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Report: Sports Direct Leads Bidders for JJB Sports
Sports Direct is believed to be close to arranging to buy the most profitable stores from JJB under a controversial “pre-pack” administration, according to reports in the U.K. press. JJB Sports put itself up for sale at the end of last month as it sits on
Former NFL Commissioner Joins Netshoes Board
Netshoes announced that former NFL Commissioner Paul Tagliabue will join its board of directors and serve as the company’s global ambassador, working to bolster its industry ties in the U.S. and around the world. Twelve years after its founding in a
Bauer Joins SandP/TSX SmallCap Index
Bauer Performance Sports Ltd. is pleased to announce that it has been added to the S&P/TSX SmallCap Index, which will become effective after the close of trading on Friday, Sept. 21, 2012…
Jarden Corp. Note Offering Nets $487 Million
Jarden Corp. said it netted $487 million after institution investors buying $450 million in new senior subordinated convertible notes due 2018 exercised in full their option to purchase up to an additional $50 million in convertible notes from the company
The North Face Accepting Explore Fund Grant Applications
The North Face has begun accepting applications for the second cycle of the 2012 Explore Fund grant-giving program, which will provide $140,000 in micro-grants of up to $2,500 to support non-profit organizations that are connecting youth to the outdoors..
Templin Leaves VF Outdoor to Take COO/CFO Post at Eddie Bauer
Dan Templin, who played an instrumental role in building VF Outdoor into an 11-brand, multi-billion dollar global juggernaut through a series of acquisitions, has accepted the position of chief operating officer and chief financial officer at Eddie Bauer
Backyard Collective Heads East This Week
The Conservation Alliance and member companies NEMO Equipment, Vibram, ECCO, and Polartec will be working together Tuesday, Sept. 18, on a variety of work projects in Peterborough, N.H., organized by event host Eastern Mountain Sports.
Cornell U. Cuts Adidas Ties Over Labor Issues
Cornell became the first university to sever its licensing contract with Adidas over recent allegations of labor abuses. Last Thursday, President David Skorton sent a letter to Adidas Team, Inc., stating that due to the company’s refusal to give sev
August Retail Sales Climb 3.8 Percent Over Year Earlier Level
The National Retail Federation estimated August retail sales (excluding automobiles, gas stations and restaurants) increased 0.2 percent seasonally adjusted from July and 3.8 percent unadjusted year-over-year…
Survey: 42 Percent of Major US Retailers to Start Holiday Promotions in October
Although slashed prices have been a hallmark of the holidays over the past few years, promotional and inventory strategies will be more refined and disciplined this year, according to a survey released today by Hay Group, a global management consultancy..
Container Imports to Surge As Retailers Rush to Mitigate Strike Threat
Regardless of whether labor disputes snarl operations at the nation’s largest container ports, cargo import volume is expected to increase 8.5 percent this month over September 2011 as retailers bring in products for the holidays, according to the m
Shoe Carnival Lauds Partnership with Nike
Speaking last week at the Invent Indiant Equity Conference in Indianapolis, Mark Lemond, Shoe Carnival’s CEO, said Nike has become the family shoe chain’s “largest and fastest growing vendor.”…
Easton-Bell Earns Spot on InformationWeek 500 List
Easton-Bell Sports, Inc. was ranked 151st this year on the InformationWeek 500 list based on its implementation of a Virtual Private LAN. The network overcame bandwidth constraints that made it difficult for engineers in Asia and the U.S. to share large f
McDavid Hosts Basketball Tournament
McDavid, Inc. will host and sponsor the inaugural “First On, Last Off” Basketball Tournament Sept. 22-23. The tournament will take place at Collins Academy High School in Chicago, IL and coincides with the launch of the company’s new branding…
Jarden Corp.’s Franklin to Compete for ‘Fittest CEO’ Title
Jarden Corp. CEO Martin E. Franklin is among 17 C-level executives who will compete in the CEO Endurance World Championship, Challenge a grueling 3-day, 6-stage event hosted at Blackberry Farm in TN from Sept. 13-16 that will crown the winner the “F