Simpson Performance Sold to PE Firm
Bruckmann, Rosser, Sherrill & Co. acquired Simpson Performance Products Inc., an American motorsports parts supplier, from Carousel Capital and other stockholders. Financial terms weren’t announced…
Street League Skateboarding Partners with Skatepark of Tampa
Street League Skateboarding (SLS) and Skatepark of Tampa (SPoT) entered a long-term partnership to create a global feeder system for the SLS Nike SB World Tour…
Wearable Device Shipments to Reach 187 Million Units Annually by 2020
According to a new report from Tractica, the global wearable devices market will grow from 17.0 million device shipments in 2013 to 187.2 million units annually by 2020, representing a compound annual growth rate (CAGR) of 34 percent…
USC Gamecocks Football Team to Use I1 Biometrics Vector Mouthguard
I1 Biometrics said University of South Carolina football players will wear its Vector MouthGuard starting this spring to monitor head impacts…
RSG Acquires Two Striders Stores in Utah
The Running Specialty Group (RSG) has added Utah-based Striders running company, consisting of two locations, to its national network of elite shops…
Moody’s Cuts Sports Authority Debt Rating Due to Risk of Default
Moody's, the credit rating agency, lowered its rating on The Sports Authority's debt deeper into junk bond status and warned the chain could be less than a year away from defaulting on a $300 million loan…
Adidas Initiates Search for New CEO
Adidas confirmed that it has begun a formal search to replace its long-time and embattled CEO Herbert Hainer…
Sports Direct Sees Modest Sales Growth in Q3
Sports Direct International, the UK's leading sports retailer, reported sales for its quarter ended Jan. 25 grew 2.6 percent to £771.0 million ($1.19 bn). Gross margins improved to 45.0 percent from 42.9 percent…
Decathlon France’s New CEO Starts March 1
Decathlon France, which generated about $4.5 billion in sales in 2013, has announced that Nicolas Pelletier will replace departing CEO Stéphane Saigre March 1, when he rejoins the sporting goods retailer's Starboard brand…
NuVinci Cycling Doubling Production to Meet eBike Demand
NuVinci Cycling is doubling the production capacity for its continuously variable N360 bicycle transmission to meet strong demand from Europe's eBike manufacturers…
POC to Supply Second UCI Team with Cycling Gear
POC will be the official helmet, eyewear and apparel sponsor for the German UCI Continental Team Stölting, which is based in Germany…
Off-course Golf Retailing Consolidating Fast
The off-course golf retailing business consolidated significantly in 2014 following the acquisition of Edwin Watts and a slow down in golf participation and sales that has rocked Adidas, Dick's Sporting Goods and other major players, according to a b
Pery Ellis Expects Port Disruptions to Lower Q4 Sales by Nearly 10 Percent
Perry Ellis International Inc. told investors Tuesday that disruption at West Coast ports cost it $23 million in revenues in the fourth quarter…
Cascade and Maverik Partner with Penn State Men’s Lacrosse
Cascade and Maverik Lacrosse are now the official equipment supplier for the Penn State University men's lacrosse program. Penn State will continue to…
Under Armour Partners with Muhammad Ali
Under Armour and Authentic Brands Group, LLC (ABG) announced a multi-year Muhammad Ali brand partnership. Under Armour will utilize the iconic imagery, video, and quotes from the Muhammad Ali archive to form the basis of a comprehensive, global brand inte
