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
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
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
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
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