New Balance Launches NB SparkStart

New Balance, Inc. and the New Balance Foundation launched NB SparkStart, a global initiative focused on improving the health, well-being and self-esteem of children through movement. The New Balance Foundation will provide $4 million in NB SparkStart gran

Gutermann Sold to PE Group

KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. (“A&E”) will acquire substantially all of Gutermann Holding SE's global industrial and consumer thread business…

Truetech to Be Acquired By UK Materials Technology Company

Luxfer Holdings PLC, a UK-based materials technology company, has agreed to acquire Truetech, Inc., a New York company that makes an extensive line of self-heating meals, beverages and soups used by military, emergency relief agencies and outdoor enthusia

Lululemon Launches Buy-back As Comps Decline Clouds Future

Lululemon Athletica Inc. announced a $475 million stock buyback last week to take the sting out of disappointing fiscal first quarter results, but some investors were not buying it. Pointing to a continuing decline in comparable store sales, analysts cont