OMsignal raised a $10 million Series A investment June 24 led by Bessemer Venture Partners (BVP). Also participating in this round are existing investors including Real Ventures, Mistral Venture Partners, Golden Venture Partners, David Cohen (managing par
Author: Charlie Lunan
Mountain Hardwear Adds PLM for Sportswear, Women’s Design Manager
Mountain Hardwear has hired Jennifer Zollars as senior product line manager of sportswear and Karie Carter as women’s design manager.
Score of Brands to Exhibit at SIA Media Event in NYC
Twenty-two snow sports brands and non-profit organizations will exhibit at the 8th annual SIA Summer Snowdown media-only showroom happening in New York City July 16.
Winter Olympics Boost Q1 Ad Spending
The Winter Olympics boosted ad spending in the first quarter by $600 million, according to data released by Kantar Media. The firm estimates that total advertising expenditures increased 5.7 percent in the first quarter of 2014 to $34.9 billion…
Director of US Military Exchanges Proposes Opening Membership to More Veterans
The director of the Army & Air Force Exchange (A&AFE) has proposed all honorably discharged U.S. veterans be allowed to shop at its online stores, which sell a variety of athletic and outdoor brands at discounted prices, according to a report by the Assoc
Trade Groups Urge California to Restart Prop 65 Reform Effort
Trade groups representing apparel, footwear and travel goods companies are seeking to restart Proposition 65 reform efforts in California from scratch after concluding a regulatory draft prepared by the state’s health regulator would increase their
Survey Indicates Better Employee Engagement Helping Chinese Footwear Factories Retain Workers
Footwear brands and retailers seeking better performance and social compliance from their Chinese suppliers may want to put more emphasis on helping them engage their workers, according to the fifth annual Footwear Factory Survey from the Footwear Distrib
Arc’teryx Enters Footwear Fray With Two-Piece Construction
Arc’teryx Equipment, long admired for the style and fit of its technical outdoor apparel, entered the footwear business last week with a line of technical performance shoes built using a two-piece construction method the brand says enhances performa
Smith and Wesson Reports 4.6 Percent Sale Decline in Fiscal Q4
Smith & Wesson Holding Corporation reported net sales for the fourth quarter declined 4.6 percent to $170.4 million from the fourth quarter last year. Excluding Walther products that were sold in the prior year pursuant to an agreement that has since ende
Samsonite-Gregory Deal Highlights Growing Role of Asian Consumers and Investors in Outdoor Industry
In announcing its plans last week to acquire Gregory Mountain Products, Hong Kong-based Samsonite International S.A. highlighted the growing role Asian investors and consumers are playing in the outdoor industry. Its agreement to pay Black Diamond Inc. $8
Yurbuds Acquisition Marks Harman’s First Active Lifestyle Investment
Yurbuds LLC, which carved out a business by designing slip-resistant ear buds for runners and other endurance athletes, was acquired last week by Harman International Industries. While Harman is a major supplier of personal entertainment systems for the a
Samsonite to Acquire Gregory Mountain Products
Samsonite International S.A. has agreed to acquire Gregory Mountain Products from Black Diamond, Inc. for $85.0 million in cash to be financed by Samsonite’s internal resources as well as its revolving credit facility. The acquisition provides a per
NiteRider Promotes Jacoway, Hires New VP of Sales
NiteRider Technical Lighting has promoted Robin Jacoway, formerly its director of sales and marketing, to the position of executive vice president and hired Jim Boisdenghien as vice president of sales…
Trek, Dorel and Giant Execs Hit Capitol Hill
Top executives with Trek Bicycles, Cycling Sports Group and Giant Bicycle on Wednesday visited with members of Congress and other though leaders Wednesday in PeopleForBike's third Executive Fly-In to Washington D.C. since Interbike 2013…
Missouri River Race Attracts Record 620 Paddlers
A record 620 paddlers have registered to compete in the Missouri American Water Missouri River 340 (MR340) river race, which kicks off at 7 am July 8…