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.
Deckers Brands Trims Guidance
Seasonal woes at its Ugg brand, following last year’s warm winter, are denting orders from retailers, but with a healthy inventory, officials are optimistic for the holiday season to come.
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.
Brunswick Corp. Stung By Cybex Underperformance
While companywide sales grew 10.2 percent to $1.09 billion in the third quarter, they were lower than internal expectations due to weakness in its fitness segment.
Wilson Doubles Down On Baseball
Wilson President Mike Dowse said the brand sees opportunity to “further address the baseball category at every level of the game.”
Interbike’s First Fall CycloFest Shows Potential
The event’s first trade/consumer hybrid show delivered far fewer retail employees but more consumers than organizers expected.
Planet Fitness’ Comp Sales Keep Rising
Bucking the trend of general weakness in the active lifestyle retail space, Planet Fitness continued to prove that its fitness experience model can outperform.
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.
How Much Can Garmin Gain From Fitness?
The GPS brand beat expectations in the third quarter thanks to margin growth from its rapidly growing fitness segment. However, those gains will be hard to sustain.
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.
