed for bankruptcy protection. One fitness company, Icon Health And Fitness Inc., landed on Sears’ list of the top-20 unsecured creditors, owed $12.1 million.

Iconix Brand Group Appoints Robert Galvin As CEO
The board of directors of Iconix Brand Group Inc. on Monday announced that Robert Galvin has been appointed CEO, president and a member of the board of directors of the company effective October 15.

Sears Files For Bankruptcy; To Close 142 More Stores
Sears Holdings, the parent of Sears and Kmart, filed for Chapter 11 bankruptcy early Monday morning after a long battle to stay afloat amid steep declines in sales and customer traffic. As part of the bankruptcy, Sears will shutter 142 stores toward the end of the year.