Report: Toms for Sale

According to the Financial Times, Toms has hired bankers to explore a sale. The L.A.-based ethical label could fetch as much as $600 million, sources told the newspaper…

Implus Adds FitDeck to Fitness Line-Up

Implus has acquired FitDeck, Inc., a company that creates custom decks of playing cards – delivered in both physical and digital formats – that make exercise more simple, convenient and fun. The acquisition comes as Implus continues to expand its current

Sportsman’s Warehouse Beats Plan Despite Q1 Loss

In its first report since going public in late April, Sportsman's Warehouse Holdings Inc. reported a loss due to an expected sharp decline in firearms and ammunition sales. On a conference call with analysts, John Schaefer, Sportsman's Warehouse

Lululemon CFO to Retire

Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…

Lululemon Cuts 2014 Guidance as Sales Weaken

Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b

Saucony Launches 500 Mile Challenge

Saucony, in collaboration with DailyMile, Inc. and RunBlogRun, announced the launch of the Saucony 500 Mile Challenge.com high school cross country training program.vA new digital training initiative, the Saucony 500 Mile Challenge.com leverages a smartph

FootBalance’s CEO Exits

The board of FootBalance has appointed CFO Klaus Rauhansalo as acting CEO from the beginning of June. FootBalance´s current President and CEO Tom Jungell has made a decision to move on to new challenges…

Colorado Ski Visits Set Record in 2013/14 Season

Skier visits to Colorado's mountain resorts hit a record 12.6 million in the 2013/14 season, according to estimates released Thursday by Colorado Ski Country USA (CSCUSA). The organization estimates ski visits were up more than 10 percent compared t