New Balance Launches NB SparkStart

New Balance, Inc. and the New Balance Foundation launched NB SparkStart, a global initiative focused on improving the health, well-being and self-esteem of children through movement. The New Balance Foundation will provide $4 million in NB SparkStart gran

Sportsman’s Warehouse Beats Plan Despite Q1 Loss

In its first report since going public in late April, Sportsman's Warehouse Holdings Inc. reported a loss due to an expected sharp decline in firearms and ammunition sales. On a conference call with analysts, John Schaefer, Sportsman's Warehouse

Implus Adds FitDeck to Fitness Line-Up

Implus has acquired FitDeck, Inc., a company that creates custom decks of playing cards – delivered in both physical and digital formats – that make exercise more simple, convenient and fun. The acquisition comes as Implus continues to expand its current

Report: Toms for Sale

According to the Financial Times, Toms has hired bankers to explore a sale. The L.A.-based ethical label could fetch as much as $600 million, sources told the newspaper…

Adidas Outdoor Appoints Business Manager of Key Accounts

Adidas Outdoor appointed Peter Schuster as business manager of key accounts for the U.S. Schuster has more than 20 years of experience in sales, most recently director of sales for national accounts and national account channel sales manager for tradition

Lululemon Launches Buy-back As Comps Decline Clouds Future

Lululemon Athletica Inc. announced a $475 million stock buyback last week to take the sting out of disappointing fiscal first quarter results, but some investors were not buying it. Pointing to a continuing decline in comparable store sales, analysts cont

President Signs Legislation Important to Boaters

President Obama signed bipartisan legislation earlier this week that recognizes that the Federal government needs to do more to help small harbors, address longstanding dredging issues, and improve boating and navigation infrastructure…