SGB Executive Outdoor
Aisle Talk, Week Of April 3
Top headlines from the active lifestyle industry you may have missed this week.
EMS And Bob’s Stores Continue To Shrink
The closings would leave EMS with 24 locations and Bob’s Stores with 14.
How Does Emerald Expositions Make Money?
Emerald Expositions Events Inc.’s initial public offering reveals that its collection of sports-related trade shows, including Outdoor Retailer, Surf Expo and Interbike, are growing at a steady double-digit rate with healthy booth renewal rates. But particularly impressive is its overall robust profit margins and cash flow conversion.
VF Looks To Jumpstart Acquisitions
“History has shown and we continue to believe that M&A is our highest and best use of capital,” said Scott Roe CFO and VP, at the company’s annual Investor Day. “And it remains our first priority.”
Where Is VF Corp.’s Growth Coming From?
Hyper-growth online at both its DTC (direct to consumer) and wholesale accounts, continued momentum with Vans and outsized expansion overseas, especially in China, are being counted on to reach its new five-year growth goals.
Gander Mountain Still Hopes For Going-Concern Sale
Despite reaching a deal with a group of liquidators to become the stalking horse bidder in a planned bankruptcy auction, Gander Mountain said it remains in talks with strategic investors interested in buying the retailer on a going-concern basis.
Aisle Talk, Week Of March 27
Top headlines from the active lifestyle industry you may have missed this week.
Study Shows Slight Increase In Activity Levels Among Americans
“This year’s PAC Report tells two stories, said Tom Cove, Sports & Fitness Industry Association president and CEO. “In a positive sign, more Americans were healthy to an active level and even moderate activity levels increased. On the other hand, the number of inactive Americans remains dangerously and unacceptably high.”
Aisle Talk, Week Of March 20
Top headlines from the active lifestyle industry you may have missed this week.
Eastern Outfitters Faces Objections Over Sports Direct Bid
In defending the stalking horse bid, Eastern Outfitter’s lawyers noted that the alternative to accepting Sports Direct’s proposal was a liquidation. Indeed, the retailer said it was “fully prepared” to liquidate ten days before the bankruptcy petition date.
L.L.Bean Weathers Boycott Threats
Apparently skirting any major impact from calls for a boycott over political contributions, L.L.Bean was able to deliver sales in 2016 that were flat against the prior year.
MC Sports To Wind Down Headquarter Operations Starting March 31
While still seeking a buyer for the business as a going concern as part of its bankruptcy recovery efforts, MC Sports plans to wind down operations at its headquarters and distribution center starting March 31.
Aisle Talk, Week Of March 13
Top headlines from the active lifestyle industry you may have missed this week.
Canada Goose Shares Soar On IPO Debut
The IPO offering of 20 million shares was priced at CA$17, or about U.S.$12.78 and opened at U.S.$18.05 in trading on the New York Stock Exchange. By late Thursday afternoon, shares had settled to close at U.S.$16.08, up 25.8 percent from its IPO price.
GoPro’s Shares Jump On Job Cuts, Raised Expectations
GoPro shares were up nearly 15 percent in late-trading Thursday after the company announced cost-cutting measures and forecast first-quarter earnings at the high end of guidance.
