July 26, 2019
Sales at SPD’s Rest of World Retail segment, which includes Bob’s Stores and Eastern Mountain Sports in the U.S. and 33 Sports Direct stores in Malaysia, increased 12% to £215.9 million ($277.5 mm) from £192.4 million in the fiscal year ended Apr. 28 and the segment nearly broke even with an underlying EBITDA loss of £0.9 million ($1.2 mm) against a loss of £22.3 million.
The three-week going concern sale period for Ellett-parent SportCo expired without a bidder stepping up, but several offers have emerged for certain assets of the bankrupt distributor.
New Balance signed on to the RE100 renewable energy compact and the United Nations Fashion Industry Charter for Climate Action.
Asics selected four winners from the collaboration proposals submitted to its Asics Accelerator Program, based on overall assessments of vision and feasibility.