January 17, 2018
Legion Partners and 4010 Capital, both activist funds, have teamed up to take a 5% stake in Genesco, and said in their filing that they believe the company’s shares are significantly undervalued and that substantial value could be created by selling certain assets and returning those funds to shareholders.
The good news is that the House approved a Miscellaneous Tariff bill that will reduce or suspend duties on 10 footwear products for the next three years.
Colonna will run sales, marketing and product for all of the K2 Sports brands, include skis, snowboarding, skate as well as Ride Snowboards, Line Ski, Full Tilt Ski Boots, BCA Backcountry Accessories, Atlas Snowshoes, Tubbs Snowshoes and Madshus Nordic Skis.
Just weeks after starting to re-open Gander Outdoor stores in 69 former Gander Mountain locations, parent Camping World has now launched the GanderOutdoors.com e-commerce site.