October 09, 2017 Marcato Lays Out Detailed Deckers Restructuring Plan in Proxy Fight
The investment fund, which is trying to replace all 10 Deckers directors with its own slate, files its proxy statement with a plan that it says would increase EPS from $3.82 in FY17 to $12.68 by FY 2021 by selling off all the smaller brands, streamlining the retail portfolio, instituting cost-cutting measures in line with what it says are peer levels and using the cash raised from the brand sales to buy back stock. Survey: Consumers will Spend 6% More this Holiday
A large majority (83%) of consumers plan to spend as much or more this Holiday season as they did last year, an average of $1,189 each, or a 6% increase overall, according to Pricewaterhouse Coopers’ 2017 Holiday Outlook. NSSF Calls for BATF Bump Stock Review
The National Shooting Sports Foundation and the Sporting Arms and Ammunition Manufacturers’ Institute called on congress to allow the ATF to determine whether aftermarket trigger activation devices should be regulated items under the NFA. Maurice Sporting Goods to be Acquired
Peak Global Holdings, the parent company of Big Rock Sports, Head Quarters Taxidermy Supply, and Bluefield Brands, signed a letter of intent to buy the sporting goods wholesaler. Under Armour Sticks with Cam Newton after Comment
The Panthers’ quarterback’s flippant response to Charlotte Observer reporter Jourdan Rodrigue’s question at a press conference will apparently not cost him his Under Dog sponsorship. Etcetera: China Dongxiang, TanTec, TYR
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