Onex Corp. to Acquire Survitec Group for $680MM

Onex Corporation has agreed to acquire Survitec Group Limited, a UK-based maker of survival gear, for $680 million (£450 million). The transaction is anticipated to close in the first quarter of 2015, subject to customary conditions and regulatory approva

Big 5 Sporting Goods’ Sales Slowed in December

Big 5 Sporting Goods Corporation reported warm weather, lower than expected firearms sales and discounting cooled its sales growth in December. The California-based retailer, announced net sales increased just…

Westcomb Names New Sales Reps

Westcomb is broadening its capacity to serve retailers in Western Canada in addition to signing a new agency to manage growth in New England…

Reebok Releases Free Range Video

Reebok challenged the fitness culture status quo with the release of “Free Range” – a video starring a chicken that encourages people to escape a culture that promotes monotonous, uninspiring activities and take on a more engaging approach to

GoPro: Growth Just Starting

Despite selling over 4 million units over the last 12 months, GoPro sees no signs of saturation in the action camera category. And despite the arrival of Sony, HTC Corp., Panasonic and Garmin, GoPro doesn’t see threats to its dominant position in th

Upbeat Holiday Forecasts Arrive

According to initial forecasts, holiday sales came in better than expected. The gains are attributed to the improving economy, including a rebounding job market and lower gas prices, as well as robust online selling…

Zumiez and PacSun Lead Strong Holiday Sales

Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both Macy’s and JC

PacSun Comps Break Out in December

Pacific Sunwear of California, Inc. reported comparable store net sales during the month of December increased 9 percent compared to the same period a year ago…

Cannondale-Garmin Team Showcases 2015 Team and Technology

Cannondale-Garmin Pro Cycling showcased its 2015 team and the cycling products they will be using at a VIP event in New York City Wednesday night. Products from sponsors Cannondale, Garmin, New Balance, Mavic, Castelli, POC, FSA/Vision, Fizik and Kinnetic