Everlast Opens First Stores in the U.S.

Everlast Worldwide is opening all three of its first U.S. brand stores in Florida. The stores will showcase boxing and mixed martial arts gear, alongside its new line of fitness apparel for men and women…

Fitbit’s IPO Sizzles

Proving many of its critics wrong and highlighting the hot prospects for the health-tracking device category, Fitbit last week made a huge splash in its initial public offering…

Speedo Signs Missy Franklin

Speedo USA, a division of PVH Corp., announced that five-time Olympic medalist, holder of two individual world records and competitive swimming superstar Missy Franklin has joined Team Speedo, marking her first endorsement since becoming a professional sw

Colt Files for Bankruptcy, Plans Sale

Colt Defense LLC, filed for Chapter 11 bankruptcy protection after failing to win the support of bondholders for a debt-restructuring agreement. The 179-year-old firearms manufacturer famous for making “the gun that won the west,” has secured

House Narrowly Passes TPA Trade Bill

The U.S. House of Representatives on Thursday took the first step toward resuscitating the White House’s trade agenda by passing legislation granting President Obama fast-track authority…

Kevin Plank Moves To Keep Control At Under Armour

In a move aimed at keeping founder and CEO Kevin Plank in control the company, Under Armour's board of directors last week agreed to create a new class of stock without voting rights. The company plans to issue up to 400 million Class C shares in a t