October 20, 2020
Rawlings, which is jointly owned by PE-firm Seidler Equity Partners and Major League Baseball, is adding the baseball and softball bat, glove, protective gear and apparel brand Easton Diamond Sports.
As brands continue to accelerate their DTC strategies, major retailers retaliate with more private label lines with the latest being Kohl’s to launch FLX that it will use to augment its growing activewear department that also features many key brands.
Sales at Conzetta Group’s Outdoor segment, which consists entirely of Mammut brand, were down 20% in the first nine months of 2020 to CHF 149.4 million ($163.2 mm), implying nearly flat sales of CHF 68.5 million in the third quarter.
The Chinese sportswear brand said same store sales improved low-single digits in the quarter, but those gains came entirely from a high-thirties gain in e-commerce sales, as brick-and-mortar owned retail and wholesale sales to franchised distributor dropped mid-single digits.
The decline in National Park traffic leveled off last month, falling 10.8% year-over-year for the second straight month, with recreational visits down to 32,489,175 from 28,981,663.