Longitudes Group’s 2013 Sporting Goods Channel Golf Market Report
According to a study of golf market profiles of the 10 largest sporting goods retail companies from Longitudes Group, Dick's Sporting Good market impact leads the sporting goods retailers with the most golfers served at 9.8M, or over 39 percent of al
Dearfoams Launches Campus Challenge Contest
Dearfoams, the maker of slippers, launched the Dearfoams' Campus Challenge, a national photo contest that invites college guys to show off their slippers for the chance to win cash…
Fanzz Acquires Just Sports
Fanzz, the fan chain owned by the parent of the Utah Jazz, is acquiring Just Sports, another fan chain that operates 27 stores in Washington, Oregon, Idaho and Montana. Fanzz has 94 stores in 19 Western states…
Gildan Activewear Plans New $200M US Yarn Plants
Gildan Activewear Inc. announced it is evaluating potential sites in the Southern U.S. for the construction of two additional yarn-spinning facilities, to support its projected sales growth and further reinforce its position as a global low-cost manufactu
Dick’s Sporting Goods Looks to the Past as it Outlines the Future…
At its first-ever analyst day, Dick's Sporting Goods, Inc. set a sales target of $10 billion by the end of fiscal 2017, representing a 5-year compounded annual growth rate (CAGR) of approximately 11 percent from fiscal 2012 sales of $5.8 billion…
Nike Shareholder Meeting Sparks Succession Talk…
At Nike’s 33rd annual meeting last week held at Tiger Woods Center on the Nike World Headquarters campus, new Nike Brand president Trevor Edwards addressed the World Cup, the opportunity around expanded sizes, and Nike’s future in digital tech
Tern Raises $4.3M to Ramp Up Production of Folding Bikes
Folding bike maker Tern announced it raised $4.3 million from private equity investors. The Taipei, Taiwan-based company will use the funds to accelerate its global expansion and ramp up investments in product development…
Pendleton Woolen Mills Explores Global Growth Opportunities
Pendleton Woolen Mills has hired brand consultant Meriwether Group to explore growth opportunities for the iconic brand, which is among a handful of companies still weaving wool fabrics in the United States…
Newly Public Fox Factory Sees Growth Slowing in Back Half
Fox Factory Holding Corp. issued its first guidance as a publicly traded company last week by forecasting sales growth would slow in the back half of the year…
K2 Sports Taps Malczyk as Brand Manager for Line, Full Tilt,
K2 Sports has appointed Josh Malczyk as global brand director of its Line ski and Full Tilt boot brands. Malczyk will assume these responsibilities immediately and will continue to be based at K2 Sports’ Global Headquarters in Seattle, WA…
Billabong Names New CEO, Proposes Another Rescue Plan
Billabong International Limited’s board of directors reversed course and embraced a refinancing offer from two U.S. investment firms last week after they revealed they had lined up former Eddie Bauer CEO Neil Fiske to spearhead the Australian compan
Deckers Outdoor Fills Top Post at Teva From Within
Deckers Outdoor Corporation appointed Jeffrey Bua as president of its Teva brand, which saw sales decline 8.5 percent in 2012 after two consecutive years of double-digit growth…
Johnson Outdoors Shifts to Cash Flow-based Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new cash-flow based loan agreement with significantly fewer financial covenants and simplified reporting requirements compared to the company's previous asset-based revolving credit
Cabela’s Plans to Add 1M S.F. of Retail Space a Year from 2014-17
Cabela’s Inc. told analysts at Imperial Capital Global Opportunities Tele-Conference last week that it can roll out 1 million new square feet of new retail space a year from 2014 to 2017 without degrading its customer experience…
Roland Auschel Appointed to the Executive Board of Adidas AG
The Supervisory Board of Adidas AG appointed Roland Auschel to the executive board of Adidas AG, effective October 1. Roland Auschel, currently chief sales officer multichannel markets, will assume responsibility for global sales on a board level. In addi
