Colt Files for Bankruptcy, Plans Sale

Colt Defense LLC, filed for Chapter 11 bankruptcy protection after failing to win the support of bondholders for a debt-restructuring agreement. The 179-year-old firearms manufacturer famous for making “the gun that won the west,” has secured

Alpha 6 Distributions Expands Sales Force

Alpha 6 Distributions, which designs, manufactures and distributes value-priced outerwear, has added Judi and Rick Tice, Brian Rice and Kevin Hobday to its team of sales representatives…

SFIA: Wholesale Shipments Surpass $84 Billion

Wholesale shipments of sports and fitness products increased by 3.5 percent in 2014, propelling the industry to total sales exceeding $84.2 billion, according to the latest State of the Industry Report…

NBDA’s Clements to Step Down

The National Bicycle Dealers Association announced that long-time executive director Fred Clements will be stepping down in the next few months…

Fitbit Prices IPO Above Range

Fitbit priced its initial public offering at $20 a share on Wednesday, a dollar above its already heightened price range of $17 to $19 a share. The price values Fitbit at $4.1 billion…