Puma Launches Arsenal Fans Film

Puma launched the new Arsenal Home Kit Powered by Fans film, revealing the role the Gunners’ supporters play in inspiring the team to perform on the pitch…

Nike’s Directors to Retire

Nike Inc. announced Douglas G. Houser and Orin C. Smith have decided to retire from the Nike board of directors and not stand for re-election at the annual meeting of shareholders in September 2015…

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

Fitbit Prices IPO Above Range

Fitbit priced its initial public offering at $20 a share on Wednesday, a dollar above its already heightened price range of $17 to $19 a share. The price values Fitbit at $4.1 billion…

SFIA: Wholesale Shipments Surpass $84 Billion

Wholesale shipments of sports and fitness products increased by 3.5 percent in 2014, propelling the industry to total sales exceeding $84.2 billion, according to the latest State of the Industry Report…

Fitbit Boosts IPO Price Range

Fitbit, which is set to go public later this week, significantly increased the size of its proposed IPO. At the top of its new price range, the company would have an initial market cap of around $3.89 billion…