Sporting Goods Industry News for April 23, 2018
Under the terms of a new agreement, Starboard will appoint two new directors to the board who will be replacing two of the four directors that had been appointed by investor Carl Icahn as part of an earlier agreement with management to stave off Starboard.
The Chattanooga, TN- retailer will operate as part of the Uncle Dan’s Outfitters subsidiary of Camping World and said the plan is to rapidly expand the footprint of the existing six locations throughout the Southeast, according to the Times Free Press.
Boardriders’ acquisition of Billabong closes tomorrow, and the Oaktree Capital-owned parent detailed management roles and responsibilities in the merged entity.
LULU is suing more online sellers who use their own sites or platforms such as iOffer, eBay, AliExpress, and Alibaba to sell allegedly counterfeit product.