September 13, 2023 Birkenstock Files for Initial Public Offering in NY
The L Catterton-controlled footbed sandal maker has filed an F-1 with the Securities and Exchange Commission, seeking to list its shares on the New York Stock Exchange under the symbol “BIRK.” Caleres Gets Boost from Athleisure Styles
Newness in fashion sneakers and the white court shoe explosion has helped CAL offset weak sandal sales in the spring/summer selling season, the company shared at the Piper Sandler Growth Frontiers Conference. Solo Brands Touts Wholesale Success and Cost Savings
Solo Brands’ year of pivoting towards wholesale at the expense of direct-to-consumer is seeing favorable results on the top and bottom lines despite the broader retail headwinds. Tiger Group Names Advisory Board
Tiger, which participated in iFit Health & Fitness’ refinancing last year, and recently invested in Alpha 6 Distribution, tapped four industry veterans for its newly launched advisory board. Nike Shareholders Shoot Down Proposals at AGM
The Swoosh’s stockholders rejected shareholder proposals calling for more detailed reporting of employee pay by race and gender, and better tracking of forced labor and wage theft risks in its supply chain. Canadian Tire Plans Debt Offering
CTC is issuing two series of unsecured medium term notes totaling C$600 million ($447 mm), C$400 million of 5.372% Series G notes due Sep. 16, 2030, and C$200 million in floating rate Series H notes due Sep. 14, 2026, in a private placement. Longstreth Sporting Goods Sells Stake to PE Firm
Roebling Capital Partners has made an undisclosed investment in the field hockey equipment supplier, which is based in Spring City, PA, outside of Philadelphia.
The hockey retailer specialty chain expanded its footprint with the acquisition of North Georgia Hockey, its first location in the Peach State, and now operates over 70 retail locations across 23 states. Etcetera: Lululemon, Cardo Systems, True Fitness, Foot Solutions, Dick’s SG, VF Corp., Arena
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