Nautic Partners, LLC, a private equity firm with more than $2.3 billion of capital under management, has acquired Prince Sports, Inc., in partnership with Prince’s management. The firm acquired Prince from Lincolnshire Equity Fund II LP, another P.E. fi
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
GSI Commerce Adds Partners Through Acquisition…
GSI Commerce Inc. is either adding functionality to its services, removing a bit of the competition, or both, as the company announced its plans to acquire Accretive Commerce Inc., a Huntersville, N.C.-based e-commerce solutions provider. Under the defini
The Finish Line and Genseco See Merger Deal Pass FTC Muster…
The Finish Line, Inc. and Genesco Inc. announced last week that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Act, in connection with the companies' pending merger. The deal, which is exp
Payless ShoeSource Closes on Stride Rite Acquisition…
Payless ShoeSource, Inc. has completed the acquisition of The Stride Rite Corporation, including the Stride Rite, Keds, Sperry Top-Sider, Tmmy Hilfiger Footwear, and Saucony brands, and has officially changed its name to Collective Brands, Inc.
True Temper Q2 Loss Expands…
True Temper Sports, Inc. posted a modest mid-singles sales growth rate for the second, but decreased margins as the result of increased pricing pressure, especially in nickel, paired with an increase in the quarter’s interest expense to cause the company
Easton-Bell Q2 Profits Soar on Better Margins…
Easton Bell Sports finished its first full quarter after the merger between Easton and Riddell-Bell Sports anniversaried in March with low-single-digit organic sales growth that led to very strong bottom line growth. Most of the sales increase came from t
OR Summer Market: Apparel Trends Swing Towards Tech and Green…
While lifestyle apparel is generally the theme of OR Summer Market, many of the more technical companies were offering a healthy balance between performance, sport-specific apparel and more casual, lifestyle offerings. Part of this trend is linked to the
Solstice Re-Launches with New Ownership and Design Team…
Solstice is re-joining the outdoor industry with a new silent ownership group, a new design team, and a new marketing firm, after a brief hiatus. Formerly headed by Don Pattison, Solstice is now run by a team of former Columbia Titanium designers, includi
Atomic Puts New Ogden-Based Sr. Management Team in Place…
Following the relocation of their headquarters to Ogden, UT, Atomic put a new team of senior level staff in place. The new team will be led by Mike Adams, president and general manager of Atomic USA…
REI launches new ‘Eco-Sensitive’ Labeling…
While many vendor companies and OIA are meeting to discuss standards for eco-sensitive labeling, REI has already rolled out a plan to implement a similar program into its REI brand products. The new eco-sensitive label will designate items manufactured wi
Deckers Faces Possible Nasdaq Delisting…
Deckers Outdoor Corporation received a letter from the staff of the Nasdaq Stock Market indicating that the company is not in compliance with the SEC filing requirements for continued listing on the Nasdaq Global Select Market. The letter was issued due t
Aldila to Buy Back Shares Through Dutch Auction
Aldila, Inc. intends to commence a “Dutch auction” tender offer to acquire shares of its common stock. The company intends to spend up to $7.5 million to repurchase up to 496,688 shares of common stock, or up to 9.0% of the outstanding shares at a price p
Ironman Partners with Zorrel on Apparel Range
Ironman has partnered with Zorrel International, Inc. to produce a line of Ironman branded apparel. The line will include a variety of training-related items to include warm-up pants, sports bras and tanks; as well as pieces that will transition to casual
Golfsmith Loses Board Member
Lawrence Mondry resigned as a director of Golfsmith International Holdings, Inc., effective immediately, in order to devote full attention to his duties as president and chief executive officer of CSK Auto Corporation…
USGA Names Director of New Media
The United States Golf Association has named Alex Withers as the organization’s director of new media, a newly created position. The appointment will see Withers take responsibility for the overall online and new media efforts of the USGA, with the goal o
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