Big 5 Announces Board Changes
Big 5 Sporting Goods Corp. announced that it will revise its slate of director nominees for election to the company's board of directors at its 2015 annual meeting of stockholders after reaching an agreement with Stadium Capital Management...(5/4/2015)
VF Corp's Q1 Impacted by Currency Challenges
VF Corp. reported earnings dipped 2.8 percent in the first quarter but would have been ahead 13 percent on a currency-neutral (c-n) basis. Sales increased 1.9 percent or 8 percent on a c-n basis. Among its major brands, sales on a c-n basis rose 7 percent at The North Face, 16 percent for Vans and 10 percent for Timberland...(5/1/2015)
Hibbett Sports Opens 1,000th Location
Hibbett Sports, Inc. announced the opening of the 1,000th store. The new store in Sealy, TX opened on Friday, May 1...(5/1/2015)
Columbia Reports Record Q1 Sales, Ups Guidance
Columbia Sportswear Company raised its full year outlook after reporting sales grew 13 percent in the first quarter to reach a record $479.0 million. The company said sales would have grown 17 percent if not for the negative impact of currency exchange rates...(4/30/2015)
Mountain Khakis Acquired by Warren Kanders
Mountain Khakis was acquired Wednesday by Warren B. Kanders, executive chairman of Black Diamond Inc.. Kanders will join Mountain Khakis as the chairman, while Ross Saldarini will continue to serve as president...(4/30/2015)
Shimano's Q1 Profits Soar as Cheap Yen Boosts Sales
Shimano Inc. of Japan reported better than expect financial results for the first quarter thanks in part to the cheaper yen and brisk sales of bicycles...(4/30/2015)
Implus Control Sold to Berkshire Partners
Implus Corp., which owns Sof Sole, YakTrax, Airplus and other sports accessories brands, announced that Boston-based investment firm, Berkshire Partners LLC, entered into a definitive agreement to acquire a majority position in the company, alongside management, from Trilantic North America....
Vibram CEO Antonio Dus Resign
Vibram announced that CEO Antonio Dus has resigned. Vibram president and chairman of the board Marco Bramani, the grandson of founder Vitale Bramani, will take over as interim CEO...