SGB Update

Spate Of Small Deals May Mark End Of M&A Boom

A spate of small acquisitions in recent weeks could mark the last gasps, rather than a resurgence, of a four-year boom in mergers and acquisitions in the global sporting goods industry, according to one investment banker.

Sports Direct Reports Disappointing Fiscal Year Results

Sports Direct International plc, which pulled its bid for hundreds of Sports Authority stores last month, reported margins flatlined at its sporting goods retailing segment in the fiscal year ended April 24 as sales slowed in the back half of the year.

Mammut Names New CEO

Oliver Pabst has been named to replace Rolf Schmid as the CEO of Switzerland’s Mammut Sports Group by the board of directors of Conzzeta AG.