Five Snowboarders Perish in Colorado Avalanche

Five snowboarders were killed in Colorado Saturday by an avalanche while participating in a fundraising event for the Colorado Avalanche Information Center in what The Denver Post called the state’s deadliest avalanche in 50 years. The accident near

Dick Cabela to Transition to Chairman Emeritus June 5

Cabela's Incorporated Co-founder and Chairman Richard N. Cabela will transition to the role of chairman emeritus effective June 5, 2013, the date of Cabela’s 2013 annual shareholders' meeting. His brother, James W. Cabela, Cabela’s v

Vail Resorts Reports Higher Winter Retail/Rental Revenues

Vail Resorts, Inc. reported that preliminary estimates indicate that its retail/rental revenue increased 8.9 percent for the season-to-date period ended April 14 compared with the comparable period a year earlier. The number reflects sales and ski rentals

Goal Zero, Keen and SmartWool Back Mud Race Series

Competitor Group, Inc. (CGI) announced that Goal Zero, Keen and SmartWool have signed on as official sponsors of the REI Muddy Buddy Adventure Series benefiting the Prostate Cancer Foundation. The series will take place in nine U.S. cities in 2013…

New Balance Donates $1M to One Fund Boston

New Balance Athletic Shoe Inc. made a $1 million donation to One Fund Boston to aid those most affected by the tragic events that occurred at the Boston Marathon. With this donation New Balance’s contribution is in support of the innocent victims of

Fenway Partners Hires Bankers to Sell Easton-Bell Sports

Fenway Partners LLC has hired an investment bank to help it sell Easton-Bell Sports, according to a Reuters report and a banking source reached by Sports Executive Weekly. The report follows Easton-Bell's first loss in six years, the resignation of i

Under Armour Lifts FY Guidance After Robust Q1

Under Armour, Inc. reported revenues increased 23 percent in the first quarter of 2013. Apparel revenues jumped 22 while footwear advanced 27 percent. Earnings were down due to the timing of marketing investments but came in ahead of Wall Street's ta

Puma Appoints Björn Gulden as New CEO

Puma SE appointed Björn Gulden (47) as its new chief executive officer (CEO), effective July 1. He succeeds Franz Koch, who left the company at the end of March. Gulden has been CEO of Danish jewellery brand Pandora since the beginning of 2012. Previousl