Big Rock Sports Launches Mobile Ordering App
Big Rock Sports has introduced a new app that enables their customers to order products with their mobile devices.
Mad Engine Acquires Mighty Fine
Mad Engine LLC, a leading full-service apparel company, formally announced that it has completed its acquisition of Mighty Fine Inc.
Top Honors Awarded In New England
Based on a voting process that included all the New England winter sales reps, Rich Brachold, owner of Village Ski & Snowboard Shop in Franklin, Massachusetts, earned EORA/NESR’s Winter Retailer of the Year award.
Ruffwear Partners With Locally
Ruffwear, a leader in performance dog gear for outdoor adventure, is now offering a website shopping tool to connect customers with retailers in their area that carry Ruffwear products.
NRF Statement On Administration’s Infrastructure Plan
National Retail Federation President and CEO Matthew Shay said, “We appreciate the President’s attention to the urgent need to rebuild America’s outdated infrastructure, which has long been a priority for NRF and our members.”
GNC’s Chief Merchant Joins Barnes & Noble
Barnes & Noble Inc. announced that Timothy Mantel has been named chief merchandising officer. Mantel previously held the role of chief merchandising officer for GNC Corporation.
Bearpaw Makes Major Expansion Moves In Europe And China
Bearpaw, the maker of fashion footwear for men, women, and children, has taken another big step towards expanding their presence in Europe and China with the establishment of two new entities.
Schutt Sports Partners With Gridiron Sports Reconditioning
Schutt Sports expands Midwest reconditioning business with partnership with Gridiron Sports Reconditioning.
Varsity Brands Name Finalists In 2018 School Spirit Awards
The Varsity Brands School Spirit Awards, presented by Drillstack, has named finalists for its 2018 School Spirit Awards. With over $100,000 in award money up for grabs, winners will be announced at an awards ceremony on May 12th at the Walt Disney World Resort in Orlando, FL.
Remington Outdoor Prepares To Enter Bankruptcy
Remington Outdoor Company is planning to complete a debt restructuring in bankruptcy proceedings. The plan calls provides for the reduction of approximately $700 million of Remington’s consolidated outstanding indebtedness and the contribution of $145 million of new capital into Remington’s operating subsidiaries.
Puma Operating Profits More Than Double In Q4
Puma reported fourth-quarter earnings slightly more than doubled with the help of strong sales growth combined with an improved gross profit margin. Puma also said it expects currency-adjusted net sales will increase by approximately 10 percent in 2018.
Yue Yuen’s Sales Dip 1.8 Percent In January
Yue Yuen reported consolidated operating revenue reached $737.1 million in January, down from $750.5 million a year ago.
Iconix Brand Group Announces Private Exchange Of $110 Million Of Its Convertible Note
John Haugh, CEO of Iconix, commented, “These exchange transactions are part of the company’s strategy to satisfy near-term debt obligations and represent a positive step in improving our balance sheet. We are also announcing a cost savings initiative to improve our profitability and free cash flow.”
Puma And AC Milan Announce Long-Term Partnership
Puma and Italian Serie A football club AC Milan announced an official long-term partnership. The legendary club had been with Adidas since 1998.
Starboard Delivers Letter To Newell CEO And Board Of Directors
In a letter to the board of Newell, Starboard Value LP said it plans to nominate three former Jarden executives (Ian G.H. Ashken, Martin E. Franklin and James E. Lillie) and a former long-time Newell Director (Domenico De Sole) to its slate of director candidates to oversee a turnaround of the company.
