Academy Sports to be Sold to Kohlberg Kravis Roberts

Kohlberg Kravis Roberts & Co L.P. (KKR) and Academy Sports + Outdoors entered into a definitive purchase agreement where KKR will acquire Academy Sports + Outdoors with the Gochman family retaining a minority ownership stake. Financial terms were not disc

Cabela’s Inc. Lays Out Strategy to Grow Business

In his opening statements to analysts Cabela’s Inc.’s recent Analyst/Investor Day in Allen, TX, CEO Tommy Millner credited the retailer’s successes in initiatives around improving the retailer’s return-on-capital, increasing stores

Perry Ellis Posts Q1 Gains in Swim and Golf

Perry Ellis International Inc.'s golf apparel and swimwear segments delivered a strong start to the year. In the first quarter, golf revenues grew 16 percent with a “solid” performance across the brands the company owns or licenses…

Foot Locker Inc. Shifts Management Roles

In a wide-ranging management reorganization, Foot Locker Inc. has promoted Richard Johnson, currently president and CEO of the company’s Footlocker USA group, to EVP and group president with responsibility for all of the company's domestic and

RECALL: Petzl Scorpio Via Ferrata Lanyards

Petzl has extended its May 13 voluntary recall of its Scorpio via ferrata lanyards (L60 and L60CK) from those manufactured until March 2005 to include those sold through May 19, 2011 following its initial analysis of a via ferrata accident in France….

Nautilus Appoints Chief Executive Officer

Nautilus, Inc. named Bruce M. Cazenave as chief executive officer and M. Carl Johnson, III has been elected non-executive chairman of the Board. Edward J. Bramson has relinquished his role as chief executive officer and chairman and resigned from the boar

Foot Locker Reorganizes Management Structure

As part of a management realignment, Foot Locker Inc. said Richard Johnson will be promoted to executive vice president and group president with responsibility for all of the company's domestic and international store banners. Key operational areas w

SGMA: PEP Funding for FY12 in Jeopardy

Just weeks after the Carol M. White Physical Education Program (PEP) received major funding for this year's programming, PEP is under attack again on Capitol Hill. On May 25, the U.S. House Education & Workforce Committee approved legislation to elim

Private Equity Firm Acquires ProSteel

Promus Equity Partners, LLC, the private equity investment arm of Promus Capital, acquired ProSteel Security Products, Inc. Based in Provo, Utah. ProSteel is a leading provider of gun safes marketed under the Browning ProSteel brand, as well as other vaul