SGB Media Online | Active Lifestyle Market B2B Information
Newton Golf Narrows Q3 Net Loss as Year-Over-Year Sales Growth Surged. November 15, 2024. The company, previously know as Sacks Parente Golf, posted a net loss of $1.06 million in the quarter, compared to a net loss of $1.2 million in the year-ago Q3 period. Revenue was $1.2 million in the third quarter, an increase of 1,175 percent year-over-year.
EXEC: REI Selling Four Distribution Centers in Sale/Leaseback Plan
October 16, 2024. SGB Executive. by SGB Executive. Based on ads currently running in commercial real estate web sites, REI Co-op is apparently working to do a sale/leaseback deal on at least one or all of its four owned and operated distribution centers in the U.S. The ads cite a “long-term NNN sale/leaseback opportunity to own one or all of ...
West Marine Reaches Restructuring Deal to Avoid Court Proceedings
West Marine agreed to restructure roughly $800 million of the company’s debt in out of court proceedings with the assistance of L Catterton, its private-equity owner, sources told the Wall Street Journal. The Fort Lauderdale, FL-based boating and fishing suppliers retailer, with 230 stores in 38 states, will receive $125 million of new funds from …
Alphabroder Acquires Prime Line | SGB Media Online
Alphabroder, a leading North American distributor of imprintable sportswear and accessories and portfolio company of Littlejohn & Co., LLC, closed its acquisition of Prime Line, a leading manufacturer and supplier of promotional products for more than three decades. Since its founding in 1980, Prime Line has introduced many innovative products ...
Eddie Bauer To Be Sold To Authentic Brands And Simon
SGB Update. Authentic and SPARC Group, a joint venture between Authentic and Simon Property Group, are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital. Terms weren’t disclosed. Following the close of the transaction, SPARC’s operating platform will include Eddie Bauer, Brooks ...
Modell’s Bankruptcy Offers Little Relief To Stakeholders
On August 10, Retail Ecommerce Ventures, led by digital entrepreneurs, Dr. Alex Mehr and Tai Lopez, acquired Modell’s intellectual property and other assets related to the e-commerce business for $3.64 million. Modell’s had drawn two bids at a bankruptcy auction for those assets. Modell’s also retained A&G Realty Partners to sell its ...
Broder Bros., Co. Rebrands As Alphabroder | SGB Media Online
Following a history that traces back over 90 years, Broder Bros., Co., the leading supplier of imprintable sportswear and accessories in the United States, announced today that it is rebranding as Alphabroder. The new name unites the company's four brands under a single umbrella to create simplified business practices and clear company messaging.
Champion’s Four Growth Drivers To Reach $3 Billion
2021年6月1日 · At the event, Hanesbrands revealed a plan for Champion to become a $3 billion global brand by 2024, representing a 14 percent compound annual growth rate (CAGR) from projected 2021 sales of approximately $2 billion. At the event, Ram highlighted the four growth drivers: Forge deeper connections with consumers, Create compelling products, Focus ...
Bass Pro And Sportsman’s Warehouse Call Off Merger
December 3, 2021. SGB Update. Great Outdoors Group, owner of the Bass Pro, Cabels’a and White River Marine Group, and Sportsman’s Warehouse Holdings Inc. have called off their merger deal, according to a regulatory filing on Thursday. Sportsman’s Warehouse, which is a publicly-traded company, said in the filing, “The decision to ...
Behind The Deal: Hibbett Makes Strong Retail Play With City Gear ...
2018年10月30日 · Hibbett on Monday announced that it had agreed to acquire City Gear for $88 million plus an additional $25 million if certain financial targets are met (the company wouldn’t comment on the specifics of those targets). Read more: Hibbett Sports To Acquire City Gear. Soon after the deal was announced, Rosenthal spoke with SGB while he was ...