Billabong Gets Takeover Bid From Quiksilver
Billabong International Limited confirmed that it has received a confidential, indicative and non-binding proposal from Boardriders Inc., formerly known as Quiksilver Inc., to acquire the company in a bid that values the company Australian $198 million (U.S. $150 million).
Shiekh Shoes Files For Bankruptcy
Shiekh Shoes, the sneaker chain based in Ontario, CA,, has filed for bankruptcy protection, according to a report in the Wall Street Journal. The filing in California Central Bankruptcy Court comes after Reuters reported on November 17 that Shiekh Shoes was seeking financing to avoid a bankruptcy filing.
Camping World Declares Regular, One-time And Special Dividend
Camping World Holdings, the parent of Gander Mountain, announced that its Board of Directors declared a cash dividend of $0.2832 per share on the company’s Class A common stock.
Zumiez’s Q3 Earnings Climb 11 Percent
Zumiez Inc. reported earnings for the third quarter ended October 28 rose 11.2 percent, reaching the high-end of guidance. Same-store sales rose 7.9 percent to top guidance.
Golf Rounds Sink In October
According to Golf Datatech, golf rounds played were down 4.1 percent in October 2017 compared to October 2016.
EXOS And Speedo USA Launch Aquatic Training Courses
EXOS, a leader in the human performance industry, and Speedo USA, a division of PVH Corp., released a new online course for fitness professionals, EXOS Presents: Speedo Fit Training.
Adidas’ Boost Collection Package Quickly Sells Out
Adidas’ offer to purchase a 40-pair set of Boost footwear on Adidas.com sold out in five minutes.
Columbia And Icebug Partner With Michelin
Columbia and Icebug are the two latest footwear manufacturers to adopt Ice Control Technology developed by the R&D department of Michelin Technical Soles, based in Verona, Italy.
Leave No Trace Center for Outdoor Ethics Announces 2018 Hot Spot Location
With more than 12 billion people visiting public lands each year, the need for Leave No Trace outdoor education is greater than ever before. As part of the Leave No Trace Center for Outdoor Ethics’ Leave No Trace In Every Park initiative, the Hot Spot program is now in its seventh year, having trained more than 50,000 people.
Marcato Sends Letter To Deckers Stockholders
Marcato Capital Management LP, the activist shareholder group seeking to replace Deckers Brand’s board with its own candidates, is sending a letter to Deckers’ stockholders “urging them to hold Deckers’ Board of Directors accountable for their lack of transparency and oversight, and Deckers’ chronic underperformance” by voting for its slate of candidates.
Brooks Unveils Its First Customized Running Shoe
At The Running Event in Austin, Brooks Running Company unveiled a new partnership with HP Inc. and Superfeet that will create the first performance running shoe based to an individual’s unique biomechanics.
The Buckle’s Comps Slide In November
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended November 25, 2017 decreased 3.6 percent…
HanesBrands To Favorably Amend Senior Secured Credit Facility
HanesBrands announced that it has initiated the process to favorably amend its senior secured credit facility to take advantage of credit market conditions and the company’s strong financial performance and cash generation.
Tilly’s Momentum Continues In Q3
Benefitting from its sixth consecutive quarter of positive comp sales, fourth consecutive quarter of store traffic growth and continued strict inventory and expense management, Tilly’s Inc. reported third-quarter earnings that handily topped Wall Street’s targets.
Salomon Announces New Trail Running Series
The series will combine five of the most iconic short-distance trail races on the planet into a dream tour for both athletes and fans.
