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…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
West Marine Cuts Guidance
West Marine, Inc. lowered its earnings and sales outlook for 2007, citing softness in the market. The boat supplies retailer now expects full year earnings in the range of 24 cents to 34 cents per share, down from its previous range of 45 cents to 55 cent
Vital Picks Up Warrior Sports Apparel License
Warrior Sports has signed an apparel license agreement with Vital Apparel. Vital will design and develop Warrior branded apparel in association with the Warrior product and design groups as well as work to introduce new and innovative materials and design
U.S. Supreme Court Affirms Brand Control…
The fight for control of a brand went the route of the brand owner last week as the U.S. Supreme court struck down a nearly century old ban on the setting of minimum pricing…
K2, Part II? Heckmann Forms Buyout Firm…
After the planned sale of K2 Inc. to Jarden Corp., the industry wondered what would become of the company’s outspoken leader, Richard Heckmann. It seems Heckmann is not yet done with the acquisition/consolidation game as he has formed a new buyout firm c
VF, Hanesbrands Plan Factory Closures…
Two of the major players in the apparel industry announced plans to close down redundant factories in the hopes of lowering costs last week…
OIF Takes an In-Depth Look at the Next Generation…
Outdoor Industry Foundation completed the 2007 edition of The Next Generation of Outdoor Participants which takes a holistic approach to analyzing the activity of the life-cycle of consumers who participate in outdoor sports. In the first edition of this
Hardgoods Vendors See Tough First Quarter…
Without the benefits of acquisition driven top-line growth, and all of the negative factors involved in the various integration initiatives hitting the bottom line, hardgoods vendors had a tough first quarter in 2007. However, softgoods and footwear vendo