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Crocs Cuts Jobs, Closes Stores After Earnings Drop

Crocs, Inc. said it would reverse its strategy Tuesday, saying and focus on profits over growth. The company will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The company unveiled the plan while repo

Competitor Group Appoints Meb Keflezighi VP of Running

Competitor Group, Inc. (CGI) named Meb Keflezighi its first vice president of running, effective immediately. The Boston Marathon winner will develop CGI's training content and directly contribute to the company's overall growth in the running i

Made in USA Certification Company Settles with FTC

A company that provides a “Made in USA” certification seal to marketers has agreed to settle Federal Trade Commission charges that it deceived consumers by allowing companies to use the seal without either independently verifying that those co

NSSF Announces Two Staff Additions

The National Shooting Sports Foundation (NSSF) has announced that it has appointed Jennifer L.S. Pearsall as director, public relations and Justin Morrissey as digital content specialist…

Majestic Athletic Launches Player Trades Promotion

Majestic has launched its new Summer Trade Bummer Buster promotion. Now through July 31, Majestic will offer any customer who has purchased the jersey of a traded player through majesticathletic.com a coupon for 50 percent off toward another authentic col

Newell Rubbermaid to Acquire Ignite USA

Newell Rubbermaid has agreed to acquire Ignite USA, LLC, which makes thermal mugs and hydration bottles under the Contigo and Avex brands, for $308 million from North Castle Partners and its co-investors. Ignite's sales have grown at a CAGR of 35 per

Brunswick to Divest Bowling Businesses

Brunswick Corporation reached an agreement to sell its retail bowling business to Bowlmor AMF for $270 million. As a result of the sale, the company also said it plans to divest its bowling products business, which includes a wide range of balls, bags, sh

Active Ride Shop Finds New Investor to Help Expand

Active Ride Shop has received an undisclosed investment from Tengram Capital Partners with a plan to accelerate its expansion. As a part of Tengram’s investment, Rick Mina, a former Foot Locker executive, will join the action sports chain’s bo

Cortland unveils ‘Next 100 Years’ Initiative

To mark the Cortland Line Company’s centennial in 2015, the company announced that it is partnering with four conservation and education organizations to help ensure that great fishing remains a part of our nation's heritage for another century