Amazon to Build KC Fulfillment Center
Amazon.com Inc. announced plans to open a “large-sized” fulfillment center in Kansas City, Kansas.
Amazon Prime Day Sales Up 50 Percent in US
Amazon said customer orders taken during second annual Prime Day July 12 surpassed Prime Day 2015 by more than 60 percent worldwide and more than 50 percent in the United States.
Europe’s Outdoor Product Sales Grew in 2015
Europe’s outdoor market grew by 2.1 percent in value and 1.7 percent in volume last year, according to research released by the European Outdoor Group (EOG) on the first day of the Outdoor Show in Friedrichshafen, Germany.
Canadian Tire Brings Back Stephen Wetmore as CEO
Canadian Tire, the parent of Sports Chek, appointed Stephen Wetmore as president and CEO, effective immediately. He succeeds Michael Medline who became president in 2013 and CEO in 2014.
Stanley Hires New Marketing Director
PMI’s Stanley brand gained a new Marketing Director with the hire of Lisa Wood.
Utah Taking Applications for Outdoor Rec Matching Grants
Utah began accepting applications for matching grants of up to $75,000 for infrastructure projects and youth programs that enhance outdoor recreation.
Spate Of Small Deals May Mark End Of M&A Boom
A spate of small acquisitions in recent weeks could mark the last gasps, rather than a resurgence, of a four-year boom in mergers and acquisitions in the global sporting goods industry, according to one investment banker.
Total Hockey Seeks Sale In Bankruptcy Court
Total Hockey filed for Chapter 11 bankruptcy petition and is looking for a buyer.
Sports Authority Settles Consignment Vendor Claims
Sports Authority reached an agreement that will allow it to sell pre-bankruptcy goods bought on consignment as part of its ongoing liquidation efforts.
Sports Direct Profits Slide in Fiscal Year
Sports Direct reported underlying profit before taxes slumped 8.4 percent to £275.2 million in its year ended April 24 largely due to a hike in wages and slower sales in the second half of the year. Sales grew 2.5 percent to £2.9 billion.
Daisy Outdoor Products Acquired by Private Equity
Daisy Outdoor Products has been acquired by Bruckmann, Rosser, Sherrill & Co. (BRS), a New York-based private equity firm.
Brunswick Acquires Boat Builder Thunder Jet
Brunswick Corporation acquired boat maker Thunder Jet, a maker of heavy-gauge- aluminum (HGA) boats that had sales of approximately $20 million last year.
Gamo Outdoor Acquires Maker Of Daisy Air Guns
Gamo Outdoor SL and its US subsidiary, which are affiliates of the private equity firm BRS, have acquired Arkansas-based BB gun maker Daisy Outdoor Products.
NICS Background Checks Set For Record In 2016
Following the deadly terror attack in Orlando, firearms background checks conducted by the Federal Bureau of Investigation surged in June. The current year is now on pace to easily break 2015’s record for most checks in a year.
With Sports Authority Trademark in hand, Dick’s Keeps Competition at Bay
In a move likely to make sure that its competition isn’t resurrected by a new owner, Dick’s Sporting Goods purchased the Sports Authority’s brand name and other intellectual property at bankruptcy auction.
