July 10, 2019
If anyone ever deserved the sobriquet of Shoe Dog, it was Jerry Turner who died Jul. 9 in his sleep at the age of 84. New Balance’s Million Dollar Intern Signs with OKC
Darius Bazley, the five-star recruit who de-committed from Syracuse to take a unique three-month internship at New Balance, has signed with the Oklahoma City Thunder. Sergio Tacchini Brand to be Relaunched
Perhaps seeing the recent success of its old rival Fila, a group led by Stefano Maroni and backed by Twin Lakes Capital and B. Riley will take control of the venerable Italian sports brand. Yue Yuen Sales Gain in June Driven by Retail
Total sales were up 4% to $810,509,000 last month from $777,262,000 in June 2018, but manufacturing revenue declined an implied 3% to $506,038,000 from $521,833,000. Retail Imports Now Seen Growing More Slowly
Summer imports are now expected to grow only modestly compared to last year, the NRF’s Global Port Tracker is forecasting, with China tariffs on hold for the time being and inventories already high.
The bicycle components maker got a credit rating upgrade to BB- from B+ from Standard & Poor’s, despite its plan to make a $150 million distribution to shareholders financed by a term loan. Ares Outdoors Acquires Outdoor Apparel Brand
Ares is buying the assets of Eagan, MN-based Thlete, which makes and sells a line of technically advanced hunting and outdoor apparel using its proprietary “Deadfall” camouflage pattern. Tender Corp. Buys Counter Assault
Tender will add Bushwacker Backpack & Supply’s Counter Assault defense spray products to its portfolio of outdoor medical kits, bug repellants and sting treatments. Etcetera: VF Corp., Under Armour
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