Dick’s SG Completes Redemption Of Convertible Notes
Dick’s Sporting Goods, Inc. said in a regulatory filing it completed the conversion and redemption of its outstanding 3.25 convertible senior notes due 2025 and expected to reduce its annual interest payments by approximately $1.9 million.
Academy Sports + Outdoors To Open First Store In Peoria, IL
Academy Sports and Outdoors, Inc. reported it will open its first location in Peoria, IL, this summer; this is the second location in Illinois, set to open in Grand Prairie Plaza. The floor space covers over 60,000 square feet.
FitFlop Opens First U.S. Store
FitFlop, the ergonomic and wellness footwear brand, announced it opened its first U.S. store in the SoHo neighborhood in New York City.
Ed Brown Products Names New Sales And Marketing Director
Ed Brown Products, the maker of custom handguns and components, hired Dave Biggers as sales and marketing director.
Gymshark’s Fiscal 2022 Profits Slide On Higher Costs
Gymshark, the UK-based activewear brand, reported pre-tax profits fell 39 percent in its fiscal year ended July 31, 2022 as higher costs offset a 21 percent gain in sales, led by robust U.S. growth.
Canada Goose Makes Five Appointments To Leadership Team
Canada Goose reported making five appointments to its leadership team, effective immediately. Matt Blonder was hired as chief digital officer, Juliette Streichenberger was tapped as president of CGAG and the EMEA, Ana Mihaljevic was named head of global stores in addition to her role as president of North America, Daniel Binder moved from an interim position to chief transformation officer and EVP, sales operations and planning, and Patrick Bourke was promoted to SVP of strategy and corporate development.
Lululemon Promotes Two To EVP Positions
Lululemon promoted two members of its senior leadership team to EVP positions. Susan Gelinas was named chief people and culture officer, and Shannon Higginson was appointed chief legal and compliance officer.
Evnroll Putters To Merge With Uneekor
Creatz, Inc., the parent company to South Korean golf technology company Uneekor, acquired a majority stake in the Carlsbad, CA-based putter brand Evnroll.
Unifi Sees Healthy Sequential Improvement In Q3 Results
Unifi, Inc. announced preliminary results for its fiscal third fiscal quarter ended April 2, showing sequential improvement in sales and earnings over its fiscal second quarter.
Samsonite’s Debt Ratings Upgraded On Robust Sales Recovery
S&P Global Ratings upgraded the debt ratings of Samsonite International S.A. to reflect the company’s sales recovery in fiscal 2022 and the expectation of continued global travel recovery supporting further performance improvement through 2023.
Nordstrom’s Debt Ratings Outlook Lowered
Moody’s Investors Service changed Nordstrom, Inc.’s debt ratings outlook from stable to negative, reflecting Nordstrom’s continued operating challenges, particularly in its off-price Nordstrom Rack chain.
Authentic Brands Group Purchases IP Of Vince
Authentic Brands Group reported it agreed with Vince Holding Corp. (VNCE) to acquire the fashion brand’s intellectual property for an undisclosed amount.
Original Penguin Golf Partners To Expand In Asia Pacific Region
Perry Ellis International and Walkinshaw Sports agreed to a strategic partnership to distribute Original Penguin golf and tennis apparel to the Australian and New Zealand wholesale and retail markets.
New Study Shows Economic Viability For Professional Women’s Sport In Canada
Canadian Women & Sport, in partnership with Boston Consulting Group and the Canadian Tire Corporation, parent company to SportChek and Helly Hansen, released new research outlining the growing investment opportunity for Canada’s professional women’s sports market.
EoS Fitness Opens Newest Arizona Location
EoS Fitness opened an Arizona location a 40,000-square-foot space at Queen Creek gym. The gym is the company’s first location to open at Queen Creek and its 28th location in the state.
