A union pension fund has filed a lawsuit against K2 and its board of directors for an alleged breach of fiduciary duty in accepting a $1.2 billion cash and stock buyout offer from Jarden Corp. The Steamfitters Local 449 Pension and Retirement Security Fun
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Big Agnes Revs Up 67% YTD
Big Agnes, entering its 7th year in business, is on roll. The sleeping bag, pad and tent manufacturer reports that overall sales are up 67% year-to-date…
Norcross Acquires NEOS
Norcross Safety Products (NSP), parent company of North Safety Products, has acquired New England Overshoe (NEOS), a leading overshoe manufacturer for industrial and consumer markets. New England Overshoe makes NEOS brand overshoes, rugged all-terrain and
PolarPak Reports Delivery Delays
Sport Innovation Group, owner of the PolarPak brand, reported that delivery on all Polarpak Hydration Systems, which includes the Polarpak and Moflow reservoirs along with the Flowjo waist pack, were delayed until early- to mid-June. The company noted cha
Dick’s Sporting Goods Partners with Lacrosse Champions
Dick's Sporting Goods has become a sponsor for The Philadelphia Barrage, the 2006 Major League Lacrosse Champions. At each Barrage home game, Dick's will provide coupons to fans giving $10 off a $50 purchase at local Dick's locations. Dick
SGMA Spring Market to Surpass 1,000 Paid Booths
The launch of SGMA Spring Market will surpass 1,000 paid booth units in size, making it the second largest trade show launch this decade, according to Universal Event Management (UEM). SGMA Spring Market will take place June 11 – 13, 2007 at the Sands Exp
NYC Sued Over Metal-Bat Ban
Baseball bat manufacturers and school baseball sponsors teamed up Monday to ask a judge to toss out a law banning metal bats in the city's high school games as unconstitutional. The lawsuit was filed by USA Baseball and The National High School Base
IMG Acquires Licensing Partners International
One week after completing its acquisition of Collegiate Licensing Company (CLC), IMG announced the acquisition of CLC sister company, Licensing Partners International (LPI). LPI's current clients include: the PGA TOUR, the Canadian Football League, C
Chick’s Sporting Goods to Open 15th SoCal Location…
Chick’s Sporting Goods has completed the first phase of its expansion plans with the opening of three new stores since November of last year and plans to open its largest store this fall in Norco, Calif. Jim Chick, president and CEO of Chick's Sporti
Quiksilver Appoints New Heads for Quiksilver and Roxy Brands
Quiksilver said Steve Tully, currently president of women's, has been appointed to the new role of president, Quiksilver Brand for the Americas. Also, Carol Christopherson, currently president of retail, will become president of the Roxy and Raisins
Group Opposing NYC Bat Ban to File Lawsuit on Monday
“Don’t Take My Bat Away,” a group representing coaches, players, youth baseball enthusiasts and batmakers, will formally file a lawsuit against the City of New York on Monday, May 7th, to stop a ban on the use of metal and composite bats in city high scho
Spyder Signs Footwear License
Spyder Active Sports, Inc., the ski apparel brand, signed a licensing agreement with Catchlight Fashions, Inc. for design, manufacturing, sales and distribution of Spyder-branded footwear. The collection includes men’s and women’s shoes and boots, and chi
Puma Unveils Training Boat and Ocean Racing Team
Puma introduced its training boat and the PUMA Racing Team at an official unveiling ceremony in Boston Harbor Friday. The event was attended by Boston Mayor Thomas M. Menino, PUMA CEO Jochen Zeitz, Volvo Ocean Race CEO Glenn Bourke, Save the Harbor Presid
WHAM-O Hires Director of Licensing
WHAM-O Inc., whose portfolio includes Frisbee, the Original Slip 'N Slide, Hula Hoop and Hacky Sack, hired Chris Guirlinger as director of licensing. Guirlinger is charged with expanding the outbound licensing program in support of WHAM-O's port
Cabela’s Revenues Up 14.2%; Net Down 22%
Cabela's Inc. reported revenues for the first quarter increased 14.2% to $462.1 million from $404.8 million. Net income decreased 22% to $7.1 million, or 11 cents a share, from $9.1 million, or 14 cents, a yera ago…
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