Lululemon, Under Armour and Adidas led a number of major players in the sporting goods sector generating robust stock gains in the first half of 2019. Declining issues included Nautilus, Canada Goose and Foot Locker.
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November M&A Roundup: Big Outdoor Deals Bookend Busy Month
Two large acquisitions in the outdoor space bookended November—Canada Goose bought Baffin to kick off the month and Callaway bought Jack Wolfskin to close it—while a flurry of M&A activity occurred in the days between.
Active-Lifestyle Stocks Bounce Back In First Half
With the nine-year bull market facing some choppiness this year due to a number of macro challenges, many stocks in the athletic-lifestyle space stood out for their outsized performances. Big gainers included Canada Goose, Under Armour, Lululemon, Deckers Outdoor and Crox.
Goldman Sachs Initiates Apparel Coverage With Attractive View
In initiating coverage on the Apparel & Accessories sector, Goldman Sachs said many companies in the space are expected to benefit from ongoing lifestyle shifts towards active and casualwear, the ability to react to faster fashion cycles and digital’s ability to drive direct communications with consumers and commerce. Among active lifestyle stocks, VF was initiated at a “Buy” while “Neutral” ratings were given to Nike, Under Armour, Lululemon and Canada Goose.
The Bravest Coat
Canada Goose honors New York’s bravest by partnering with the FDNY Foundation to create a coat dedicated to the spirit and strength of New York’s finest.
Fourth Annual Canadian Cup to Benefit The Conservation Alliance at Outdoor Retailer Winter Market
Canadian brands Arc’teryx, Baffin and Canada Goose will host the fourth annual Canadian Cup for The Conservation Alliance at Outdoor Retailer Winter Market’s Industry Party on Jan. 23. The event is expected to raise more than $10,000 for The C
Canucks, Yanks to Clash at Third Annual OR Hockey Tournament
The third annual outdoor industry hockey tournament for The Conservation Alliance has a new name and an entire country behind it: The Canadian Cup, hosted by Arc’teryx, Baffin and Canada Goose, will bring leading industry brands together again to te
Conservation Alliance Announces Eight New Members
The Conservation Alliance said eight outdoor companies have joined its organization since January. The new members are: Canada Goose; E.N.D. Footwear; Exped; Everest Textiles, Inc.; GrahamSpencer West; Klean Kanteen; Saucony; and The Alpine Experience…
EXEC: A Look Ahead at Amer’s Q2 Results as Weak China Retail Worries Market
Amer Sports Inc. will report Q2 results tomorrow morning and investors are hoping against hope that the slowdown in China did not have an outsized impact on the company’s performance in the period, and the Arc’teryx brand in particular, which relies heavily on the Greater China market for revenue.
EXEC: Active Lifestyle Stocks Miss Market Rally in 2023
The broader stock market saw a robust recovery in 2023 but the majority of stocks in the active lifestyle space underperformed, marked by declines by industry bellwethers including Nike, VF Corp. and Columbia Sportswear.
EXEC: 2024 Look Ahead with Active Lifestyle Market Leaders
SGB Executive reached out to key leaders in the Active Lifestyle space to share their outlook for 2023. This first installment includes a cross-section of insights from Academy Sports + Outdoors, Baird, Fleet Feet, Gore, NSGA, Ortholite, Thermore, RIA, and more.
2023 Year in Review: Active Lifestyle M&A Activity Slows—Part II
Fewer major deals were executed across the active lifestyle space in 2023 amid rising interest rates and persistent economic uncertainty but several tuck-ins and smaller to medium-size acquisitions were inked. Still, SGB Media found a few key trends expected to continue into 2024.
SGB 2023 Year In Review: Executive Shuffle
New CEOs at Academy Sports, Adidas, Asics, Gap, Kohl’s, Levi’s, Sportsman’s Warehouse, VF Corp., Vista Outdoor, and Wolverine Worldwide headlined the C-suite moves that transformed leadership across the active lifestyle space in 2023.
FWV Sells CGPR to Integrated Travel and Recreation Marketing Firm
Off Madison Ave acquired PR Agency CGPR from French/West/Vaughan (FWV), the Raleigh, NC-based marketing agency that acquired the company in February 2020. CGPR is the fifth merger and acquisition by Off Madison Ave since 2005.
Fabletics Appoints VP Wholesale for Europe
Fabletics appointed Thomas Fröhlke as vice president wholesale for Europe. Previously, he was head of sales for four years at Hunter Boots.
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