Billabong Appoints Chief Operating Officer

Billabong CEO Neil Fiske announced the appointment of Jeff Streader to the role of global chief operating officer (COO) of Billabong. Streader’s background includes supply chain and operational leadership roles at Guess?, Kellwood, VF Corporation, F

Skateboard Community Raised $93K at Skate for a Cause

On May 3rd, 50 pro and am skateboarders, a dozen sponsors and more than 2,000 fans joined Ryan Sheckler in Lake Forest for the Sheckler Foundation's Skate for a Cause event, presented by etnies. Skateboarders in attendance included: Jamie Thomas, Sea

Skechers Signs Elite Athlete Kara Goucher

Skechers Performance Division announced the signing of long-distance runner, Kara Goucher, to the Skechers Performance Elite Team. The multi-year agreement names Skechers Performance Division as Goucher’s official footwear sponsor and will feature t

Target’s CEO Resigns

Gregg Steinhafel, the chairman and CEO of Target during the retailer's massive breach of customer data last year, has left the company effective immediately…

Sturm, Ruger’s Q1 Revenues Climb 9.0 Percent

Sturm, Ruger & Company, Inc. reported net sales of $169.9 million and fully diluted earnings of $1.22 per share, compared with net sales of $155.9 million and fully diluted earnings of $1.20 per share in the first quarter of 2013…

RG Barry Acquired by Mill Road Capital for $215M

R.G. Barry Corporation, the parent of Dearfoams, signed a merger agreement pursuant to which Mill Road Capital, a private equity firm, will acquire all of the outstanding shares of R.G. Barry for $19.00 per share in cash, reflecting an equity value of app

Sequential Brands Group Returns to Profitability

Sequential Brands Group, the owner of Heelys, the DVS skate brand and numerous fashion brands, reported first-quarter earnings of $742,000, or 3 cents a share, rebounding from a loss of $21.5 million, or $2.96, a year ago…

RG Barry to Go Private in $215M Deal

R.G. Barry Corp., best known for the Dearfoams slipper brand, has agreed to be acquired for an estimated $215 million by Mill Road Capital, the Greenwich, CN.-based private equity firm that proposed buying it in September.
The merger will result in R.G. B

Americas Weakness Weighs on Crocs Q1

With marked softness in the U.S. making up for a healthier performance overseas, Crocs, Inc. reported earnings tumbled 78.0 percent in the first quarter, to $6.4 million, or 6 cents a share. Excluding certain charges, the company reported a non-GAAP net i