SGB Executive Apparel
The International Council of Shopping Centers (ICSC) said its annual back-to-school survey predicts a robust BTS-selling season this year.
A quick hit of the figures and facts coming out of the industry this week.
An overview of the top news that came out this week.
Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S.
While last season’s weak early winter (in Europe and in North America) and plenty of talk surrounding Brexit added some uncertainties for the outdoor industry across the pond, the general mood was optimistic.
A new consumer survey from UBS finds concerns about slowing athletic market growth in the U.S. are “overblown.”.
Sports Authority negotiated a deal with lenders that will allow its liquidation sale process to continue. According to bankruptcy court documents, going-out-of-business (GOB) sales would have ended Friday without the agreement.
In a shocker, Canadian Tire, the parent of Sports Chek and one of the largest retailers in Canada, ousted its CEO, Michael Medline, less than two years on the job.
Winmark Corp., the parent of Play It Again Sports, reported net income rose 13.7 percent for the quarter ended June 25, to $5.4 million, or $1.25 per share.
Helly Hansen, which was undergoing a cash crisis at the start of 2015, scored a major turnaround last year.
Heralded as the “largest deal ever in the history of sports,” UFC, the fast-growing professional mixed martial arts (MMA) organization, reached an agreement to be acquired by Hollywood mega-talent agency WME-IMG for $4 billion.
A spate of small acquisitions in recent weeks could mark the last gasps, rather than a resurgence, of a four-year boom in mergers and acquisitions in the global sporting goods industry, according to one investment banker.