Johnson Outdoors Shifts to Cash Flow-based Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new cash-flow based loan agreement with significantly fewer financial covenants and simplified reporting requirements compared to the company's previous asset-based revolving credit
Cabela’s Plans to Add 1M S.F. of Retail Space a Year from 2014-17
Cabela’s Inc. told analysts at Imperial Capital Global Opportunities Tele-Conference last week that it can roll out 1 million new square feet of new retail space a year from 2014 to 2017 without degrading its customer experience…
Johnson Outdoors Replaces Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new streamlined capital structure that it expects will reduce annual borrowing costs.
Reebok Partners with Les Mills
Reebok and fitness programmer, Les Mills, have announced a new partnership. To mark their alliance, a short film – ‘Revolution’ – which celebrates the evolution of studio fitness, is being released…
Roland Auschel Appointed to the Executive Board of Adidas AG
The Supervisory Board of Adidas AG appointed Roland Auschel to the executive board of Adidas AG, effective October 1. Roland Auschel, currently chief sales officer multichannel markets, will assume responsibility for global sales on a board level. In addi
Jack Wolfskin Appoints New Footwear Director
Jack Wolfskin appoined Markus Baum as its footwear director. He succeeds Jochen Rolle, who has been responsible for the German outdoor company's footwear line the last 11 years and who is leaving Jack Wolfskin for personal reasons. Markus Baum was pr
Dicks SG To Open Second Field and Stream in Kentucky
Field & Stream, operated by Dick's Sporting Goods, is planning on opening its second store this November in Crescent Springs, KY…
Billabong Choose Refinancing Partners, Names Fiske CEO
Billabong International Limited entered into binding refinancing agreements with affiliates of Centerbridge Partners, L.P. and Oaktree Capital Management, L.P. (C/O Consortium) that calls for the Australian action sports company to hire former Eddie Bauer
Russell Brands Launches ‘Russell’ Collection at Walmart
Russell Brands, LLC, announced that its new performance men's collection, Russell, will launch at Walmart stores nationwide and online at Walmart.com. The Russell line includes 50 performance items for men including tops such as fleece hoodies, bott
Sherpa Adventure Gear Adds Reps
Sherpa Adventure Gear has added two new sales teams to represent its growing outdoor apparel brand in the Southeast and Upper Midwest territories…
Cat Footwear Signs Alexi Panos and Tennille Amor as Earthmovers
Cat Footwear announced the latest additions to their Earthmovers Campaign: Alexi Panos and Tennille Amor, the co-founders of E.P.I.C., a non-profit organization standing for “Everyday People Initiating Change.”..
Tern Completes $4.3 Million Investment Round
Tern, the folding bike brand based in Taipei, Taiwan, announced that it has closed a US$4.3 million round of investment from private investors. The funds will be used to accelerate global expansion as well as to ramp up investments in product development.
Pendleton Woolen Mills Hires Meriwether Group
Pendleton Woolen Mills has hired Meriwether Group, a brand consulting firm and advisor. Meriwether is expected to explore new paths for growth for Pendleton within the U.S. and beyond, while preserving its celebrated American spirit and commitment to Oreg
Patagonia Adds Worn Wear Sections to Four Stores
Patagonia Inc. has expanded its sale of used Patagonia clothing from a trial in its Porland, OR store to full- blown “Worn Wear” sections within its stores in Portland, Seattle; Palo Alto and Chicago (Lincoln Park)…
Austin Canoe and Kayak Leases 30,000-s.f. to Consolidate Operations
Austin Canoe and Kayak (ACK) has leased a new 30,000-square-foot warehouse to consolidate its two warehouses and all support functions. The transition is set to begin in October and be completed in time for the holiday season.
