SGB Update

CODI Proposes Debt Offering

Compass Diversified Holdings (CODI) plans to commence an offering of $400 million of senior unsecured notes due 2026 in a private offering.

Netshoes’ Sales Climb 1.9 Percent In Q4

Netshoes Ltd., the Latin American online retailer of sporting and lifestyle goods, reported a reduced loss in the fourth quarter as sales increased 1.9 percent.

Gildan Activewear Nominates Four Board Members

Gildan Activewear Inc. announced that its board of directors has nominated Maryse Bertrand, Marc Caira, Charles M. Herington and Craig Leavitt as director nominees to be voted on by the company’s shareholders at its upcoming annual meeting.

Carbon38 To Open First Permanent Store

Carbon38, the women’s activewear line that counts Foot Locker as an investor, will open its first permanent flagship store in Los Angeles in Palisades Village this September, according to Women’s Wear Daily.

Spartan Taps Craft Sportswear To Design Race Apparel, Footwear

Spartan has named Craft Sportswear the “official performance apparel and footwear” of the Spartan obstacle races. The multi-year partnership, terms of which were not disclosed, will see the two brands developing the first high-performance technical apparel for the rising sport of Obstacle Course Racing (OCR).

HanesBrands Raises $1.97 Million to Be Donated in 2018

HanesBrands and its employees have pledged $1.97 million this year to the United Way of Forsyth County and surrounding North Carolina communities. For these efforts, the United Way of North Carolina gave Hanes its Spirit of North Carolina Award for campaign excellence.

Fenix Outdoor Acquires Royal Robbins

Switzerland-based global outdoor apparel and equipment company Fenix Outdoor International AG has acquired U.S.-based outdoor and travel apparel company Royal Robbins. Terms were not disclosed.

Finish Line’s Adjusted Earnings Climb 19 Percent In Q4

Finish Line Inc., in line with its guidance provided on March 26 when it announced plans to merge with JD Sports, reported earnings on an adjusted basis rose 19.4 percent in the fourth quarter while net earnings were essentially flat.