September 14, 2021 JD Sports’ U.S. Banners Power H1 Gains
The U.K.-based parent of Finish Line, DTLR Villa and Shoe Palace saw U.S. revenues expand 63% to £1,357.3 million ($1,898.3 mm) in the fiscal first half ended July 31, up from £834.3 million last year. Crocs Sees $5 Billion in Five Years
Crocs outlined a five-year growth strategy during its Investor Day, aiming for a CAGR of over 17% to over $5 billion in revenue by FY 2026, driven by key growth pillars digital, sandals and the Asian market. Vista Outdoor Talks Golf and Ammo Strategy
VSTO expanded on its rationale for acquiring golf simulator company, Foresight Sports, at the C.L. King virtual investor conference, as helping it to diversify away from cyclical categories like ammunition. Genesco Confident Despite Supply Chain Pressure
Genesco believes it can capably navigate supply chain issues for the balance of the year, it told investors at the C.L. King conference, and is ordering above projected sales figures to rebuild inventory. Gap Refinancing $1.5 Billion of High Interest Debt
GPS will issue $750 million in 3.625% senior notes due in 2029 and a like amount of 3.875% senior notes due in 2031, both priced at 100% of the principal, with the proceeds earmarked for repurchasing high rate debt issued in the early days of the pandemic. Super Retail Group Names New Macpac Chief
The down-under retailer appointed Cathy Seaholme to lead the outdoor banner, succeeding Alex Brandon, who became CEO of Macpac in 2012 and continued in that role after its acquisition by SRG in 2018. Surge Outdoors Adds Barnett Crossbows
Surge, which currently sells a line of supplements, is entering the hardgoods space with the acquisition of Barnett Crossbows and its broad range of archery equipment, slingshots and accessories. Walther Elevates Rob McCanna to President
McCanna joined Walther Arms in June, 2020 as VP of sales, coming over from bankrupt Remington where he served as SVP of global sales and marketing. VF Corp. and Redress Announce Design Winner
VFC and environmental organization Redress announced the winner of the 2021 Redress Design Award for sustainable fashion design. Etcetera: Vuori, 361 Degrees, SweetSpot Sports, SuperStroke, Castore
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