Affliction Holdings, LLC, together with its affiliated brands and companies has been recapitalized by an investor group led by New Evolution Ventures, LLC (NeV) and Bob Meers, previously the CEO of Reebok and Lululemon Athletica. In a simultaneous closing
Category: Outdoor
Wigwam Partners with Competitor Group for 2012
Wigwam, the performance sock company, announced a new partnership with the The Competitor Group (CGI) involving the Rock n' Roll Marathon Series…
Brute Wrestling Launches New Footwear Line
Brute Wrestling officially announced their return as a major manufacturer and supplier of wrestling footwear. The initial footwear launch will include the Inception and Xplode, which solidifies Brute as a wrestling company that provides head-to-toe needs.
Derrick Rose Inks Longterm Deal With Adidas
Adidas has extended its endorsement deal with the Chicago Bulls ’ Derrick Rose in a deal that could land the reigning NBA most valuable player more than $200 million over the next 13 years, Yahoo! Sports reports…
Keen Buys Portland Building to Build New Headquarters
Keen has purchased a building at the Corner of 13th & Glisan in Portland, OR that will serve as its new headquarters. This move expresses Keen’s commitment to the future of Portland and the city’s importance as a catalyst for hybrid innovation
Collective Brands Sees Wider Q4 Loss, Improving Payless Business
Collective Brands Inc. reported that its loss in the fourth quarter swelled to $41.6 million, or 69 cents a share from a loss of $10.1 million, or 16 cents, a year ago. Net sales for the quarter were $815.9 million and adjusted net sales were $802.0 milli
Big 5 Reports Small Loss in Q4
Big 5 Sporting Goods reported a net loss for the fourth quarter of fiscal 2011 of $9,000, or 0 cents a share, including the non-cash impairment charge of 5 cents per diluted share related to certain underperforming stores. Merchandise margins were hurt by
Bogs, Rafters Power Sales Growth at Weyco Group
Weyco Group, Inc. reported that its purchase of the parent company of Bogs and Rafters footwear boosted its net sales to $75 million in the fourth quarter ended Dec. 31, up 20 percent compared to fourth quarter 2010 sales of $62 million…
Skechers Foundation Donates More Than $480,000 to Children with Special Needs
The Skechers Foundation, an organization that was founded to provide families around the world with the necessities and skills to succeed in life, celebrated its most impactful Skechers Pier to Pier Friendship Walk by donating $209,000 to the Friendship C
Summit Sports Appoints General Manager, Retail Stores
Summit Sports, Inc., a Bloomfield Hills-based outdoor recreation and sports retailer, has announced that Trey Rouss has been named general manager for retail stores. The announcement was made by Steve Kopitz, company “Ski-E-O” and president…
Primaloft Operating Income Grew Twice as Fast as Sales in 2011
Primaloft’s net sales reached $27.4 million in 2011, up 17.8 percent from 2010, Albany International reported in its 2011 annual report. The increase came on top of 22 percent growth in 2010…
Converse to Sponsor The Fader Fort
Converse Inc. has signed on as presenting sponsor for the Fader Fort, the 4-day, live-music showcase that's part of the 2012 SXSW Music and Media Conference in Austin, TX…
River Sports Outfitters to Help Power Knoxville Adventure Center
The City of Knoxville, TN launched Outdoor Knoxville, a three-pronged initiative to capitalize on the exceptional outdoor recreational assets found in and around Knoxville. The initiative includes a new Adventure Center that will be run in part by outdoor
New Balance Launches First U.K TV Campaign
New Balance plans to launch its first ever U.K. television campaign this April, according to MarketingWeek. The campaign will mark the brand's 30th year of manufacturing at its factory in Flimby, Cumbria, and will feature 100 athletes from the county
GoalRilla Introduces Training Equipment
GoalRilla, best known for its basketball equipment and part of Escalade Inc., has come out with a line of training equipment…
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