SGB Sports & Fitness

Academy Sports + Outdoors Begins Succession Planning

Academy Sports + Outdoors has begun planning for the succession of its president and CEO, Rodney Faldyn, who joined the retailer in 2006 and was appointed CEO when affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR) acquired a majority stake in Academ

FeraDyne Outdoors Acquires FL Archery Holdings

FeraDyne Outdoors LLC, a portfolio company majority owned by funds affiliated with Snow Phipps Group, LLC, has acquired FL Archery Holdings LLC (d.b.a. Field Logic), an industry leader in archery targets and accessories…

Adidas Applauds Sepp Blatter Resignation

In response to the resignation of Sepp Blatter, FIFA's president, Adidas said in a statement, “We welcome FIFA's commitment to change. As stated before, the Adidas Group is fully committed to creating a culture that promotes the highest standard

Wolverine Worldwide Announces CFO Transition

Wolverine Worldwide appointed Michael D. Stornant as senior vice president, chief financial officer and treasurer, effective June 12. He will succeed Donald T. Grimes, who has resigned his position to become executive vice president, chief operating offic

Moody’s Rates Bass Pro’s Proposed Term Loan B1

Moody's Investors Service assigned a B1 rating to Bass Pro's proposed $1.74 billion senior secured term loan due 2020 and affirmed its existing ratings, saying the retailer has a track record of rapidly reducing its debt ratios within 18 months

Sports Direct Reports EBITDA on Target

Sports Direct International plc, the UK's leading sports retailer, disclosed its underlying EBITDA is in line with market expectations of £380 million, but that EPS share are currently exceeding them…

Tilly’s Q1 Earnings Climb

Tilly’s, Inc. reported first-quarter earnings nearly doubled to $1.3 million, or 5 cents per share, from $591,000, or 2 cents a year ago. Comparable store sales, which include e-commerce sales, increased 2.0 percent compared to the same 13-week peri