Internetstores AG, a leading German online bike and outdoor products retailer approaching $80 million in annual sales, has landed a $40 million equity investment from EQT Expansion Capital II…
Author: Charlie Lunan
Starwood to Open Ski Resorts in China in August
Starwood Hotels & Resorts Worldwide, Inc. will open Westin and Sheraton ski resorts in Changbaishan, China in August, adjacent to the slopes of Changbai Mountains…
EMS to Open Three News Stores in Coming Months
Eastern Mountain Sports Inc. plans to open three new stores in the coming three months, including: an expanded and relocated store in Manchester, CT; a second store in Portland, ME; and a store in North Brunswick, NJ…
Slumberjack Now Available in Canada
American Rec has begun distributing its Slumberjack brand in Canada through its Canadian Rec subsidiary…
Schoeller Textil’s New CEO Takes the Reins
Schoeller Textil AG said its acting COO Siegfried Winkelbeiner took the reins as CEO this month, replacing Hans-Jürgen Hübner, who is taking on a new role after 48 years with the Swiss fabric and technology company…
Accell in Exclusive Talks to Acquire Raleigh Cycle Limited
Accell Group N.V. announced that it is engaged in exclusive discussions with Raleigh Cycle Limited and its shareholders, which, if successfully concluded, could lead to the acquisition of Raleigh by Accell Group. Raleigh, which owns the Raleigh, Avenir an
JJB Sports Confirms Talks with Potential Strategic Investors
JJB Sports plc confirmed that it has in recent weeks held discussions with its lending bank and a number of potential strategic partners and investors about raising additional financing for the company in what could be its third recapitalization since 200
LeftLaneSports.com Acquires Seshday.com
LeftLaneSports.com, the members-only flash sale site for outdoor, fitness, and action sports, has acquired Seshday.com, a flash sale site catering to action sports enthusiasts. The deal marked the second acquisition by LeftLaneSports.com in seven months..
Exceed Pays $313,800 per Acre for Chinese Manufacturing Site
The owner of Xidelong, one of the largest domestic sportswear brands in mainland China, disclosed that it paid , RMB77.5 per square meter ($313,800/acre) for an industrial site in Jiangxi Province where it will build a new factory…
CamelBak, Fox Racing Parent Expands Credit Agreement by $30MM
Compass Diversified Holdings (CODI), a publicly traded private equity fund that owns Fox Racing Shox and CamelBak, exercised April 2 an option under a credit agreement to borrow another $30 million and reduce it borrowing costs…
West Marine’s CEO to Retire
West Marine, Inc.’s president and chief executive officer, Geoff Eisenberg, plans to resign once the company can hire his replacement, the company announced…
Mammut’s 2011 Sales Hurt by Strong Swiss Franc
Mammut Sports Group said the strong Swiss franc undermined its sales last year as European customers flocked to less expensive products. Sales fell by 4.7 percent to CHF 210.8 million ($239mm) as the franc rose 3.8 percent against the euro and 3.4 percent
Exceed Reaches Settlement With Virginia Research Firm
Exceed Company Ltd., the owner and operator of China's Xidelong sportswear brand has reached settlement ) with D.B. Research LLC, an independent research firm based in Chesapeake, VA, and its principal Michael Joseph Ritinski, in connection with the
Vapur Hires Verde PR and Consulting
Vapur, which designs and manufacturers collapsible hydration bottles, has hired Verde PR & Consulting as their public relations agency of record…
Backbone Media Signs Horny Toad
Horny Toad appointed Backbone Media to manage its public relations, including all media communications and consulting on brand strategy promoting Horny Toad’s apparel line and social media initiatives…
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