Stein Mart Enters Into Transaction To Go Private

Stein Mart Inc. entered into a definitive merger agreement under which an affiliate of Kingswood Capital Management, L.P. will acquire all of the outstanding common stock of Stein Mart not already beneficially owned by affiliates of Jay Stein, Stein Mart’s former CEO and current chairman of the Board of Directors, for 90 cents per share in cash.

Brunton Outdoor, Inc. Announces Executive Promotion Of Per Wååg

Fenix Outdoor brands Primus and Brunton announced the promotion of Per Wååg to Global CEO of Primus AB and Brunton Outdoor, Inc., effective January 27. Wååg previously served as GM of Brunton Outdoor, Inc., the U.S.-based manufacturer of outdoor navigation instruments since 1894 and the North American distributor of Primus, the Swedish outdoor equipment brand […]

LifeStraw Names Alison Hill CEO

LifeStraw, the manufacturer of water filtration products for the outdoor enthusiast and award-winning humanitarian company, announced that Allison Hill, the brand’s long-time managing director, will assume the role of CEO.

Deckers Brands Q3 Easily Tops Guidance

Deckers Brands Inc. raised its earnings guidance for the year after reporting results for the third quarter ended December 31 that easily topped its outlook. Sales grew 2.6 percent at Ugg and jumped 63.6 percent for Hoka One One. Teva and Sanuk both suffered double-digit declines.

H&M Appoints New CEO

H&M said Karl-Johan Persson has stepped down as CEO to assume the role of chairman, after his father Stefan said he would relinquish that role. COO Helena Helmersson has been appointed CEO.

RYU Apparel Seeks To Enter Consultant Agreement

RYU Apparel, the Vancouver-based athletic apparel brand, is seeking to raise $7 million in capital in order to enter a consulting arrangement and pursue a plan to bring RYU to profitability over the two-year period.