August 28, 2020
The global athletic apparel market decelerated last year from 2018’s strong growth pace, but still turned in a mid-single-digit gain in 2019 to $93,054 million compared to $89,197 million.
Hibbett recorded a $40,355,000 profit in the second quarter ended Aug, 1 against a loss of $8,778,000 last year on revenues that soared 75% to $441,607,000 from $252,440,000 including a +79.2% comp sales gain.
Canadian Tire promoted Stephen Brinkley to president of SportChek, responsible for the overall strategic direction and growth of more than 400 retail locations across Canada.
Vertikal, a Clearview Capital-backed holding company, has agreed to recapitalize Higdon Outdoors and Power Calls Company, which makes calls, hunting blinds and sporting dog accessories.