Pearl iZumi to be Sold to Shimano

Nautilus, Inc. has agreed to sell its Pearl iZumi apparel and footwear segment to Shimano American Corporation, a division of Shimano, Inc. The transaction value of $69.5 million is comprised of $65.3 million in cash and the assumption of $4.2 million in

H20 Audio Adds Laird Hamilton to Board

H2O Audio has added Laird Hamilton to its Board of Directors. As a member of the Board, Hamilton will be strategically guiding the company with marketing its brand and developing its next generation of surf/music products…

Maverick Taps Former Ellsworth Manager

The founders of mountain bike maker Maverick LLC have hired David Wisenteiner as VP to improve dealer support so the duo can continue focusing on design. Maverick said Wisenteiner was instrumental in improving sales, marketing and customer service at Ells

Steve Madden’s Profits Tumble 53.2%

Steven Madden, Ltd. reported Q4 earnings decreased 53.2% to $4.7 million, or 23 cents a share, from $10 million, or 45 cents, a year ago. Sales slid to $102.7 million from $114.1 million, reflecting the weak economic environment as well as the absence of

Reebok Launches Freestyle Campaign

Following the Freestyle's 25th anniversary last year, Reebok has launched a campaign around the brand inspired by six fashion-forward cities and “six authentic, aspirational women.” The campaign will reach London, Madrid, New Delhi, New York, Paris a

Crocs Nearly Doubles Q4 Sales

Crocs, Inc. nearly doubled its sales in the fourth quarter, thanks to very strong international sales and despite having to resort to air freight to meet demand for its Mammoth shoes. The company said it experienced better than expected sell through of it

Teva Renews Commitment to Mountain Games

Teva signed a five-year title sponsorship deal for the Mountain Games, the largest outdoor adventure sports festival, that extends its sponsorship through 2012. SoBe, Bear Naked Trail Mix and Pabst Blue Ribbon have also joined to sponsor the 2008 Mountain

Lululemon’s Michael Tattersfield Resigns

Lululemon Athletica Inc announced that Michael Tattersfield has resigned as EVP, Retail Logistics and Sourcing due to personal and family reasons. Effective immediately, sourcing, production and logistics will report directly to Robert Meers, CEO of Lulul

Invista to Boost RandD at Ontario Nylon Plant

INVISTA is investing in a multi-million-dollar R&D pilot facility at its Kingston, Ontario, nylon manufacturing facility. The lab will focus on nylon 6,6 and other modified nylon proudcts and support INVISTA’s growth initiatives in North America, Europe a