Lanctôt Licensing Inc., a private company based out of Montreal, Quebec, has made an offer to acquire Igloo Vikski Inc. by way of a takeover bid through the TSX Venture Exchange for all of the issued and outstanding common shares of Igloo at a price of $1
Author: SGB Media
Crocs Completes Jibbitz Acquisition
Crocs, Inc. has successfully completed its previously announced acquisition of the membership interest of Jibbitz, LLC, a family operated business that specializes in the customization of Crocs footwear. The purchase price was $10 million in cash at closi
The Walking Company Opens Two New Pennsylvania Stores
The Walking Company will open new stores in Ardmore and Langhorne, PA on Friday, December 15. The Walking Company currently has Pennsylvania locations in King of Prussia, Willow Grove and South Hills…
Conservation Alliance Helps Preserve 76,000 Acres
Adding to a string of conservation success stories this year, Conservation Alliance grantees secured permanent protection for 76,000 acres of federal land in New Hampshire and Vermont. This victory is the fifth significant accomplishment for Alliance gran
PPA Hosts Second Annual National School for Paddlesports Business
The Professional Paddlesports Association (PPA) will host the second session of the National School for Paddlesports Business in Loudonville, Ohio from March 19 to 21, 2007,. The school is designed to improve business management knowledge, skills, and abi
DeFeet Hires New CEO
DeFeet International, Inc. hired Lynn Moretz to be the company’s new president and CEO effective Jan. 2, 2007. Shane Cooper, President and Founder of DeFeet, has headed the company since its inception. Cooper will remain in his current position at DeFeet
Camisasca Takes Over Interbike Director of Advocacy Duties
Interbike's director of advocacy, Mike Greehan, has left Interbike to focus his efforts on his company, Cue Ball Media. Lance Camisasca, Interbike's show director, who has worked together with Greehan and guided Interbike's advocacy program
Pacific Cycle Appoints New EVP and GM for IBD Business
Pacific Cycle Inc. promoted Steve Reeds to the position of EVP, GM of Global IBD. Reeds most recently served as VP, GM of InSTEP, Pacific Cycle’s popular line of joggers, strollers and trailers, and prior to that he served as Pacific Cycle’s VP, IBD Purch
CamelBak Hires Allen as VP of Government, Military and Industrial
CamelBak Products LLC named Nick Allen as Vice President of its Government, Military and Industrial Division.
Allen has extensive experience including 19 years of Military/Government Market Development at W. L. Gore and 20 years service as an officer in t
Dick’s Sporting Goods Expands Midwest Distribution Center
Dick's Sporting Goods will hold a ribbon cutting ceremony to formally announce the expansion of its Midwest regional distribution center in Plainfield, Indiana. The expansion will allow Dick's Sporting Goods to service up to 230 stores from this
Garmin Expands Fitness Monitoring Capabilities with Dynastream Acquisition
Garmin Ltd. has acquired Dynastream Innovations Inc. for approximately $36 million in cash. Dynastream will continue operations as a wholly-owned subsidiary of Garmin Ltd. The acquisition is expected to be neutral to Garmin Ltd. earnings in 2007. Dynastre
Kellwood Company Q3 Earnings Slip on Restructuring Charge
Kellwood Company net sales totaled $516.4 million, as compared to $520.0 million in the third quarter last year. Net earnings from continuing operations were $5.5 million, or 21 cents per diluted share, versus $7.9 million, or 29 cents per diluted share,
Timberland Acquires Howies
The Timberland Company has acquired Howies Limited, an active sports brand founded on the idea of designing and manufacturing clothing for the inspired action sports and outdoor customer. Howies was created to serve as a voice and mechanism for communicat
PacSun November Comps Slip 3.8%
Pacific Sunwear of California, Inc. total sales for fiscal November ending November 25, 2006 were $110.9 million, an increase of 3.4% over total sales of $107.3 million during the same period last year. Total Company same-store sales decreased 3.8% during
Finish Line Expects Q3 Loss on Negative Comps
The Finish Line net sales were $281.5 million for the 3rd quarter, an increase of 2.7% over consolidated net sales of $274.0 million for Q3 last year. Total Company comparable store net sales for Q3 declined 3.3%. By concept, Finish Line comps declined 3.
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