Jack Wolfskin Sold To Debt Holders
The debt for equity exchange will significantly reduce the outerwear manufacturer’s debt and arrives after a sales process found no serious bids.
Havaianas Fetches $1.1 Billion In Sale
The sale of the stake was expected as J&F Investimentos, the controlling shareholder of Alpargatas that handles the fortune of the billionaire Batista family, has been hit by a series of corruption scandals.
Havaianas Sold For $1.1 Billion
Alpargatas, the Brazilian company behind Havaianas, has been sold for $1.1 billion to three prominent Brazilian banking groups.
Adidas Originals Opens Flagship On Venice Beach
Opening on July 13 on Abbot Kinney Blvd, the new Adidas Originals store celebrates the eclectic Venice culture with products and experiences that capture the creative, artistic vibe of the community.
Dick’s C-Level Continues To Undergo Revamp
Dick’s Sporting Goods’ hiring of Scott Hudler, formerly of Dunkin’ Brands, as SVP and chief marketing officer comes on top of a number of exec changes earlier in the year and underscores the sporting goods chain’s continued commitment to its omnichannel push.
361 Degrees USA Partners With Roots Running Project
The elite running team will be rebranded as Roots Running Project Powered by 361 Degrees.
Eddie Bauer Launches Canadian E-Commerce Site
Eddie Bauer has launched a new Canadian-specific e-commerce website to deliver a more simplified shopping experience and more affordable shipping for Canadian consumers.
NRF: Imports Could Hit New Record
July and August should be two of the busiest months ever seen for imports at the nation’s major retail container ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Jack Wolfskin Gets New Owners In Debt Restructuring
Blackstone has reached an agreement to hand over Jack Wolfskin to senior debt holders in a debt for equity swap. Jack Wolfskin is now owned by a consortium of investors and hedge funds.
Fleet Feet Opening New Location In Missouri
Fleet Feet Sports announced the opening of the brand’s newest franchise location in Columbia, MO.
Adidas Launches ‘Create Positivity’ Campaign
The campaign features creators at all levels of sport including professionals like: Dak Prescott, DeAndre Hopkins, Kris Bryant, Carlos Correa, Candace Parker, Joel Embiid and Robbie Rogers.
Weak Second Quarter Growth Fails To Lift Outdoor Apparel Out Of The Red In 2017
It’s been a year of weak gains lately in the U.S. outdoor apparel market this year as sales growth of less than one percent in the calendar second quarter was not enough to offset the low- to mid-single-digit declines posted in the first quarter of the year, according to SSI Data.
Sports Direct Adds Former Nike Executive David Daly To Board
David Daly was formerly senior director for Nike’s Club & Federation Business based in Amsterdam.
Runner’s Hub To Become Fleet Feet Sports
Fleet Feet Sports announced that The Runner’s Hub in Clarksville, TN will become a Fleet Feet Sports franchise location effective immediately.
Boa Technology Launches Ambassador Program
Boa Technology, creators of the Boa System, announced a new ambassador program that showcases the diversity of Boa through dedicated athletes that have overcome medical barriers to pursue their life-long passions.
