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November 27, 2024


Vendor Executive Compensation Fell 24% in 2023

Total compensation of the top 132 executives at public sporting goods companies reached $580,881,044 last year, as comparable pay for executives on our list both this year and last declined by 24%.

Vista Outdoor Closes Kinetic Sale

VSTO moved quickly to consummate the divestiture of its ammunition business to Czechoslovak Group after shareholders approved the sale by a huge margin on Monday, signing the deal this morning.

China Dongxiang Rebounds in H1

The Chinese footwear and apparel company’s bottom line swung to a profit of RMB 136,965,000 ($18.9 mm) in the fiscal first half ended Sep. 30, from a loss of RMB 409,713,000 last year with both periods dominated by gains from changes in fair value of financial instruments.

Frasers Group Buying South African Retailer

The Sports Direct parent is acquiring Holdsport Group, which operates South Africa’s leading sporting goods chains Sportsmans Warehouse and Outdoor Warehouse, as well as sneaker and streetwear retailer Shelflife, from Old Mutual Private Equity and management.

Trump Taps Lighthizer Lieutenant as USTR

The president-elect has chosen veteran trade negotiator Jamieson Greer as the incoming administration’s new U.S. trade representative.

Bogg Sues over Copycat Bags

Bogg Bag, formerly Twenty-Six Designs, filed suit in NJ district court accusing Team Beans (dba Forever Collectibles) of infringing on Bogg's trade dress with its Tailgate Tote line.

Etcetera: Wolverine, Jonathan Ram, Puma, AKASO, Rally House

 
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