Globalstar, Inc, which owns the Spot family of satellite messenger devices, entered into a forbearance agreement with the holders of approximately 78 percent of its 5.75 percent Convertible Senior notes due 2028…
Category: Footwear
Vail Resorts Reveals Summer Infrastructure Plan for Breckenridge
Vail Resorts, Inc. has proposed adding 15 miles of mountain biking trails, zip lines, challenge courses and other outdoor recreational amenities at its Breckenridge Ski Resort. The company sumbitted a similar proposal for Vail Mountain in July 2012 follow
Brooklyn Cruiser Reaches Out to Immigrant Women in Queens
Brooklyn Cruiser, which makes urban bikes, is partnering with WE Bike NYC, a program that gets women biking through free social rides, bicycle mechanics classes and training rides to put bikes into the hands of immigrants women in Queens…
Easton-Bell Names UK Distributor for Cycling Brands
Easton-Bell Sports has appointed Zyro Limited (Yorkshire, UK) as its exclusive UK distributor for the company’s Giro, Bell, Blackburn, and Easton Cycling brands. Zyro, the largest privately owned cycling parts and accessories distributor in the UK a
RECALL: 2,500 Bell Sports Full Throttle BMX Helmets
Bell Sports Inc. of Scotts Valey, CA is recalling about 2,500 BMX helmets sold exclusively by ToysRUs because the buckle on the helmet’s safety strap can release in an accident and allow the helmet to fall off the rider, posing a risk of head injury
Sequential Brands Posts Q4 Loss on Charges
Sequential Brands Group, the parent of DVS Action Sports and Heelys, reported total revenue from continuing operations for the fourth quarter ended Dec. 31, was approximately $1.8 million, as compared to approximately $0.4 million, in the prior year quart
Newton Running Sets Boston Marathon Marketing Blitz
In April, Newton Running is again bringing its “Hello Better” brand message to the Boston Marathon. During marathon week, the running brand will be unleashing a guerrilla marketing campaign that employs a combination of on-site events, social
Absence of Snow, New Team Specs Cause Easton-Bell Q4 Sales to Shrink
Easton-Bell Sports, Inc. reported its first loss in six years in 2012 as tough comps and disappointing winter weather in the fourth quarter offset gains made in the prior nine months. Net sales of Easton-, Bell-, Giro- and Riddell-branded products reached
Senate Overwhelmingly Favors Marketplace Fairness Act
Seventy-five U.S. Senators showed their support for the Marketplace Fairness Act of 2013, which would allow states to require out-of-state online and catalog retailers to collect sales taxes on sales within their jurisdiction. An amendment summarizing the
PVH’s Heritage Unit Ekes Out Modest Q4 Gains
PVH Corp. reported total revenue for the Heritage Brands business, which includes Speedo and Izod, decreased 2 percent in the fourth quarter to $427.7 million. The decline reflected a $30 million, or 7 percent, negative impact related to the exit from the
Finish Line Stabilizes in Q4, Bullish on Macy’s
The Finish Line reported a slight decline in fourth quarter earnings on flat comps, in line with guidance. But shares still climbed as results indicated that revenues had stabilized following a surprising third-quarter dud. Management was also enthused ab
Speedo Signs Cullen Jones
Speedo USA, a division of PVH Corp., announced that 29-year-old swim star Cullen Jones has signed a multi-year agreement with the company through 2017. A two-time Olympian…
DuPont Drops Trademark Suit Against Easton-Bell
DuPont Co. dropped a federal lawsuit filed in Late January accusing sports equipment maker Easton-Bell Sports of misusing the Kevlar trademark in packaging for bicycle tires and locks, the Associated Press reported…
RECALL: 2,000 WRSI Whitewater Helmets
WRSI (Whitewater Technology Associates, LC, dba Whitewater Research & Safety Institute (WRSI), of Park City, Utah) is recalling about 2,000 whitewater and rafting helmets sold in the United States and Canada because the chinstrap buckle can fail, posing a
Teva Introduces Limited-Edition Offering
Teva, a division of Deckers Outdoor Corporation, will debut a new limited-edition offering of its iconic sport sandals throughout the spring and summer of 2013…
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