January 12, 2022 JD Sports Lifts Guidance after Holiday Gains
The U.K. parent of Finish Line, DTLR Villa and Shoe Palace is now expecting that pre-tax profit for the fiscal year ending Jan. 29 will be at least £875 million ($1,197 mm), well ahead of earlier guidance of £750 million. TaylorMade Revenues Hit $1.4 Billion
The top line figure for the 12 months ended Sep. 30 was revealed by Moody’s in a credit report, putting the golf company’s scale in line with competitors Callaway and Acushnet. Riddell Wins Major Ruling in Concussion Suit
A Chicago, IL, federal court judge ruled that plaintiffs’ experts did not show that Riddell helmets have inadequate warning labels, but stopped short of throwing out the suit entirely, instead ordering the parties to return to the negotiating table. Evo Buys Japanese Equipment Rental Business
Evo has brought Rhythm Japan into its portfolio, owning 100% of the Japanese business with existing Rhythm Japan shareholders becoming part owners of Evo. Simms Acquires Montana Fishing Retailer
The fishing gear manufacturer is now the owner of one of the top retailers in a top trout fly fishing destinations, having inked a deal for The River’s Edge and its two Bozeman locations.
Mission, the cooling towel and apparel innovator, has received a growth investment from operations-focused private equity firm Topspin Consumer Partners along with DCR Capital and Allstar Innovations. Club Champion Adds Canadian Clubfitter
Custom club leader Club Champion has extended its reach over the northern border with the acquisition of top Canadian fitter and builder Tour Experience Golf. Dick’s Expands, Prices Debt Offering
DKS is now offering $1.5 billion in new debt, consisting of $750 million in 3.150% senior notes due 2032, and $750 million in 4.100% senior notes due 2052. Etcetera: Fanatics, REI, Tecnica, Santini, Lululemon, Zoot, Lyman, Mizuno, Asics
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