Walmart Acquires Moosejaw
Walmart has acquired Moosejaw, a leading online outdoor retailer, for approximately $51 million.
Gander Mountain Retains Houlihan Lokey In Review Process
The privately-held firm said it issued the statement because “recent speculative news articles” had caused concern among its partners.
New Balance Teams Up With New Era Cap
The first two products in the collection are the New Balance 3000v3 cleat and the New Era 39Thirty Cap, featuring black base materials with iridescent accents.
Plank Pens Open Letter Responding To Trump Backlash
In a full-page advertisement in The Baltimore Sun, Kevin Plank, Under Armour’s CEO, responded to the uproar the company has faced after his comments last week praising President Donald Trump.
Famous Footwear Appoints Chief Merchant
Karlyn Mattson was most recently vice president merchandise manager of shoes, accessories and intimate apparel at Target.
NRF Sees Imports Picking Up
Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
MC Sports Files For Bankruptcy
MC Sports, the Michigan-based sporting goods chain, filed for Chapter 11 bankruptcy Tuesday. The company is moving to hold liquidation sales at all of its 68 locations, but will use the reorganization to seek a rushed alternative funding or to find a buyer that might keep the stores open.
ComScore Reports 18 Percent Jump In Online Holiday Spending
Online buying on desktop computers grew 13 percent while mobile spending (smartphones and tablets) was up 45 percent.
Shimano Sees Earnings Drop In 2016
Sales in 2016 slid 14.7 percent to ¥323 billion, with a 17.4 percent slide in its Bicycle Components segment and 1.7 percent slip in its Fishing Tackle segment.
Surf Expo Adds Sales Manager
Surf Expo, the largest and longest running boardsports, paddle and beach/resort lifestyle tradeshow in the world, appointed Kenenth Andres as sales manager for the SUP, Wake, Wind, Kayak & Canoe sections of the show.
Confluence Outdoor CEO And President Steps Down
Sue Rechner will continue to be a major shareholder in the company and support her successor Richard Krause during the transition.
Cotopaxi Expands Questival To 50 Events
The outdoor gear brand expanded its 24-hour adventure race series to 50 events, including the addition of three Canadian stops, in 2017.
Baltimore Gets Behind-Security Airport Gym
Roam Fitness members will also have access to Lululemon clothes and Brooks Running shoes available for rent or purchase.
Report: Under Armour To Sponsor Real Madrid
Under Armour is reportedly in negotiations to replace Adidas as the kit provider for Real Madrid in what would rank as the highest-value sponsorship deal in the world.
Dick’s To Open Store In Cedar Park, TX
The retailer currently has three other Dick’s Sporting Goods locations in Austin.
