September 30, 2019
The total purchase price of $28 million for the inventory and assets will cover three stores in PA, two in NY, two in NC and one in MI. SPWH said the deal was consistent with its normal pace of store openings following a period when it had scaled back to invest in its omni-channel capabilities.
The two Japanese retailers saw winter sports sales brought down by a warm winter with low snowfall combined with soft golf equipment sales, in their fiscal years that ended Jun. 30 and Aug. 31, respectively, but both also called out outdoor products as showing excellent growth potential.
That is far less than the £70 million various sources reported earlier but the Eager Beavertons are also offering a 20% royalty, U.K. outlets are now reporting.
Sport leisure footwear sales grew 7% year-over-year in the 12 months ended Aug., 2019, NPD Group reported, while fashion footwear declined 5% and performance footwear was down 7%.
Olin Corp.’s ammunition division was awarded a $28.3 million fixed price contract to take over and run the Lake City army ammunition factory in Independence, MO.
CLAR’s new segment includes the SKINourishment brand, along with other skincare, supplements, nutrition and other personal health products that may be developed or acquired in the future.