RSG Snaps Up Boulder Running Co.

Running Specialty Group (RSG), the joint partnership between The Finish Line and Gart Capital Partners, last week acquired one of the crown jewels of the U.S. run specialty channel, Boulder Running Company. Terms were not disclosed…

Under Armour Expects to Hit $4 Billion by 2016

Bringing Tom Brady along to augment the message, Under Armour Inc. delivered a loud proclamation on its growth prospects last week at its 2013 Investor Day event in Baltimore. Officials predicted revenues would reach $4 billion by 2016, more than double 2

Billabong Takeover Talks End, Explores Asset Sales

Billabong International revealed that it had failed to reach a takeover deal with either of its two U.S. private equity suitors. But the Australian surf giant indicated that it is close to a refinancing deal that could save the company and it was now expl

Quiksilver’s Losses Widen in Q2

Particularly hurt by soft sales in Europe and steep markdowns to clear DC Shoes’ inventory, Quiksilver Inc.’s losses swelled in the second quarter ended April 30…

Jarden to Offer $250 Million in Notes

Jarden Corporation announced that it intends to offer $250 million in aggregate principal amount of senior subordinated convertible notes due 2019 in a private offering to institutional buyers…

RECALL: 2,500 Dive Signaling Devices

Ideations DiveAlert of Seattle, WA is recalling about 2,500 U.S.-made DiveAlert and DiveAlert Plus signaling devices that can can malfunction when used and restrict the diver’s air flow, posing a drowning hazard…

Quiksilver’s Losses Expand in Q1

Quiksilver Inc., which also owns DC Shoes and Roxy, reported revenues in its second quarter ended April 30 were down 6.7 percent to $459 million, and were down 5 percent, or $25 million, in constant currencies. Americas net revenues increased 3 percent t

FDRA Announces New Chairman and Leadership Team

The Footwear Distributors and Retailers of America (FDRA) appointed Greg Tunney, president and CEO at RG Barry, as its new chairman. Nick Grayston, SVP and president of footwear and home at Sears Holdings, will take the helm as FDRA’s vice chairman.