Finish Line to Launch New Store Design Next Month, While Closing Others
The Finish Line plans to remodel 50-60 Finish Line stores this year using a new store design that will debut in July, the CEO of its parent company said June 24.
Responsible Wool Standard Bans Mulesing
After intense pressure from apparel brands, Textile Exchange amended the Responsible Wool Standard (RWS) to ban mulesing, a practice widely used in Australia to prevent infections of sheep that has been condemned by animal welfare advocates.
Incipio Expands Active-Lifestyle Reach with Skullcandy Acquisition
Incipio LLC, which makes everything from phone cases to smart plugs, is expanding its reach into the active-lifestyle market, reaching an agreement to acquire Skullcandy Inc., best known for its stylish and sporty headphones, in a cash deal worth $177 million.
Modell’s, Sports Direct Eyeing Bid for Bulk of Sports Authority’s Leases
Modell’s Sporting Goods and U.K.-based Sports Direct International PLC were identified by the Wall Street Journal Monday as the “bulk buyer” considering an 11th-hour bid for up to 200 Sport Authority store leases, intellectual property and e-commerce assets.
Golden Gate Capital On Course to Take Control of PacSun
With no additional bids for the business, Pacific Sunwear of California, Inc. (PacSun) cancelled its scheduled June 22 auction, paving the way for Golden Gate Capital to take ownership of the company.
Titleist, FootJoy Parent Bullish on Golf with IPO
While some retailers and vendors are reducing their exposure to the sport of golf, Acushnet Holdings Corp.’s IPO filing on June 20 delivered one of the most bullish recent assessments around the growth prospects for the sport.
Amid Bankruptcies, Brands Flock Toward Specialty at Grassroots Show
With an expected excess of inventory to hit the active-lifestyle market following several high-profile, big-box retail bankruptcies in the space, brands at the Spring Grassroots Outdoor Alliance Show in Albuquerque, NM (June 13-17) were doubling down on their partnerships with these smaller, but more influential group of retailers.
Analyst Reviews Cabela’s Strategic Options
Of all the rumors swirling around Cabela’s Inc., D.A. Davidson & Company analyst Andrew Burns tells us which ones make the most sense.
De Facto DTC: Manufacturer Buying Specialty Fitness Retailers
Want to grow your business through direct-to-consumer and the omni-channel marketplace, but worry about alienating your independent specialty retailers? Here’s a solution — buy out the specialty retailers.
Smith & Wesson Outpaces NICS Checks in Q4
Smith & Wesson Holding Corp. (Nasdaq:SWHC) firearms shipments grew at twice the rate of Adjusted NICS checks during the company’s fiscal fourth quarter, ended April 30, indicating the business grew its share of handgun sales significantly during the period.
Newell Brands to Divest $250-300 Million That Could Include Active-Lifestyle Brands
Newell Brands, which now owns more than 50 sporting goods and outdoor brands after its recent acquisition of Jarden Corp., announced this week it has plans to divest product lines with combined annual sales of $250-to-$300 million over the next two to three years.
A Delayed Annual Meeting at Cabela’s Has Us Watching
Cabela’s Inc.’s delay in scheduling its annual shareholder meeting — held in early June since 2008 — may indicate more changes ahead for the retailer.
New HanesBrands CEO is a Shift, But No Shakeup Amid Slowing Sales
Investors weren’t particularly wooed, sending the stock down nearly 4 percent following the news.
Polartec CEO Defends Closing of Factory; Union Issues Plea to Patagonia
Saving companies and American manufacturing jobs, particularly in the textile industry, is not for the faint of heart.
SIA’s Move to Utah is More Than Just a New Home
Why the move to Park City “is just the tip of the iceberg” of changes to come for SnowSports Industries America.
