Archery Sales Take a Pause

After two years of rapid but slowing growth, archery equipment sales appear to be trailing behind year ago levels. Point-of-sale data collected from about 15,000 retailers by SSI Data shows…

Rakuten Acquires Fit.me

Rakuten Inc., the Tokyo-based e-tailing giant, has acquired a 100 percent stake in Fits.me, a London-based technology company that is helping e-tailers personalize the shopping experience…

Backcountry Looks to Accelerate Growth

With a new equity partner in TSG Consumer Partners, The Backcountry Group is set to shift to its next gear of growth – both here and abroad. “We believe TSG is going to be a great partner for us as we continue to grow our businesses,” said Bac

Nike Reaches Landmark Deal with Michigan

Marking the richest contract in college sports, Nike reached an agreement to replace Adidas as the uniform sponsor for the University of Michigan. The new Nike deal will last until 2027, with options to extend the deal to 2031…

Performance Sports Group Q4 Impacted by Currency Woes

In reporting preliminary fourth-quarter results, Performance Sports Group Ltd. (PSG) said foreign exchange (FX) impacted fourth-quarter results by 13 cents a share, resulting in adjusted net income of approximately $8 million, or 17 cents per share…

Zozi Raises $30 Million in Financing

Zozi, a startup that hooks merchants up with those seeking travel experiences using proprietary software, raised $30 million in a new round of financing. The new infusion of capital was led by Pritzker Vlock Ventures and included Richard Branson of the Vi

Cole Haan Launches New Campaign

Cole Haan has launched its campaign, “Prepare For Takeoff,” as part of the Fall 2015 collection. Set against The multi-channel digital and social campaign features three of New York City Ballet’s brightest stars – Sara Mearns, Megan Fair