Granite Gear, manufacturer of award-winning backpacks, is proud to announce that their Senior Director of Design and Development, Michael Meyer, is a recipient of the prestigious ‘SGB 40 Under 40’ Award from Sporting Goods Business Magazine…
Author: Charlie Lunan
Turtle Fur Donates $10,000 to Nepal Earthquake Relief
Turtle Fur has made an initial donation of $10,000 to aid in relief efforts for those affected by the recent earthquakes in Nepal…
Implus Control Sold to Berkshire Partners
Implus Corp., which owns Sof Sole, YakTrax, Airplus and other sports accessories brands, announced that Boston-based investment firm, Berkshire Partners LLC, entered into a definitive agreement to acquire a majority position in the company, alongside mana
Garmin Fitness Continued to Set Pace in First Quarter
Garmin Ltd. Fitness segment continued to distance itself from the company's three smaller businesses in the first quarter by growing sales 31 percent, while sales again declined at the Outdoor segment…
Xenith’s Detroit Assembly Plant Begins Operations
Xenith opened its new football helmet assembly plant in Detroit Wednesday after months of collaborating with several Michigan companies who helped move the operation from the East Coast…
Thule Reports Americas Lagged Europe in Q1
Thule Group AB reported its first quarter sales reached SEK1.37 billion ($165 mm), up 27.1 percent, or 11.5 percent in currency-neutral (c-n) terms as strong growth in Europe and the Rest of the World greatly outpaced growth in the Americas…
Wolverine: Sperry and Merrell Can Still Hit Annual Growth Targets
Despite reporting flattish first quarter sales, executives at Wolverine Worldwide Inc. insisted they can still grow sales 2-to-4 percent this year as a big boost in spending, expedited product launches at Merrell and growing momentum at it resurgent Sperr
Thule Expects Lagging U.S. to Rebound in Back Half
Thule Group AB turned in strong growth in the first quarter, albeit with little help from the United States, where executives expect new products to ignite growth this month…
RECALL: 5,000 Pedego Lithium-Ion Batteries
Pedego Electric Bikes of Irvine, CA has recalled about 5,000 lithium rechargeable batteries because they can overheat and pose a fire hazard…
Garmin Ltd. Eyes Expanding Headquarters
Garmin Ltd. is exploring expanding on a new piece of property it has acquired adjacent to its headquarters near Kansas City, according to a report by the Kansas City Business Journal…
Mammut Names New Distributor for Iberian Peninsula
Mammut Sports Group named BM Sportech S.A. its distributor for Spain and Portugal effective immediately…
TomTom Invades Action Camera Market
TomTom of The Netherlands introduced its first GPS enable digital action camera Wednesday in a move aimed squarely at taking on category leader GoPro Inc…
Wolverine’s Performance Sales Decline in First Quarter
Wolverine Worldwide reported flattish sales for its first quarter ended March 28, as mid single-digit growth from the Heritage Group and low single-digit growth from the Lifestyle Group were partially offset by a low single-digit revenue decline from the
Truckers Strike Ports of Los Angeles and Long Beach
On Monday, April 27, 2015, port truck drivers serving the nation’s largest port complex began a strike of four major drayage firms at the twin ports of Los Angeles/Long Beach, where a crippling slowdown in early 2015 sent shock waves through the U.S
Wholesale Fuels Safilo’s Q1 Growth in North America
Safilo Group reported overall sales in North America increased 5.3 percent in currency-neutral (c-n) terms in the first quarter, as a strong performance by its Wholesale business, including Smith Optics, easily offset a dip in sales at its Solstice Sungla
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