June 14, 2017 SFIA Exec Bill Sells Unhurt in DC Shooting Today
The SVP of government affairs was attending the Republican baseball practice when James Hodgkinson started firing at Republicans practicing for the annual Congressional Baseball Game between the two parties. Nike is Target of EU Antitrust Investigation
The European Union is investigating whether Nike illegally restricted their dealers from selling merchandise online and violated EU regulations designed to promote greater choice and lower prices both online and offline. Lululemon Sees Digital Accelerating in H2
Reiterating its confidence that its new digital strategy was on track to build on momentum in Q1 and accelerate in H2, Lululemon suggested to the William Blair investor conference that its goal to reach 25% of sales in digital by 2020 might be conservative. Tony Palma Returns as CEO of Easton
Peak Achievement Athletics, the successor to bankrupt Performance Sports Group, said Tony Palma will lead the Easton Diamond Sports side of its business after naming Ed Kinnaly earlier this month to head up the Bauer, Maverik and Cascade brands. Payless Now Wants to Close Up to Another 81 Stores
In yet another revision designed to extract concessions from landlords, Payless has filed a motion to close 81 of the stores that were recently removed from the store closing list, saying that it was hopeful that continued negotiations with landlords would result in additional concessions that would enable them to keep the stores open. Canada Goose Files Secondary Offering
Selling shareholders are offering 12.5 million shares and expect to gross $322 million in a secondary offering of subordinate voting shares. Nester Hosiery Takes PE Investment
The parent of the Ballston and Farm to Feet brands and private label sock maker received an investment from Aiglon Capital Management and Merit Capital Partners. Etcetera: BSN Sports, Pelican International, K2 Snowboarding
|