April 04, 2023
ASO is targeting a 10% top line CAGR over the next five years, aiming to reach more than $10 billion in revenue, powered primarily by new store openings in existing and new markets, along with omnichannel growth and incremental improvements in its existing fleet.
Revenues from the licensing juggernaut’s collectibles and trading cards business crested over the $950 million mark last year, according and initial credit rating report from Moody’s.
The ratings agency confirmed earlier estimates of how much Authentic Brands Group is paying for the parent of Quiksilver, Billabong and other board sport brands, setting the transaction value at approximately $1.25 billion.
Pulling total first quarter NICS FBI background checks into the red, Mar. checks fell 7% to 1,556,492 from 1,669,578, and are off 34% from 2020 levels, in the month that kicked off the pandemic boom in gun demand.
The Compass Diversified subsidiary has acquired Baum Bat, a manufacturer of composite wood baseball and softball bats, expanding its product line and bolstering its technological capabilities.
The Finnish fishing tackle company named Lars Ollberg as its new president and CEO, effective May 1. Ollberg COO and a global management team member until until June 2022.
A DE federal jury ruled that Shenzhen Waydoo and its affiliate, Waydoo USA, owes MHL Custom Inc., $1.3 million in damages for infringing on two of MHL’s patents related to its Lift eFoil personal hydrofoil watercraft.