Sports/Fitness Retailer

Champs Sports Introduces Women’s Concept

Champs Sports, which is owned by Foot Locker Inc., has created an in-store shop concept called Champ Sports Women offering lifestyle-inspired footwear, apparel and accessories, with an emphasis on an active, healthy lifestyle, according to a report from Women's Wear Daily. (Read More)

Callaway Faces Activist Pressure

Callaway Faces Activist Pressure

Shares of Callaway Golf rose $2.29, or 14.4 percent, Thursday to $18.19 after activist investor Jana Partners revealed it had acquired a 9.5 percent stake in the company and planned to hold discussions with the company to explore a possible sale. Some analysts believe the action might lead to the divestiture of Jack Wolfskin. (Read More)

Moody’s Maintains Foot Locker’s Ba1 Rating

Moody's maintained Foot Locker's Ba1 corporate family rating after a periodic review. The rating agency noted the retailer’s "solid credit metrics and low level of funded debt, well-recognized brand names, meaningful scale, geographic diversification, and very good liquidity." (Read More)

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