Pelican International, designer and manufacturer of kayaks, canoes, pedal boats and fishing boats announces the appointment of Vincent Bédard as director, communications and marketing…
Year: 2014
Grassroots Names Eddins Southeast Rep of the Year
Scott Eddins, lead territory sales and manager for Outdoor Sports Marketing, was named Sales Representative of the Year for the southeast region at the Grassroots Outdoor Alliance awards and recognition dinner in Loveland, CO earlier this month…
Former Asics Europe Chair Buys Control of Karhu Holding BV
The former chairman of Asics Europe has recapitalized the Finnish footwear company Karhu Holding BV in a deal that makes his family the company's largest shareholder…
Adidas Execs Meet in Rio to Discuss Suarez’s Fate
Adidas executives held an emergency meeting in Rio de Janeiro Wednesday to discuss the fate of Uruguayan soccer star Luis Suarez after images of him apparently biting an Italian defender were beamed to millions of fans watching the FIFA World Cup 2014 tou
GoPro Shares Up 30 Percent in First Day of Trading
GoPro Inc. shares closed at $31.34 on their first day of trading on the NASDAQ Thursday, marking one of the more successful initial public offerings of the year. The company had priced its IPO shares at $24, which valued the company at about $2.96 billion
NFL, Players Amend Concussion Settlement
The National Football League and counsel for the retired player plaintiffs announced a revised settlement agreement in the NFL concussion litigation pending in the U.S. District Court for the Eastern District of Pennsylvania. In the revised agreement the
North America/Western Europe Drives Nike Q4
Nike Inc. reported a modest gain in earnings in the fourth quarter ended May 31, slowed by World Cup marketing investments. But results topped Wall Street's estimates by 3 cents a share. More impressively, revenues grew 10.9 percent to $7.43 billion
RECALL: 125,000 Bikes Using SR Suntour Shocks
Scott USA Inc. and Trek Bicycle Corp. are recalling more than 125,000 of bikes sold since early 2010 that were equipped with SR Suntour forks after receving reports that the forks broke…
Sequential Brands Agrees to Acquire Galaxy For $100 Million Plus Stock and Warrants
Sequential Brands Group, Inc. has signed a definitive agreement to acquire Galaxy Brand Holdings, Inc., which owns the fitness brand Avia, basketball brand AND1 and outdoor brand Nevados for $100 million in cash, 13.75 million shares of common stock of th
One Source Apparel Fills Top Sales and Business Development Position
One Source Apparel has hired 25-year industry veteran John Mitchell as vice president of global sales and new business development. Mitchell's career has included leadership roles at Polartec, Outlast Technologies and most recently…
Performance Sports Stock Sale Nets $126.5 Million
Performance Sports Group Ltd. raised approximately $126.5 million in its public offering of 8.2 million common shares in the U.S. and Canada…
Adidas’ US CFO Joins Crailar Technologies Board
Crailar Technologies, which is developing fibers from renewable fibers such as flax, said Adidas Group America CFO Klaus Frock joined its board of directors effective June 23…
Revised Data Shows Sharp Drop in Consumer Spending in First Quarter
The federal government said new economic data show Americans lowered, rather than increased, their spending on non-durable goods such as apparel and footwear in the first quarter…
Trek Factory Racing and PeopleForBikes to Unveil Advocacy Initiative at Tour de France
PeopleForBikes and Trek Factory Racing will officially debut an ambitious new initiative to improve cycling for everyone at a press conference in England next month at the Tour de France opening ceremony and team presentation. …
UK’s Wiggle Could Be Headed for IPO
Bridgepoint is talking to investment banks about a possible initial public offering of Wiggle, the UK-based online retailer of cycling, swimming and running gear, according to a report by Sky News…