Johnson Outdoors Inc. has reached a settlement agreement with Confluence Holdings Corp. that will end a long-standing intellectual property dispute between the two companies. While the terms of the agreement are confidential, the settlement does not const
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
RECALL: Sport Maska Face Masks
Sport Maska Inc., the hockey equipment unit of Adidas AG, recalled 1,325 facemasks in the U.S. and Canada because they failed quality-control tests. Sport Maska hasn't received any reports of injuries from the FM5K masks, which were sold in March and
Dale Earnhardt Jr. to Endorse adidas
adidas and Dale Earnhardt Jr. announced a multi-year partnership. The collaboration will include a full line of Dale Jr. footwear, apparel and accessories, including his future racing suit and technical footwear as well as off track footwear and fan appar
Samsonite Acquired by Private Equity Firm for $1.7 Billion
Samsonite, which makes packs and travel gear for Timberland, has been purchased by CVC Capital Partners, a private equity firm.The all-cash transaction is valued at about $1.7 billion, including the assumption of debt. Under the terms of the agreement, f
Hidary Says Everlast Violated Merger Pact
Hidary Group said Everlast Worldwide Inc. violated their merger pact by accepting a new takeover bid from a UK sporting goods retailer, Sports Direct. Hidary said it was continuing to explore all options, including legal and equitable remedies, regarding
Under Armour Launches TV Ads Aimed at Team Girls
In its new “Boom Boom TAP” campaign, Under Armour plans to target the “team girl” segment for the first time in a TV campaign. Like its “Click Clack” campaign, which mimics the noise of football cleats on pavement, “Boom Boom TAP” evokes the noise made by
Stracka Design Acquires Golf Putting Patents
The Stracka Design Company, based in Houston, has acquired two patents that will ensure exclusivity for The Stracka Line. The company said the Stracka Line is a style of golf yardage book that will give highly accurate information for reading a putt line
Women’s Action Sports Website Launched
Core Action Sports, based in Denver, has launched a action sports website for women. Co-founders and sisters Courtney and Lisa Pugh are former competitive freestyle skiers, and life-long action sports’ enthusiasts…
Performance Bicycle Sold to North Castle Partners
Performance, Inc., the largest independent bicycle
dealer and direct marketer of bicycles and cycling accessories in the U.S., has been sold to North Castle Partners. North Castle is a leading private equity firm focused exclusively on investments in cons
Performance Bicycle Sold to North Castle Partners
North Castle Partners has acquired controlling interest in Performance, Inc. Garry Snook, CEO and co-founder of Performance Bicycle, has maintained a significant portion of his investment in the company, and he and other members of senior management will
i.e. distribution Acquires World Industries
i.e. distribution, which was founded in 2004 as the footwear licensee for World Industries, now owns the World Industries brand and its licenses globally. i.e. acquired the business from Globe International for $8 million in a deal that closed last week.
Bidding War Erupts for Everlast
Everlast Worldwide Inc. last week agreed to be acquired by the United Kingdom's Sports Direct International, but the offer was quickly topped by a higher offer from its original suitor, The Hidary Group
Collegiate Pacific Changes Name to Sport Supply Group…
After the blitz of acquisitions it has conducted over the past few years, Collegiate Pacific Inc. is changing its name to reflect its new composition…
Bat Ban Coalition Launches N.J. Chapter…
As the New Jersey Legislature considers legislation to ban the use of aluminum bats in baseball games from Little League to high school, the nation’s first chapter of the “Don’t Take My Bat Away” coalition has launched in the state with more than 700 memb
Heelys Secondary Scrapped…
Heelys, Inc. withdrew its registration statement with the SEC for a secondary public offering of 4.5 million shares of its common stock by certain of its stockholders. The statement was originally filed on May 7, 2007 and last amended on June 25. In the i
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