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.
Dick’s SG Acquires Sports Authority Name
Dick’s Sporting Goods purchased the Sports Authority’s brand name and other intellectual property at a bankrtuptcy auction.
Modern Meadow Raises $40MM Series B Round
Modern Meadow, the biofabrication company that grows animal-free leather made from living cells, announced a $40 million Series B round of financing led by Horizons Ventures and Iconiq Capital…
Mountain Khakis Catches Some Slack
Mountain Khakis named Jennifer Slack senior product developer in another sign of its growing commitment to expand its men and women’s apparel.
Vasque Names Pinnacle Sales Agency of the Year
Vasque trail footwear honored New England-based Pinnacle Outdoor Group as its 2016 Sales Agency of the Year.
Under Armour Pushes to Overshadow Nike Earnings with New Innovation Center
Under Armour opened the doors to its new beehive for manufacturing and design innovation, dubbed the UA Lighthouse, in a strategic move to pull the spotlight from Nike’s fiscal fourth quarter earnings.
Modell’s and Sports Direct Fail To Make Sports Authority Bid
Modell’s Sporting Goods and Sports Direct International missed the deadline to make a bid for Sports Authority’s leases. Dick’s Sporting Goods reportedly put in a bid to acquire 17 leases.
Toyota Backs Yakima’s Road Warrior Program
Yakima Products Inc. has partnered with Toyota to present its Road Warrior Program, which provides dealer training during more than 75 cycling, outdoor and automotive consumer events across North America.
Obama’s Outdoor Rec Legacy Tempered by Court Rulings
The Obama Administration has been on an outdoor recreation kick of late. We ask industry leaders to look back and grade his legacy, from protecting the environment to pushing forward trade deals.
Academy Sports to Open Three Stores
Academy Sports and Outdoors announced the opening of stores in Little Apple, KS; Jackson, TN; and Weatherford, TX.
