SGB Executive Apparel
By The Numbers, Week Of October 31
The leading figures from this week’s news in the active lifestyle space.
Gildan Activewear Lowers 2016 Guidance, But ‘Very Bullish’ For 2017
Despite missing Wall Street’s revenue and profit estimates, plus lowering full-year guidance, investors were encouraged by Gildan’s 2017 outlook to send the stock up.
Can Finish Line Find A Buyer For JackRabbit?
The report of a potential sale comes as the segment is improving its business, yet still underperforming its parent company’s expectations.
Big 5 Sees Big Benefits From Competitor Closures
With Sports Authority and Sport Chalet out of business, Big 5 took advantage in the Western U.S. of being one of few remaining sporting goods outlets. But new competition is coming.
Black Diamond Aims To Diversify With Acquisitions
Even as the company’s stock emerges as a way for investors to profit from the proliferation of climbing gyms, the company has scratched other outdoor equipment brands from its acquisition shopping list.
Performance Sports Seeks Bankruptcy Sale By February
A deal in place would sell nearly all of its assets for $575 million to an investor group led by Sagard Capital, its biggest shareholder, and Fairfax Financial Holdings Ltd., but other bids may emerge in the bankruptcy auction.
Tough Sledding At Coleman And Marmot
Organic sales at Newell Brands Inc.’s Outdoor Solutions segment, excluding brands marked for sale, declined in the third quarter despite growth at Pure Fishing.
Champion’s Sales Hurt By Bankruptcies
While acknowledging declines at specialty sports channels, sales gains for activewear within mass channels gave officials confidence that the dip will be temporary.
Cautious Retailers Dampen Columbia Sportswear’s Growth Spurt
A bad (warm) winter, such as that of 2015, tends to hit vendors the following year. And that time is now.
Aisle Talk, Week Of October 24
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 24
The leading figures from this week’s news in the active lifestyle space.
Bass Pro Skirts Debt Downgrade
Despite “significant integration risks,” Moody’s said it was assured that the strategic benefits of a merger between Bass Pro Shops and Cabela’s outweigh the negatives.
Boot Barn Sees Profit Turnaround In Q2
New merchandise strategies helped the western boot retailer offset the drag of oil and commodity pressures that are affecting Texas, Colorado, Wyoming and North Dakota.
Why Cabela’s Is Eager For The Bass Pro Merger
In its first financial report since announcing the merger plans, the hunt-and-fish retailer showed that it could benefit from some of the scale that will come with the pending deal.
Puma’s Recovery Gains Further Momentum
Sales in the third quarter jumped 10.8 percent on a currency-adjusted basis, driven by a 17-percent hike in footwear in addition to celebrity partnerships.
