Eastern Mountain Sports said that in order to facilitate future growth, it closed on new financing totaling $50 million. In addition to raising new equity from existing investors, EMS closed on a new, larger senior credit facility led by Wells Fargo Retai
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
2009 Interbike Exhibitor List on Par with Last Year
Interbike said its 2009 exhibitor list on par with last year with major exhibitors returning. Interbike International Expo and Outdoor Demo is set for Las Vegas the week of September 21-25…
Conservation Alliance Announces Eight New Members
The Conservation Alliance said eight outdoor companies have joined its organization since January. The new members are: Canada Goose; E.N.D. Footwear; Exped; Everest Textiles, Inc.; GrahamSpencer West; Klean Kanteen; Saucony; and The Alpine Experience…
Adams Golf Falls into the Red
Adams Golf reported net sales in the second quarter fell 30% to $23.3 million from $33.3 million a year ago. The company had a net loss of $5.2 million, or 78 cents a share, after a $3.6 million, non-recurring, charge to cost of goods sold for the write-d
Quiksilver to Sell Swimwear in Vending Machines
Quiksilver reached an agreement to sell co-branded, board shorts and bikinis available pool side in automated dispensing machines at Standard Hotels, which has locations are in downtown Los Angeles, Hollywood, New York, and Spa Miami…
New Report Finds Pregnant Women Should Exercise
Physicians should recommend low to moderate exercise for their pregnant patients, even if they have not exercised prior to pregnancy, says a report in the August issue of the Journal of the American Academy of Orthopaedic Surgeons…
PlayCore Acquires GT Grandstands
PlayCore Holdings, Inc. (PlayCore), a manufacturer of a playground, park and recreation, and youth fitness products, has acquired GT Grandstands, Inc. GT Grandstands is a designer/manufacturer of grandstands and bleachers…
Report: Arena Football to Cease Operations
The Arena Football League that called off its 2009 season will now cease operations, according to various reports…
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc, the U.K. chain, said it acquired the rugby brand Canterbury for £6.5 million ($11mm)…
Eddie Bauer Completes Sale to Golden Gate Capital
Eddie Bauer Holdings, Inc. has completed the previously announced sale of its assets and operations to Golden Gate Capital for $286 million in cash…
Iconix Reports Q2 Revenue Grow 9%, Raises FY09 Guidance
Iconix Brand Group, Inc. reported revenue for the second quarter of 2009 was $56.4 million, a 9% increase as compared to $51.7 million in the second quarter of 2008. EBITDA for the second quarter was $41.8 million, a 19% increase as compared to $35.2 mill
Dorel Acquires Gemini Bicycles
Dorel Industries has acquired assets of Sydney-based Gemini Bicycles for US $2.2 million. The business will become part of Dorel's Cycling Sports Group (CSG)…
Big 5’s Earnings Surge on Lower Costs, Comps Up 0.3%
Big 5 Sporting Goods Corp. reported sales for the second quarter rose 3.3% to $216 million from $209 million a year ago. Comps nudged up 0.3%. Net income climbed 176.5% to $4.7 million, or 22 cents a share, from $1.7 million, or 8 cents a year ago. Exclu
Vision Street Wear to Relaunch at Finish Line
Collective Licensing International is set to re-launch the skate brand Vision Street Wear (VSW) for the Back-To-School season as an exclusive at Finish Line August 1st…
Pony Claims Victory in Nike Lawsuit
Pony, Inc. dismissed its suit against competitor Nike Inc. over Nike's much-hyped international “V for Victory” advertising and marketing campaign. Nike notified Pony that the campaign is no longer being used, after Pony filed its lawsuit in April of
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