Luxottica Group will acquire all of the outstanding shares of Oakley for a cash purchase price of $29.30 per share, together with the purchase of all outstanding options and other equity rights at the same price per share less the exercise price. The tota
Category: Outdoor
SSL Reports on Board Meeting; Adds New Members
Sports Specialists Limited approved new stockholders, record rebates, exciting and important initiatives, and ever increasing best practices at its June Board of Directors meeting. The specialty buying group added Geiger’s Ski & Sport Haus from Chagrin, O
Reef Launches Girls Swim, Sportswear and Footwear
Reef officially launched a collection of girls’ swim, sportswear and shoes. The surf brand's first head to toe program for girls will first hit retail in late 2007. It is Reef's first major category extension since the women’s sandal line debute
Base Camp Opens Utah Office
Base Camp Communications has a new office now open for business in Park City, Utah. When deciding to expand Base Camp Communications to Utah, director Mike Geraci considered the state’s strong adventure sports community, its natural playground, and its ed
Brown Shoe to Launch Two Brands in China
Brown Shoe Company, Inc. has entered into a joint venture with Hongguo International Holdings Limited (Hongguo), one of China's leading footwear companies, to begin marketing footwear in China. Over the next five years, the two companies expect to o
PPR Unlikely to Win Over Puma Shareholders with Takeover Offer
According to a report issued by PPR concerning its bid for all outstanding public shares of Puma, as of June 19, 2007
the offer has been accepted for approximately 2.75% of the Puma Shares and voting rights as well as to approximately 2.75% of the outstan
SGMA: Congress Continues PEP Support
According to The Sporting Goods Manufacturers Association, the U.S. Congress continued to support the Carol M. White Physical Education Program. The U.S. Department of Education awarded $44.5 million for 146 new PEP grants to schools and community based o
Chaco Named One of Colorado’s Best Companies to Work For
Chaco has been nominated as one of the Best Companies to Work for in Colorado for 2007, an established benchmarking tool for employers statewide which recognizes participants in two different categories: small/medium-sized companies (25-199 employees) and
nuun Hires Garratt as Sales and Marketing Director
nuun has hired Will Garratt — most recently of GU Sports — to direct the company’s sales and marketing efforts. Garratt’s experience in consumer products, including the sports nutrition products category, spans fifteen years, and includes strategic plann
The Nature Conservancy Purchases 161,000 Acres in the Adirondacks
The Nature Conservancy has purchased all 161,000 acres of Finch Paper Holdings' forestland in the Adirondacks. The transaction includes an historic 20-year Working Forest Agreement that will ensure a fiber supply to the Glens Falls mill and continue
Global Brands Named Licensing/Retail Partner for the PGA TOUR
Global Brands Group has been named international licensing representative and retail partner for the PGA TOUR throughout Europe, Asia (excluding Japan), Mexico and South America. Global Brands also selected XP Events to handle all on-site merchandise conc
Cabela’s Closes $60M Debt Offering
Cabela's Incorporated sold $60 million aggregate principal amount of its 6.08% senior notes due 2017 in a private placement to qualified institutional buyers. The company intends to use the proceeds from the offering for new retail store expansion, i
Lululemon to Offer 18.2M Shares
Lululemon Athletica Inc. in a filing with the Securities & Exchange Commission registered to sell 18.2 million in its initial public offering at prices between $10 and $12. The number of shares to be sold and the pricing range weren't included in a p
World Wrestling Inks Apparel Deal
World Wrestling Entertainment has reached licensing agreements with Hybrid Tees and Fifth Sun to sell WWE-branded apparel – traditionally sold primarily at WWE live events and online at WWEshop.com – into mass and mid-tier retailers as well as specialty
R.G. Barry Becomes Superga U.S. Footwear Licensee
R.G. Barry Corporation has entered into an agreement with BasicNet S.p.A. of Turin, Italy, through BasicNet’s U.S. affiliate, Basic Properties America, Inc., to become the exclusive licensee in the United States and, beginning in July 2008, in Canada for
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