Bravo Sports Corp., a portfolio company of Transom Capital Group, has acquired the Sector 9 skateboard brand from Billabong International.
Author: Charlie Lunan
Sports Direct Reports Disappointing Fiscal Year Results
Sports Direct International plc, which pulled its bid for hundreds of Sports Authority stores last month, reported margins flatlined at its sporting goods retailing segment in the fiscal year ended April 24 as sales slowed in the back half of the year.
Mammut Names New CEO
Oliver Pabst has been named to replace Rolf Schmid as the CEO of Switzerland’s Mammut Sports Group by the board of directors of Conzzeta AG.
Yeti IPO Would Replenish Cash After Big Dividend Payment
Yeti Holdings Inc. filed plans for an IPO, saying it needs capital to meet demand and replenish cash after paying a special dividend of $451.3 million.
Brunswick Acquires Boat Builder Thunder Jet
Brunswick Corporation acquired boat maker Thunder Jet, a maker of heavy-gauge- aluminum (HGA) boats that had sales of approximately $20 million last year.
Gamo Outdoor Acquires Maker Of Daisy Air Guns
Gamo Outdoor SL and its US subsidiary, which are affiliates of the private equity firm BRS, have acquired Arkansas-based BB gun maker Daisy Outdoor Products.
Alibaba Unveils IP Enforcement Platform
Alibaba Group launched a initiative to streamline IP-related communications with brands at its inaugural Rights Holders Collaboration Summit.
Greenpeace Skewers Nike, Li-Ning in Detox Update
Greenpeace said Nike and Li Ning ranked at the bottom of a list of 19 apparel brands pledging to eliminate toxic chemicals from their supply chains by 2020.
REI to Sell Salsa Bikes at Some Stores
REI will begin selling bicycles and bikepacking accessories from Minneapolis-based Salsa Cycles online and at some stores this fall.
Thule Acquires Child Bike Seat Maker
Thule Group has acquired the Dutch company GMG B.V., a leading supplier of child bike seats in the BeNeLux markets. GMG B.V. had sales of €6.1 million in 2015, with a focus on child bike seats under the brand Yepp.
NEMO Names Rep Agency of the Year
NEMO Equipment Co. awarded Kurt Smith and Chaz Warren of Top Gun Sales with its Inaugural Rep Agency of the Year honor for 2016.
Eurobike Opens Travel Talk Conference to Show Attendees
For the 15th time, Eurobike is inviting visitors to attend its bicycle tourism symposium Travel Talk, where a host of speakers will address the impact of digitalization, E-mountain bikes, cooperation and ‘women-only’ tours on the industry.
UK Regulator Clears Wiggle-Chain Reaction Deal
U.K. anti-trust regulators cleared Wiggle Ltd’s acquisition of Chain Reaction Cycles Retailer Ltd. June 30.
REI to Sell Salsa Bikes at Some Stores
REI will begin selling bicycles and bikepacking accessories from Minneapolis-based Salsa Cycles online and at some stores this fall.
Northside Consolidates Operations in New Headquarters
Northside is consolidating its operations at a custom-built, 110,000-square-foot complex that will put administration, accounting, design and development, operations and purchasing under one roof.
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