January 30, 2018
Owl Creek Asset Management, which owns about 2.8% of BC shares, sent the company’s board a letter making the case that its marine engine and boat manufacturing businesses would be worth more without the fitness equipment business.
Sales were driven by ski boots and skis, which posted the biggest increases, while snowboard segment sales were up 5%.
Oakley recorded the strongest growth in two years in Q4, parent Luxottica reported, bouncing back after recent quarters in which hurricanes and stricter MAP pricing policies weighed on sales.
A search and rescue effort was launched by French authorities today when Pierre Agnes’ empty boat washed ashore in Hossegor near Biarritz.
E-commerce accounted for 29% of outerwear sales in the trailing 12 months through Nov., up two percentage points from last year, the research company reported.