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March M&A Roundup: JD Sports Adds To U.K. Portfolio

Though March was a slow month for M&A in the active lifestyle space, a handful of deals stood out, including JD Sports strategically shoring up its U.K. portfolio with the purchase of a rival retailer, BSN Sports continuing its acquisitive ways and CorePower Yoga being sold from one private equity firm to another.

Iconix Closes Book On ‘Challenging, Transitional Year’

After enduring the loss of some licensing agreements, the departure of some executives and the bankruptcy of a key customer, Iconix Brand Group, parent of Starter and Umbro, is happy to put last year behind it, according to CEO Bob Galvin, who called 2018 “challenging and transitional.”

Hibbett Shares Pop On Strong Q4, Store Closings, CEO Announcement

Shares of Hibbett Sports Inc. jumped $3.66, or 20.3 percent, to $21.70 at market close Friday after the company earlier in the day reported a strong fourth quarter but also announced the closing of 95 stores and the planned retirement of Jeff Rosenthal, president, CEO and self-described “sneaker dude.”

Caleres Counting On Q4 ‘Herculean’ Efforts To Pay Off In 2019

Caleres’ fourth-quarter performance was stymied by costs related to a pair of acquisitions and the transition of two distribution centers, but those “Herculean” efforts have positioned the company well for the second half of 2019, CEO Diane Sullivan said on Thursday’s earnings call with analysts.

Slinger Bag Looks To Serve Up Tennis Disruption

Israel-based startup Slinger Bag is out to disrupt the relatively small but lucrative tennis ball machine market with its new “launcher” of the same name. Bolstered by a massively successful Kickstarter campaign, the company has hired former Prince CEO Mike Ballardie and is now beginning production. Ballardie and CMO Juda Honickman spoke with SGB Media about the company’s ambitious plans.

Crocs Doubles Down On Digital

Change is afoot at Crocs Inc., where the company is not only relocating its distribution center and planning to move its headquarters but also ramping up its digital efforts, something company executives outlined this week during a presentation at the 31st annual ROTH Conference in Orange County, CA.

Mammut North America Turns The Page

Mammut North America in recent weeks named Kris Kuster as its managing director and opened a new office in Denver—strategic moves that should help the brand regain its footing after a shaky period. Kuster (left) and Chief Creative Officer Adrian Margelist spoke with SGB about what these changes mean and where Mammut goes from here.

Conversation With Callaway Golf CEO Chip Brewer

Chip Brewer, President and CEO, Callaway Golf Co., spoke with SGB Media recently about the still-developing plans to grow the company’s newest asset—outdoor apparel brand Jack Wolfskin—as well as his expectations for the golf industry in 2019.

RV Industry Convenes As Market Continues To Accelerate

The $50 billion recreational vehicle market keeps finding new horizons to explore and the next leg of its journey begins this week when the industry gathers in Salt Lake City, UT, for a revitalized trade show that is aligned with the start of camping season. “RVX: The RV Experience” is the new event offered by the RV Industry Association, and it’s just one reflection of a changing marketplace.

Mixed Signals Cloud Camping World’s Outlook

After Camping World Holdings Inc. on Thursday posted a fourth-quarter loss of $71.5 million, or earnings per share of (83) cents, due to an impairment charge and costs related to Gander Outdoors openings, the company’s stock tumbled in the high single digits. But a slight market rebound on Friday served as another example of the mixed signals that Camping World conveyed in its fourth-quarter earnings report.