Author: Teresa Hartford

The fight to acquire Everlast continued last week with Hidary Group throwing the latest punch as it accused Everlast Worldwide Inc. of violating the previous merger pact by accepting the new $33.00 per share takeover bid from Sports Direct’s Brand Holding

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’

In March, Sam Sato became EVP and CMO of The Finish Line chain. Previously, Sato spent 22 years at esteemed high-end chain Nordstrom, most recently overseeing the entire men’s shoe business. Under Sato’s leadership, the athletic business at Nordstrom grew

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

Nautilus, Inc. will acquire its largest contract manufacturer, Xiamen, China-based Land America Health and Fitness Co., Ltd. NLS will pay approximately $72 million in an all cash-transaction that is expected to close January 2, 2008 and to improve gross

Terra Plana named WL Activewear as its newly appointed distributor for the brand in North America. WL Activewear, headquartered in Montreal, has been bestowed the honor of spreading the Terra Plana story in the US, Canada and Mexico. They will be chargin