Aisle Talk, Week Of January 15
Top headlines from the active lifestyle industry you may have missed this week.
Kent Cartridge Appoints Director Of Sales And Marketing
Kent Cartridge has announced the addition of Jeff Barry as director of sales and marketing.
SSI Data Introduces Direct Integration Tool For CAM Commerce’s RetailSTAR POS System
SSI Data, in coordination with leading POS system vendor CAM Commerce Solutions, announced a direct connection tool for retailers utilizing the RetailSTAR POS point-of-sale software system. This tool is the latest addition to an ongoing SSI Data initiative to improve and simplify POS data reporting for partner retailers.
CES 2018: Sports Tech’s Highlights
Artificial intelligence, sensors embedded in apparel, the quantified self and gamification were some underlying themes across the sports and fitness-related products that landed at CES 2018. Black Box VR, Garmin, Peloton, Myant, L’Oreal and Sony were among the brands earning some hype.
Leatherman Tool Group Opens On-Site Health Clinic For Employees
Leatherman Tool Group has opened the CareHere Health & Wellness Center, a new on-site facility that will provide access to primary and preventive healthcare to Leatherman Tool Group employees and their dependents covered by the company’s health plan.
Joe Worsham To Retire From Ludwikoski & Associates
Joe Worsham has decided to retire from our industry after 37 years as a sales professional for Ludwikoski & Associates Inc.
Otis Technology Acquires Shooter’s Choice
Otis Technology has acquired Shooter’s Choice, a leading provider of gun care chemicals and lubricants.
Gander Outdoors Sets Grand Opening at Janesville, WI Location
Gander Outdoors, formerly known as Gander Mountain, is celebrating the opening of its new Janesville, WI store on Saturday, January 20.
Buckingham Research Hikes Dick’s To Buy
Buckingham Research raised its rating due to the potential bottoming of domestic athletic cyclical pressures, an improving vendor product pipeline set to arrive in the second half of 2018, and an eventual payback from its strong partnerships with the industry’s key branded players: Nike, Adidas and Under Armour.
Boot Barn Announces Launch Of Public Offering by Selling Stockholders
Boot Barn Holdings Inc. announced the launch of a public offering of 5.5 million shares of its common stock held by certain of its stockholders.
Olin Announces Pricing Terms Of Debt Offering
Olin Corporation, the parent of Winchester, announced the pricing of its offering of $550 million aggregate principal amount of senior notes due 2030.
Gander Outdoors Announces New Website Launch
Gander Outdoors, formerly known as Gander Mountain, announced the launch of its new online store GanderOutdoors.com. Categories include: Shooting, Camping, Hunting, Fishing, Boating, Wear, Cycling and Active Sport.
Macquarie Capital Downgrades Under Armour To Underperform
Macquarie Capital downgraded its rating on Under Armour to “Underperform” due to sales, margin and capital concerns. Sales In North America are expected to be pressured by the speculated exit out from tennis and some outdoor categories as well as continued challenges from Academy Sports & Outdoor.
Deutsche Bank Upgrades Dick’s On Signs Of Stabilizing Industry
Deutsche Bank upgraded its rating on Dick’s Sporting Goods to “Buy”’ due to the signs of more-favorable trends in footwear and inventory pressures across the industry lessening.
Compass Diversified Holdings Names New CEO
Compass Group Diversified Holdings LLC announced that Elias J. Sabo, a founding partner of the company’s manager, Compass Group Management LLC (CGM), has been appointed as the company’s chief executive officer, effective May 3, 2018.
