Lone Pine Capital and related funds acquired a 7.8% stake (2,728,463 shares) in Under Armour Co., according to a filing with the SEC. Lone Pine did not show a stake in UA for the quarter ended March 31, 2007. News of the fund’s purchase led Under Armour’
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
P.E. Firm Acquires Performance Bike…
North Castle Partners, a private equity firm, has acquired controlling interest in Performance, Inc., one of the largest on-line and brick & mortar bicycle retailers in the country. Terms of the transaction were not disclosed, but deals in this sector typ
EORA Shifts Show Dates…
Eastern Outdoor Reps Association will be moving their Hartford, CT show serving the Mid-Atlantic and Northeast market from August to July in 2008. The EORA is also presently investigating a site for a post Labor Day on-water paddlesports event. Historical
Reebok Names VP Sales for Sports Licensed Division
Reebok has appointed Glen Giovanucci as Vice President of Sales, Sports Licensed Division (SLD). Glen will be responsible for driving all SLD sales. Glen has been with Reebok since 2003. He originally joined Reebok in the U.S. operating unit as Vice Presi
Easton-Bell Names D’Onofrio as COO
Easton-Bell Sports, Inc. has named Anthony (Tony) D’Onofrio as COO, effective immediately. In this newly created position, D’Onofrio will be responsible for global operations, including supply chain, sourcing, distribution, manufacturing and planning for
Pacific Outdoor Equipment Names U.S. Sales Director
Pacific Outdoor Equipment has hired John Campbell as U.S. Sales Director. Campbell will be joining the Bozeman, Montana based company immediately and will work directly with Pacific Outdoor’s sales reps and dealers…
Nautilus Sees Settlement Keep Q2 Out of the Red
Nautilus, Inc. reported a 15% decrease in net sales for the second quarter to $117.1 million from $137.6 million last year. Net income for the quarter was $1.1 million, or 4 cents per share, down 35.3% compared to $1.7 million or 5 cents per share for the
Jansport President Corvino Killed in Car Accident…
Michael Corvino, president of JanSport, was killed Saturday in a car accident. Corvino, who was 46 years old, died when he lost control of the 1970 Dodge Charger he was driving, veering off the road and hitting a tree, according to a California Highway P
Spalding Names New Marketing Manager
Spalding has appointed Wendy Unger-Moore as marketing manager. Unger-Moore will be responsible for all marketing related activities as they pertain to the National Basketball Association (NBA), the Women’s National Basketball Association (WNBA) and the Na
Mitchell and Ness Opens Tokyo Flagship Store
Mitchell & Ness Nostalgia Co. has opened its first international retail location: the Mitchell & Ness flagship store in Tokyo, Japan. The store is located in the heart of the trendsetting street wear district, Harajuku, which neighbors the burgeoning, hig
Kohl’s June Comps Down 4.9%
Kohl's Corporation recorded a 2.0% sales increase in net sales for the month of June to $1.35 billion from $1.32 billion last year. On a comparable store basis, sales decreased 4.9%…
Sports Authority Partners with L.A. Galaxy
The Sports Authority and AEG have entered a multi-platform marketing partnership that will name TSA as “Founding Partners” of AEG’s owned and operated Home Depot Center as well as the “Official Sporting Goods Retailer” of the Los Angeles Galaxy of Major L
ASR Goes Green
ASR continues taking Green Steps, the event’s environmental initiative, to the next level for the upcoming ASR, September 7-9th in San Diego. The combination of sustainable event production efforts, special events to raise awareness for environmental effo
adidas’ Hainer ‘Not Afraid’ of PE Takeover
adidas CEO Herbert Hainer created waves this week when he said the company is “not afraid” of a private equity takeover in an interview with German newspaper Die Welt. In the interview, Hainer went on to wonder whether rumors along the lines of a Nike tak
Zumiez June Comps Jump 13.7%
Zumiez Inc. saw net sales for fiscal June jump 48.8% to $31.5 million from $21.2 million last year. The company's comparable store sales increased 13.7% for the five-week period, versus a comparable store sales increase of 12.4% in the year-ago perio
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