Heelys Names VP of International

Heelys, Inc. named John W. O'Neil as vice president – international. In this role, O'Neil will oversee all aspects of Heelys' international business, including managing Heelys' international distributors. John W. O'Neil joins Heel

Under Armour Names New Europe Chief

Under Armour, Inc. appointed Peter Mahrer as president and managing director for Under Armour Europe, B.V. Mahrer replaces Ryan Wood who is returning to the U.S. as planned in a reduced role…

Weak Mall Environment Slows Q1 Retail Growth…

The biggest impact on the sports lifestyle retail market during the fiscal first quarter was the lack of energy at the mall, which turned overall retail results downward for the period, especially on the bottom line. This softness resulted largely from r

Hidary Claims Not Fair on Everlast Take-Over…

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

Hedge Fund Picks Up Large Stake in Under Armour…

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’

SEW Goes One-on-One With Finish Line’s Sam Sato

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

PE 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

Nautilus to Acquire Bowflex Manufacturer…

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

NGF: Rounds Played Rebound in May…

According to the National Golf Foundation, rounds played at the nation's golf courses in the month of May showed strong enough gains to more than halve the year-to-date decrease from down 9.0% through April to down 3.9% through the end of May. In May

Sochi, Russia Chosen to Host 2014 Winter Olympics

The International Olympic Committee (IOC) named Sochi, Russia as the host city of the XXII Olympic Winter Games in 2014 during its 119th Session in Guatemala City. Sochi beat PyeongChang in the final round of voting by 51 votes to 47…

GSI Commerce Completes Note Offering

GSI Commerce Inc. completed its private offering of an aggregate of $150 million principal amount of unsecured 2.5% convertible senior notes due June 1, 2027. Net proceeds to GSI from this offering will be approximately $145 million after deducting estima