Golfsmith To Restructure In Bankruptcy Proceedings, Agrees To Sell Golf Town
The Chapter 11 reorganization is designed to support a sale of the Canadian-based business of Golf Town and a debt recapitalization of the U.S.-based business of Golfsmith.
Callaway And Taylormade Top Golfsmith’s Unsecured Creditors List
The list of the 30 top unsecured creditors in the Golfsmith International Holdings bankruptcy case was led by Callaway Golf, owed $5.5 million, followed by TaylorMade Golf at $5.1 million and Nike USA at $3.5 million.
Christy Sports’ First Acquisition Follows Gart Model
The company’s decision to enter the Pacific Northwest by acquiring Sturtevant’s and Ski Mart demonstrates renewed confidence in the independent specialty model.
Shoe Carnival Sees 100 Nike In-Store Shops In 2017
Footwear chain plans to have 47 Nike shop-in-shops open this year, and more than 100 by the end of 2017. Will other brands get similar deals?
Athleisure, Acquisitions Propel U.K.’s JD Sports Fashion
The British retailer reported same-store sales up 10 percent, which along with new locations propelled sales up 20 percent in its first half, ended July 30.
To Adapt, W.L. Gore Takes It Outside
For the first time in history, the makers of Gore-Tex have authorized an outside company to manufacture some of its laminated fabrics.
The $13.3 Billion Question
The European Union’s aggressive move to claw back tax breaks Ireland granted Apple Inc. raises questions for the U.S. sporting goods industry.
Zumiez Comps Show Some Stabilization
While issuing weak guidance for the third quarter, second-quarter results beat management’s internal expectations and comps have turned positive so far in the current quarter.
Aisle Talk, Week Of September 5
Headlines from the active lifestyle industry this past week you may have missed.
By The Numbers, Week Of September 5
The leading figures from this week’s news in the active lifestyle space.
Under Armour Upbeat About Second Half
Faster-than-expected improvement in the industry’s overall inventory levels bodes well for a pickup in the back half of the year should weather cooperate.
With A Speedy Bankruptcy Exit, PacSun Returns To Private Ownership
The owner of Eddie Bauer, Payless Shoes, Express and Zales, adds the action sports lifestyle retailer to its roster, committing millions, but with plans to close more than 100 stores.
Will Outdoor Brands Survive The Chopping Block at Newell?
In coming weeks, the company will begin winding down businesses it acquired from Jarden Corp. that it does not think it can sell, its CEO told investors Thursday.
Dick’s Sporting Goods Already Grabbing TSA Share
The chain is experiencing notable sales gains in some categories where Sports Authority previously had a strong presence.
Consumer ‘Just-In-Time Buying’ Shakes Up Retail
How technology has led to shopping procrastination and altered the traditional retail calendar