EMS/Bob’s Logs Loss For Sports Direct In Fiscal 2018
Sports Direct Inc. said Bob’s Stores and Eastern Mountain Sports, acquired in bankruptcy proceedings in May 2017, showed £9.2 million ($11.9 mm) in trading losses in the company’s fiscal year ended April 29.
Amazon Prime Day 2018 Manages Another Record
Amazon said that sales across its Prime Day event surpassed Cyber Monday, Black Friday and the previous Prime Day, when comparing 36-hour periods, making this once again the biggest shopping event in Amazon history.
HeiQ Partners With Concept III In North America
HeiQ Materials has announced a partnership with Concept III to strengthen the sales and support to the company’s brand partners in North America.
Wolverine World Wide’s Debt Ratings Upgraded
“The upgrade reflects our expectation for continued improvement in operating performance and credit metrics over the next 12-18 months,” said Moody’s Lead Apparel Analyst Mike Zuccaro.
Play It Again Sports Parent Shows Earnings Gains
Winmark Corporation, the parent of Play It Again Sports, reported net income for the second quarter ended June 30, 2018 of $7.14 million, $1.73 per share, compared to net income of $5.53 million, or $1.23, a year ago.
Body Glove Signs Chris Bertish
Body Glove International, a leading watersports and outdoor active brand since 1953, announced the signing of legendary athlete, speaker and philanthropist Chris Bertish as an official ambassador.
Sea To Summit Brings Andy Palmer On Board As General Manager
Sea to Summit, a supplier of backpacking, camping, paddling and adventure travel gear, welcomed Andy Palmer to the company’s North American executive team as the team’s general manager.
Sportsman’s Warehouse Announces Secondary Public Offering
Sportsman’s Warehouse Holdings Inc. announced that the company’s stockholders, Seidler Equity Partners III L.P. and SK Capital Holdings L.P., have agreed to sell 2.82 million shares of the company’s common stock in a registered, underwritten public offering.
Dwyane Wade Signs ‘Lifetime’ Deal With Li-Ning
Dwyane Wade has signed a lifetime deal with the Chinese sports brand Li-Ning according to the Associated Press.
Deloitte Finds More BTS Shoppers Decide To Purchase In-Store Than Online
This year’s Deloitte’s “2018 Back-to-College Survey” shows that mobile and online shopping is hitting a plateau amongst parents.
SFIA Releases First Batch Of Single Sport & Fitness Activity Reports For 2018
The Sports & Fitness Industry Association (SFIA) is releasing a total of 90 Single Sport & Fitness Reports for 2018.
OT Sports To Sponsor Minor League Baseball
Beginning with the 2019 season, OT Sports will be an official on-field provider of home and road uniforms, including pants, for Minor League Baseball.
Perry Ellis Special Committee Reiterates Commitment To George Feldenkreis Transaction
The special committee of the Perry Ellis International Inc. board of directors, which is composed of the independent directors, reiterated the committee’s commitment to the George Feldenkreis transaction and the committee’s intention to recommend that all Perry Ellis shareholders vote for the Feldenkreis transaction.
Brunswick Corporation Appoints Board Member
Brunswick Corporation announced that Joseph McClanathan has been elected to serve as a member of the company’s board of directors, as well as on the board’s human resources and compensation committee and finance committee.
SylvanSport Continues Advocacy For Growth Of Outdoor Industry
SylvanSport CEO Thomas Dempsey worked closely with state officials, other North Carolina outdoor industry members and the North Carolina Outdoor Recreation Industry Office to host delegates from all 11 states with Outdoor Recreation Industry Offices last week in Asheville, NC.
