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April 02, 2024


Shoes For Crews Files for Prepackaged Bankruptcy

Never Slip Holdings, the parent of workwear supplier Shoes For Crews and a number of related companies, filed for Ch. 11 protection in DE federal bankruptcy court in preparation for an asset sale to its first-lien lenders.

Report: Authentic Brands Group to Acquire Champion

The licensing juggernaut has won the bidding for Hanesbrands’ iconic activewear brand, and will pay “a little more than $1 billion” according to WWD, citing a source close to the matter.

Puma Opening Los Angeles Studio

The new location in the Hollywood area of Los Angeles will be the home of PUM’s design and marketing teams, bringing it closer to influential communities and celebrities to inspire products and campaigns aimed at the U.S. market.

Salomon Shifts to Category Dedicated Sales Teams

The Amer Sports-owned brand has changed its North America sales strategy with the hiring of softgoods specific teams aimed at scaling Salomon’s footwear, apparel and gear business, particularly in the run specialty and outdoor specialty channels.

Riddell Acquiring Helmet Tech Company

The protective gear maker is buying its longtime partner Simbex, the product design and development firm that helped Riddell develop its InSite impact response system and analytics platform.

GSM Outdoors Purchases Fishing Rod Company

Gridiron Capital-backed GSM Outdoors has inked an agreement to acquire Mid-America Rod Company, its second brand in the fishing rods segment after buying Phenix Rods last year, for undisclosed terms.

NICS Checks Decline in March

After a drop in Jan. and essentially flat Feb. NSSF’s adjusted NICS checks declined 7.4% last month to 1,442,061 from 1,556,492 a year ago.

Etcetera: Fanatics, Confluence Outdoor, Hurley, Vail Resorts, Peak Ski Company, Skechers, The Athlete’s Foot, Full Swing

 
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