Unifi To Acquire National Spinning’s Dyed Yarn Unit
The acquisition is expected to enhance Unifi’s position as a leading producer of dyed staple and filament yarn in the region, and will add acrylic and wool products to the company’s dyed yarn portfolio.
The Buckle’s Comps Slide In March
The Buckle Inc. announced that comparable store net sales for the 5-week period ended April 7, 2018 decreased 1.1 percent
Bank of America To Stop Lending To Makers Of ‘Military-Style Firearms’
Bank of America announced that it will no longer finance manufacturers that make military-style guns like the AR-15.
Puma Lifts FY Outlook On Double-Digit Q1 Revenue Growth
Puma slightly raised full-year guidance for 2018 after reporting strong preliminary results for the first quarter. Sales rose approximately 21 percent on a currency-neutral basis in the quarter.
Starboard Nominates Four For Newell Board
Starboard Value LP, the activist hedge fund seeking to replace Newell Brands’ board, charged in a letter to Newell’s shareholders that Newell entered into a “hastily constructed” agreement with famed investor Carl Icahn that may lead to Newell electing directors to the board who are weaker than its own nominees.
Academy Sports Opens Stores In Shreveport And Madison
Academy Sports + Outdoors opened new stores in Shreveport, LA and Madison, MS.
Camping Popularity Grows With Addition Of 6 Million New North American Campers Since 2014
More than 6 million new North American households have adopted the camping lifestyle since 2014, with the number of campers who camp three times or more each year – the most avid group of campers – having increased by 64 percent, according to the results of the 2018 North American Camping Report by KOA.
Zumiez’s March Comps Climb 12.6 Percent
Zumiez Inc. announced, that total net sales for the five-week period ended April 7, 2018 increased 14.7 percent to $82.3 million, compared to $71.7 million for the five-week period ended April 1, 2017.
Dutch Solar Products Company WakaWaka Goes Public
WakaWaka – which improves access to light and power for a person living off the grid whenever a consumer buys a solar light or power bank – is the first European B Corporation with public offering.
LifeStraw Names Adam Janecka Head Of Retail Sales
Sales veteran of 20-plus years to drive international growth for filtration and purification products company.
Bigtruck Adds Outside Directors, Elects Chairman
Bigtruck, the headwear specialist, has expanded the company’s board of directors to include two new outside directors, bringing industry experience and perspective to the brand.
Kansas And North Carolina State Caught In College Basketball Probe
An Adidas executive conspired with others to pay the families of players to commit to Kansas and North Carolina State, according to a new court documents. Louisville and Miami had been the only schools involved in the FBI’s probe into corruption in college basketball.
Columbia Sportswear To Acquire Remaining Interest In China Joint Venture
Columbia Sportswear Company announced the intent to acquire the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture that the company currently operates in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.
University Of Washington Switches From Nike To Adidas
University of Washington athletic officials announced plans for a 10-year agreement to make Adidas the official athletic footwear and apparel partner of the Huskies through June of 2029. The university had been wearing Nike for 20 years.
Canada Goose Files $1.25B Preliminary Base Shelf Prospectus
Canada Goose Holdings Inc. has filed a preliminary short form, base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.
