Billabong Names New CEO, Proposes Another Rescue Plan

Billabong International Limited’s board of directors reversed course and embraced a refinancing offer from two U.S. investment firms last week after they revealed they had lined up former Eddie Bauer CEO Neil Fiske to spearhead the Australian compan

Billabong Choose Refinancing Partners, Names Fiske CEO

Billabong International Limited entered into binding refinancing agreements with affiliates of Centerbridge Partners, L.P. and Oaktree Capital Management, L.P. (C/O Consortium) that calls for the Australian action sports company to hire former Eddie Bauer

Reebok Partners with Les Mills

Reebok and fitness programmer, Les Mills, have announced a new partnership. To mark their alliance, a short film – ‘Revolution’ – which celebrates the evolution of studio fitness, is being released…

Jack Wolfskin Appoints New Footwear Director

Jack Wolfskin appoined Markus Baum as its footwear director. He succeeds Jochen Rolle, who has been responsible for the German outdoor company's footwear line the last 11 years and who is leaving Jack Wolfskin for personal reasons. Markus Baum was pr

Sherpa Adventure Gear Adds Reps

Sherpa Adventure Gear has added two new sales teams to represent its growing outdoor apparel brand in the Southeast and Upper Midwest territories…

Tern Completes $4.3 Million Investment Round

Tern, the folding bike brand based in Taipei, Taiwan, announced that it has closed a US$4.3 million round of investment from private investors. The funds will be used to accelerate global expansion as well as to ramp up investments in product development.