SGB Executive Outdoor
Cabela’s Details Bass Pro Merger Process
Cabela’s Inc. was quietly considering selling the company in early 2015, months before activist investor, Elliott Management, pushed the retailer to explore strategic alternatives, including a sale. That’s according to recently-filed documents by Cabela’s with the Securities & Exchange Commission that details the background that led to Bass Pro’s blockbuster deal to merge with Cabela’s. […]
Newell’s Winter Sports Unit Sold To PE Firm
Newell Brands Inc. said Friday it reached a definitive agreement to sell its Winter Sports businesses, formerly part of Jarden Group, to Kohlberg & Company, the private equity firm, for $240 million.
Aisle Talk, Week Of May 22
Top headlines from the active lifestyle industry you may have missed this week.
Momentum At Ugg And Hoka Boosts Deckers Brands Q4
Helped by cost-cutting initiatives and a better-than-expected top-line performance from Ugg, Hoka and direct to consumer (DTC) overall, Deckers Brands reported both earnings and sales for the fourth quarter ended March 31 came in above guidance.
Aisle Talk, Week Of May 15
Top headlines from the active lifestyle industry you may have missed this week.
Is A Mega-Winter Show Headed To Denver?
SIA’s deal to sell the Snow Show to Emerald Expositions, the parent of Outdoor Retailer, positions Denver in a prime position to become the next home to a combined winter show as well as Outdoor Retailer Summer Market.
Dick’s To Rein In Expansion After Rocky Q1
Said Ed Stack, chairman and CEO, “In 2017 we expect to open approximately 43 Dick’s stores, of which 19 are former TSA stores. In 2018 we expect to open between 15 to 20 stores – most of these leases are already signed. And in 2019 it can be as few as 5 to 10.”
Vista Outdoor Sees Firearms Sales Normalizing Mid-Year
Said CEO Mark DeYoung on a conference call, “We anticipate channel inventories will stabilize by mid FY’18 and we are determined to improve the performance in the second half of this fiscal year.”
Mizuno’s FY17 Results Pulled Down By Americas Weakness
The Americas region showed a loss of ¥2.54 billion ($22.4 million) as sales on a currency-neutral basis dropped 16 percent.
Aisle Talk, Week Of May 8
Top headlines from the active lifestyle industry you may have missed this week.
Sport Chek Stung By Weather Woes In Q1
Winter jackets and winter boots categories declined due to the arrival of warm weather in January but athletic, hockey, accessories, licensing and ski/snowboard all showed gains.
Crocs Exceeds Guidance For Q1 Revenues
“We turned in solid first-quarter results by delivering improved product, launching a new and engaging marketing campaign, and realizing early benefits from the operational improvements that we’ve been focused on, said CEO Gregg Ribatt during a conference call.
Iconix Brands Struggles To Revive Growth
Iconix Brand Group reported a double-digit decline in licensing revenues, pulled down by steep drops at Starter, Danskin and Ocean Pacific.
Wolverine’s Shares Climb On Upbeat Q1 Results
Among its major brands, Merrell grew low single-digits, Sperry was down low-double digits and Saucony was off mid-single digits.
Former Jarden Outdoor Segment Sees Meager Q1 Growth For Newell Brands
Growth from Contigo beverage containers, Coleman coolers and Team Sports was partially offset by inventory destocking at Fishing and ongoing challenges on Coleman camping.
