Dick's Sporting Goods, Inc. has agreed to make a £20 million ($32 mm) Sterling strategic investment in JJB Sports plc, a leading U.K. sports retailer. The investment includes an option to purchase junior secured convertible notes that could result in
Category: Sports/Fitness
Kohl’s March Comps Up 3.6 Percent Due in Part to Warm Weather
Kohl’s Corporation reported that for the five-week month ended March 31, total sales increased 5.3 percent and comparable store sales increased 3.6 percent over the five-week month ended April 2, 2011. Year to date, total sales have increased 3.6 pe
Macy’s Comps Up 7.3 Percent in March
Macy’s, Inc. reported total sales of $2.358 billion for the five weeks ended March 31, an increase of 6.9 percent compared with total sales of $2.206 billion in the five weeks ended April 2, 2011. On a same-store basis, Macy’s, Inc. sales wer
Darn Tough Vermont Joins The Conservation Alliance
Darn Tough Vermont has become the latest member of The Conservation Alliance, which works directly with outdoor industry companies to fund conservation organizations working to protect North America’s last wild spaces…
Fleet Feet Undergoes Management-Led Buyout
The management team of Fleet Feet, Inc., the franchisor of running specialty stores, has partnered with Raleigh, NC – based Investors Management Corporation (IMC) to acquire Fleet Feet Sports from Tom Raynor, CEO and majority shareholder. Fleet Feet, Inc.
JJB Sports Confirms Talks with Potential Strategic Investors
JJB Sports plc confirmed that it has in recent weeks held discussions with its lending bank and a number of potential strategic partners and investors about raising additional financing for the company in what could be its third recapitalization since 200
Northern Lites Snowshoes Hires VP and GM
Northern Lites, the American manufacturer of snowshoes, hired Craig Brooks as vice president and general manager. Northern Lites was acquired by Brent and Brian Hallgren and their families in June of 2011…
Vapur Hires Verde PR and Consulting
Vapur, which designs and manufacturers collapsible hydration bottles, has hired Verde PR & Consulting as their public relations agency of record…
STM Bags Hires U.S. Sales Manager
STM Bags, an Australian maker of rugged cases for tablet computers and other electronics, has hired John Schlegel as its U.S. sales manager, where he will spearhead the day-to-day management of STM’s multi-channel distribution network, including out
Gart Capital Partners Invest in Finish Line’s Running Specialty Group
The Finish Line, Inc. announced that Gart Capital Partners (GCP) is making a $10 million strategic investment in Finish Line's Running Specialty Group with the goal of creating the nation's single largest operator within the growing specialty ru
Report: Land’s End on Selling Block
Sears Holdings Corp. has quietly put up its Lands' End brand on the block, and Chairman Edward Lampert is in talks with a few potential private-equity firms on the sale, according to a New York Post report. The company is said to have hired Goldman S
Vibrams FiveFingers Sued over Health Claims
A group of five law firms has filed a class-action suit against Vibram USA Inc and Vibram FiveFingers LLC in the U.S. District Court for the District of Massachusetts alleging the company used deceptive statements about the health benefits of barefoot run
Specialized Introduces e-Bike to European Market
Specialized Bicycle Components has launched an e-bike for the European market called Turbo that travels up to 45 kph and uses a battery than can recharge in two hours. The bike will not be made available in the United States, where bikes that travel in ex
Lifetime Products Introduces $299 Sit-inside Kayak
Lifetime Products Inc. of Clearfield, Utah, purports to be one of the largest kayak manufacturers in the U.S., introduced its first sit-inside kayak and said it will go on sales this month at Sports Authority for $299…
Vapur Names Reps for Outdoor and Sports Channels
Vapur said it has hired three sales agencies to increase sales of its collapsible hydration containers in the sports and outdoor market…
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