SGB Executive Apparel
UBS Global Survey Finds U.S. Athletic Slowdown Fears “Overblown”
A new consumer survey from UBS finds concerns about slowing athletic market growth in the U.S. are “overblown.”.
Sports Authority Strikes Deal with Lenders to Avoid All-Out Liquidation
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.
Why Was Canadian Tire’s CEO Ousted?
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.
Play It Again Sports Parent Sees Q2 Income Expand
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 Delivers Turnaround Year
Helly Hansen, which was undergoing a cash crisis at the start of 2015, scored a major turnaround last year.
UFC Cashes Out
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.
Spate Of Small Deals May Mark End Of M&A Boom
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.
Total Hockey Seeks Sale In Bankruptcy Court
Total Hockey filed for Chapter 11 bankruptcy petition and is looking for a buyer.
Sports Direct Reports Disappointing Fiscal Year Results
Sports Direct International plc, which pulled its bid for hundreds of Sports Authority stores last month, reported margins flatlined at its sporting goods retailing segment in the fiscal year ended April 24 as sales slowed in the back half of the year.
Sports Authority Settles Consignment Vendor Claims
Sports Authority reached an agreement that will allow it to sell pre-bankruptcy goods bought on consignment as part of its ongoing liquidation efforts.
Mammut Names New CEO
Oliver Pabst has been named to replace Rolf Schmid as the CEO of Switzerland’s Mammut Sports Group by the board of directors of Conzzeta AG.
Adidas Group Finds A Buyer For Mitchell & Ness
Adidas AG completed the sale of Mitchell & Ness, the one-time leader of the retro jersey craze, to a newly formed entity primarily owned by Juggernaut Capital Partners.
Patagonia Opens New Front in Sustainability Arms Race
Patagonia said it will begin working with the Outdoor Industry Association (OIA), textile suppliers and appliance manufacturers to better understand the threat fleece and other synthetic apparel pose to the environment.
Finish Line to Launch New Store Design Next Month, While Closing Others
The Finish Line plans to remodel 50-60 Finish Line stores this year using a new store design that will debut in July, the CEO of its parent company said June 24.
