SGB Executive Sportsmans
Amazon Kills It On Second Prime Day
Marking its biggest sales day ever, Amazon Inc. said customer orders taken during second annual Prime Day, July 12, surpassed Prime Day 2015 by more than 60 percent worldwide. Sales vaulted more than 50 percent in the U.S.
UBS Global Survey Finds U.S. Athletic Slowdown Fears “Overblown”
A new consumer survey from UBS finds concerns about slowing athletic market growth in the U.S. are “overblown.”.
Sports Authority Strikes Deal with Lenders to Avoid All-Out Liquidation
Sports Authority negotiated a deal with lenders that will allow its liquidation sale process to continue. According to bankruptcy court documents, going-out-of-business (GOB) sales would have ended Friday without the agreement.
Why Was Canadian Tire’s CEO Ousted?
In a shocker, Canadian Tire, the parent of Sports Chek and one of the largest retailers in Canada, ousted its CEO, Michael Medline, less than two years on the job.
Spate Of Small Deals May Mark End Of M&A Boom
A spate of small acquisitions in recent weeks could mark the last gasps, rather than a resurgence, of a four-year boom in mergers and acquisitions in the global sporting goods industry, according to one investment banker.
Total Hockey Seeks Sale In Bankruptcy Court
Total Hockey filed for Chapter 11 bankruptcy petition and is looking for a buyer.
Sports Authority Settles Consignment Vendor Claims
Sports Authority reached an agreement that will allow it to sell pre-bankruptcy goods bought on consignment as part of its ongoing liquidation efforts.
NICS Background Checks Set For Record In 2016
Following the deadly terror attack in Orlando, firearms background checks conducted by the Federal Bureau of Investigation surged in June. The current year is now on pace to easily break 2015’s record for most checks in a year.
With Sports Authority Trademark in hand, Dick’s Keeps Competition at Bay
In a move likely to make sure that its competition isn’t resurrected by a new owner, Dick’s Sporting Goods purchased the Sports Authority’s brand name and other intellectual property at bankruptcy auction.
Obama’s Outdoor Rec Legacy Tempered by Court Rulings
The Obama Administration has been on an outdoor recreation kick of late. We ask industry leaders to look back and grade his legacy, from protecting the environment to pushing forward trade deals.
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.
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.
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.
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.
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SGB Executive will bring original news, analysis and insight across the active-lifestyle industry on a daily basis.
