Colt Defense LLC has lined up financing from secured lenders and some landlords and equity investors for a prepackaged Chapter 11 bankruptcy plan ahead of a potential default on a $10.9 million payment due bondholders June 15, but said its unsecured bondh
Category: Outdoor
Wilson Partners with FIBA
Wilson Sporting Goods Co., and FIBA, the International Basketball Federation, have entered into a four-year agreement for FIBA 3×3…
ABG and Global Brands Announce Licensing Agreement for Jones New York
Authentic Brands Group, LLC (ABG) and Global Brands Group Holding Limited jointly announced the signing of a long-term licensing agreement for Jones New York…
I1 Biometrics to Take Shockbox Helmet Sensor to Outdoor and Action Sports Markets
I1 Biometrics of Kirkland, WA plans to grow the Shockbox helmet sensor business it acquired last week by marketing it as a personal locator beacon to outdoor and action sports enthusiasts and their loved ones…
Zumiez Sees 12 Percent Q1 Earnings Gain
Zumiez Inc. reported sales in the first quarter increased 9.0 percent to $177.6 million from $162.9 million in the first quarter. Comparable sales for the thirteen weeks ended May 2, 2015 increased 3.0 percent compared to a comparable sales increase of 1.
Bolt Threads Raises $32.3 Million to Commercialize Engineered Silk
Bolt Threads, the Emeryville, CA startup that hired former Nau and Patagonia textile guru Jamie Bainbridge, has raised $32.3 million in Series B funding to commercialize its engineered silk technology…
Recent Precipitation Lifts Rafts Along Colorado River System
Western River Expeditions reports that late spring snow pack and rains have drastically improved the outlook for this season's rafting business along the Colorado River System…
Black Diamond Boardroom Downsizes
Black Diamond Inc. disclosed that CEO in waiting Zeena Freeman resigned from the company June 3 due to its decision earlier this year to consider selling off its brands. It also disclosed that CEO Peter Metcalf resigned from the company's board of di
Fleet Feet Sports Columbus Owner To Acquire FrontRunner
Fleet Feet Sports announced that Tim Flahaven, owner of the Columbus, Ohio, Fleet Feet Sports franchise, will acquire FrontRunner, a running retailer with two locations in Columbus…
Nike Appoints Coca-Cola Exec as CIO
Nike, Inc. appointed Jim Scholefield as its chief information officer. Scholefield most recently served as chief technology officer for The Coca-Cola Company…
Delta Apparel Resumes Stock Repurchases
Delta Apparel, Inc. is resuming the open market repurchase of its stock pursuant to the stock repurchase program previously authorized by the company's board of directors…
Nike Defends Alberto Salazar
Nike defended Nike Oregon Project head coach Alberto Salazar and 2012 Olympic 10,000m silver medalist Galen Rupp over allegations of doping. In a statement, Nike said, “We take the allegations very seriously as Nike does not condone the use of performance
G-III Apparel’s Fan Apparel Delivers Strong Year
G-III Apparel Group reported earnings rose 70.2 percent in its fourth quarter ended Jan. 31, to $22.2 million, or 96 cents a share. Revenue grew 8.8 percent to $514.3 million…
Academy Sports + Outdoors Searching for Next CEO
Academy Sports + Outdoors revealed it has begun planning for the succession of its president and CEO, Rodney Faldyn. While Faldyn has not decided on a specific timeline for his exit, Academy has nonetheless initiated a succession planning process to ensur
Kettler Files for Bankruptcy
Kettler, based in Germany's and best known for its Kettcar carts for kids, has filed for insolvency. It also makes leisure and sports equipment ranging from ping pong tables to patio furniture, children's swing sets and exercise bicycles…
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