BDO Survey: Muted Expectations for Black Friday

Retailers expect solid but not stellar results for Black Friday and Cyber Monday. According to a recent BDO USA, LLP survey of 100 chief marketing officers at leading U.S. retailers, just 27 percent expect to see an increase in Black Friday sales, down fr

ERGObaby Acquires Orbit Baby, Inc for $17.5 Million

ERGObaby Carrier, Inc. has acquired Orbit Baby, Inc. for a purchase price of $17.5 million, according to Compass Diversified Holdings, Inc., which acquired controlling interest in ERGObaby in 2010. Orbit Baby makes car seats, strollers and bassinets that

Collective Brands Shows Steep Q3 Loss After Charges

Collective Brands Inc. reported a loss of $114.3 million, or $1.91 a share, in the third quarter after charges totaling $151.4 million for restructuring activities at its Payless division. Adjusted net earnings were $37.1 million, or 61 cents per share, s

RECALL: 220 Omni-Heat Batteries by Columbia Sportswear

Columbia Sportswear has recalled about 220 Omni-Heat Lithium-Polymer rechargeable batteries sold with three of its jackets due to a defect that can cause them to overheat and pose a fire hazard, according to the U.S. Consumer Product Safety Commission…

Budget Impasse Will Lead to 9 Percent Cut at National Parks

Failure of the congressional Super Committee to reach a budget deal could lead to a 9 percent across the board cut to the National Park Service that could have devastating impacts on local business and jobs, the National Parks Conservation Association ann

Italy’s Bailo and Vist Merge to Grow International Sales

Bailo SpA and Vist Srl of Italy have merged to create Nuovo Gruppo, which will continue to make outdoor apparel and ski gear. The combined company, which will offer both spring/summer and fall/winter product, expects to grow its sales to €36 million

Dreams Launches University of Louisville Online Fan Shop

Dreams, Inc. has partnered with the University of Louisville to re-launch the team's official Cardinal Authentic online store, shop.uoflsports.com. The partnership with Louisville marks Dreams' 74th web syndication client and its fourth alliance

Bear Mountain Valley Opens Backcountry Academy

Bear Mountain Valley in California has created an adventure academy that will offer multi-day trips in 300 acres of newly accessible backcountry. Winter options include skiing, snowboarding, cross-country and telemark skiing with hands-on workshops in ava

Nike Partnering with MIT

The MIT Leaders for Global Operations (MIT LGO) program has gotten a major boost to its roster of partner companies with the addition of three new firms — Beth Israel Deaconess Medical Center (BIDMC), Nike Inc., and Verizon Wireless — which will benefit

Lifetime Products Acquires Emotion Kayaks

Lifetime Products has acquired the assets of Pennsylvania-based Emotion Kayaks, adding the company’s kayaks to Lifetime’s extensive line of water sports products.
Thomas Strauss, president of Emotion Kayaks, will be joining the Lifetime team