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Sports Authority filed for bankruptcy early Wednesday, saying it will close 140 stores- nearly a third of its total

Sports Authority follows the recent retail giant trend–floundering financially and closing stores. The company will close about 140 of its 463 stores. The retailer filed for Chapter 11 protection in federal bankruptcy court in Delaware, a move aimed to help shed debt and clean up balance sheets.

The stores’ closings will take place over the next three months. The bankruptcy filing will allow   …  More

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Vista Outdoor Inc. announced that it has entered into a definitive agreement with BRG Sports, Inc. to acquire BRG Sports’ Action Sports division, which is operated by Bell Sports Corp. and includes the market-leading brands Bell and Giro, and C-Preme and Blackburn. The acquisition adds a collection of branded sports equipment products serving enthusiasts of all ages in cycling, snow sports and powersports. Products marketed under the acquired brands include helmets for cycling, snow sports, and powersports, as well as goggles, footwear and a variety of cycling accessories.

“This acquisition is consistent with  …  More

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A new, damning report by the Sydney Morning Herald has shown that the Australian surfwear giant Rip Curl has produced and sold millions of dollars worth of clothes manufactured under “slave-like” conditions in North Korean factories since at least 2014.

According to an investigation by Fairfax Media, workers at the Taedonggang Clothing Factory near the North Korean capital of Pyongyang were contracted to make some of Rip Curl’s 2015 winter range of clothing despite   …  More

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Someone once said: “the things you own end up owning you.” Actually, that intro might be dressing it up with profundity. It could have been Tyler Durden in Fight Club. But regardless of the source, is this not strikingly tragic in the case of relationships between surfers and the brands that claim them?

Take Andy Irons as the most recent and tragic example. He will forever be synonymous with  …  More

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