July 21, 2022
Revenues at the Sports Direct parent’s Rest of World Segment, which includes its since-divested U.S. banners, Bob’s Stores and Eastern Mountain Sports, slipped 2% in the fiscal year ended Apr. 24 to £150.3 million ($188.8 mm) from £152.7 million.
Net income slipped 7% in the second quarter to SEK626 million ($63.7 mm) from SEK672 million on net sales that were up 3% to SEK3,314 million ($337.4 mm) from SEK3,229 million, but would have been down 3% constant currency.
The U.K.-based multi-banner retailer and Finish Line parent is in exclusive talks to sell Footasylum to German private equity investor Aurelius Group, according to Sky News.
The acquisition of Jack Corbett, which makes the official base of Major League Baseball, strengthens Rawlings assortment by consolidating another MLB authentic on-field category.
Golf equipment wholesale sales were both up double digits for the first six months of 2022, the National Golf Foundation found, including a 10.2% increase in clubs and a 12.1% increase in balls.
A CA district court dismissed Ricky Wisdom’s suit against Easton with prejudice because he failed to appear before the court, and ruled that Easton was entitled to recover its costs.
Aqua Lung is recalling about 16,400 i330R SCUBA diving computers because they can fail to adjust to the user’s altitude and display incorrect calculations for sea level dive times at altitudes exceeding 3,000 feet.
Crye Precision is recalling about 300 LRB leg loops because the buckle on the leg loops, when worn with a load-rated belt, can loosen and slip.