Skullcandy Secures $50 Million Credit Line

In a filing with the Securities & Exchange Commission, Skullcandy Inc. said it entered into a credit agreement and revolving line of credit note with Wells Fargo Bank, National Association, which provides a line of credit of up to $50 million…

Nike Releases Homage to Just Do It

Narrated by actor Bradley Cooper, Nike unveiled its new campaign, “Possibilities,” an homage to the 25th anniversary of ‘Just Do It.” The film begins with the line, “If you can run a mile, run a race, run a marathon, outrun a movie

Braven LLC Acquired by Incipio Technologies

Braven LLC, a Provo, UT startup that makes ruggedized portable Bluetooth speakers for outdoor adventurers, has been acquired by Incipio Technologies Inc., an Irvine, CA-based designer and manufacturer of mobile device accessories…

Billabong Refinancing Offer Undergoes Revision

US private equity groups Centerbridge and Oaktree are considering whether to make a last-minute bid for Billabong after a Takeovers Panel ruling opened the company up to rival takeover offers, according to a report by the Australian. The panel had forced

Tern Names New Canadian Distributor

Tern, the Taiwanese company that specializes in making folding bikes for urban transport, named Outdoor Gear Canada (OGC) as its exclusive distributor in Canada…

J.C. Penney Posts $586 Million Quarterly Loss

]C. Penney Company, Inc. reported sales of $2.66 billion in the second quarter compared to $3.02 billion in the fiscal second quarter of 2012. Comparable store sales declined 11.9 percent in the quarter, and were negatively impacted by the company's