SGB Executive Outdoor
Eastern Outfitters Blames Bankruptcy On Credit Squeeze
In an affidavit filed in Delaware’s Bankruptcy Court, Mark Walsh, CEO of Eastern Outfitters, discussed the company’s recent liquidity challenges, its Sports Direct deal that will save 1,900 jobs and its close call with all-out liquidation.
Outdoor Retailer Exploring New Venue
At least partly due to industry concerns over Utah’s land policies, Outdoor Retailer will be soliciting proposals for venue locations for shows and events scheduled for November 2018 and beyond.
Fishing, Marmot And Rawlings Drive Newell’s Outdoor Q4 Gains
Helped by strong performances by its fishing segment as well as Marmot and Rawlings, the Outdoor Solutions segment of Newell Brands Inc. saw sales rebound in the fourth quarter, Newell Brands officials said on a conference call Monday with analysts.
EMS, Bob’s Stores Return To Bankruptcy Court
Pending court approval, Sports Direct will become the stalking horse bidder in an upcoming bankruptcy auction as well as provider of debtor-in-possession financing to support the reorganization.
VF Outdoor And Wolverine Lead Eastern Outfitters’ Unsecured Creditors List
VF Outdoor, Wolverine World Wide, Carhartt and Under Armour were among those left with the largest unpaid bills in the bankruptcy case of Eastern Outfitters, the parent of Eastern Mountain Sports (EMS) and Bob’s Stores.
GoPro’s Revenues Again Fall Short
GoPro reported fourth-quarter sales that fell short of expectations and provided a weak revenue guidance for the first quarter, but management remained optimistic that it will return to profitability this year.
Deckers Profits Dragged Down By Sanuk Write-Down
Deckers Brands cut its guidance while reporting a sharply lower quarterly profit on lower sales during the holiday period and a write-down of its Sanuk sandals brand.
Are EMS And Bob’s Stores Back On The Selling Block?
Seven months after emerging from bankruptcy proceedings, Bob’s Stores and Eastern Mountain Sports (EMS) are reportedly heading back to Chapter 11 proceedings and may have already found another buyer, Sports Direct International.
Luke’s Locker Looks To Rebound In Bankruptcy Court
The company plans to reorganize in the near term around three locations in the Dallas/Fort Worth area. Company president Matt Lucas vowed to reestablish the Luke’s Locker franchise to support the North Texas running community.
Nike And Brooks Pace Luke’s Locker’s Unsecured Creditors List
Brooks, Nike, Asics and Saucony were among those left with the largest unpaid bills in the bankruptcy case of Luke’s Locker.
Luxottica Group’ MAP Policy Drives Q4 Turnaround In North America
The parent of Oakley, Ray-Ban and Sunglass hut said sales at constant exchange rates in the quarter were up 5.5 percent and 3 percent for the wholesale segment and the whole group, which includes its retail operations.
Cabela’s Credit-Card Deal In Jeopardy
While Capital One could refile its application, Bass Pro could absorb Cabela’s credit card portfolio into its own portfolio or seek other suitors.
OIA On The Uncertain Future Of America’s Public Lands
Executive Director Amy Roberts and VP of Government Affairs Alex Boian spoke with SGB about the growing threat and why the outdoor industry needs to unite and fight.
What Does Trans-Pacific Partnership’s Exit Signal For Free Trade?
Nike, Dick’s Sporting Goods, The North Face and Under Armour all openly supported the ambitious Pacific-Rim trade pact. New Balance and Patagonia stood out in the industry for opposing the deal.
