Brooks and Competitor Group Extend Partnership
Competitor Group, Inc. (CGI) and Brooks Running Company announced a sponsorship extension through 2020. The continued partnership, which began in 2010, designates Brooks as the official running footwear, apparel and sports bra of the Rock ‘n’
Backcountry.com Sales Up 6.0 Percent in Second Quarter
Backcountry.com lost $4 million on sales of $105 million in the second quarter ended June 30, 2015, compared with a loss of $3 million on sales of $99 million in the second quarter of 2014, according to financial information released by its former parent
Fox Factory Reports Rebound in Mountain Biking Sales
Fox Factory Holding Corp. reported its sales of bicycle components grew 23.9 percent in the second quarter primarily due to the addition of Race Face/Easton Cycling, but also because growth resumed at its legacy cycling business, which makes forks and rea
Compass Diversified Net Income Up Sharply in Second Quarter
Compass Diversified Holdings Inc. (CODI), which buys and sells middle-market companies, reported net income more than doubled in the second quarter thanks in large part to its investments in outdoor product companies such as…
Adidas Acquires Runtastic App
Adidas AG has acquired all outstanding shares of Runtastic GmbH in a transaction that assigns an enterprise value of €220 million to the Austrian fitness app company…
Kids Foot Locker Campaign Stars Rob Gronkowski
Kids Foot Locker debuted “Grown-ups,” a new spot featuring star tight end Rob Gronkowski. The national television campaign supports…
GetOutfitted.com and Oru Kayak Launch National Kayak Rental Service
Oru Kayak has partnered the outdoor gear rental firm GetOutfitted to launch the first national kayak rental program that delivers foldable kayaks to consumers' doorsteps for a convenient, affordable experience outdoors…
OIA Elects 2015-16 Board of Directors
Outdoor Industry Association (OIA) announced its newly elected 2015-2016 board of directors Wednesday following its annual board meeting on the eve of Outdoor Retailer Summer Market. The board also selected Gordon Seabury, CEO of Toad&Co, as chair and nam
Alibaba Taps Goldman Sachs Exec as New President
Alibaba Group appointment investment banker and Olympic gold medalist Michael Evans as its president effective Aug. 4 in a bid to become a global retailer…
Pearl Izumi Donates Coffee Sales to Kids Running America
Pearl Izumi, the maker of ride, run and triathlon apparel and footwear, will donate $8.00 from every bag sold of their Runner’s High coffee to Kids Running America…
Vista Outdoor Closes CamelBak Deal, Plans $300 MM Debt Sale
Vista Outdoor Inc. completed its $412.5 million acquisition of CamelBak Products Inc. Monday and said it plans to sell $300 million in unsecured debt to qualified investors to repay a portion of its existing indebtedness and for general corporate purpose
New Balance Affiliate, PE Firm Acquire Rockport
Berkshire Partners LLC and the investment arm of New Balance acquired The Rockport Company (TRC) from the Adidas Group and will combine it with the Cobb Hill, Aravon and Dunham brands to form The Rockport Group…
Sequential Brands Sees Robust Q2 Sales Gains
Sequential Brands Group, the parent of Avia, And1 and Heelys, reported sales grew 189 percent in the second quarter to $20.2 million compared to $7.0 million in the prior year quarter…
GO Sport Group Comps up 5.3 Percent in First Half
GO Sport Group, a French sporting goods retailer with more than 300 outlets, saw comparable-store sales grow 5.3 percent in currency-neutral terms in the six months ended June 30…
Crocs Q2 Earnings Slump
Crocs Inc. reported second-quarter earnings fell 50.4 percent to $9.7 million, or 11 cents a share. Revenues on a currency-neutral basis in the period ended June 30 slipped 1.1 percent…
