Crocs Renegotiates Credit Line
Crocs, Inc. entered into an amendment to its amended and restated credit agreement, expanding the existing $70M line of credit set to expire in December 2016 with a five year $100M revolving line of credit, which includes a 50 basis point reduction in int
Phil Knight Donates $1125MM to Cardiovascular Health
The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me
SFIA Appoints New Director of Marketing/Communications
The Sports & Fitness Industry Association (SFIA), formerly known as SGMA, has promoted VJ Mayor to director of marketing and communications. He replaces Mike May, who will remain as director of the Don’t Take My Bat Away (DTMBA) coalition in additio
Aldila Signs Merger Agreement with Mitsubishi Rayon America
Aldila has agreed to be acquired by Mitsubishi Rayon America, Inc. for $4.00 per share in cash, or $22 million, representing a 60 percent premium over what the company's shares were trading for Dec. 3. Aldila makes carbon fiber shafts and other compo
Perry Ellis to Pay Special Dividend
Perry Ellis International has declared a special cash dividend of $1.00 per share, to be paid to shareholders of record as of the close of business Dec. 21, 2012 and payable on Dec. 28, 2012…
Lululemon Founder Helps Fund Design School
Lululemon Athletica founder Chip Wilson is helping fund a $36-million school of design focusing on high-tech clothing at Canada's Kwantlen Polytechnic University…
Delta Galil Acquires LittleMissMatched
Delta Galil, the manufacturer of branded and private label apparel products, has agreed to acquire the trademarks of LittleMissMatched, best known for its sock line for girls…
Columbia Sponsors Russian Freestyle Ski Team
Columbia Sportswear added Russia as the third world-class freestyle ski team it will sponsor during the 2012-13 World Cup season and through the 2014 Olympics. Columbia signed the Canadian team in 2008 and the U.S. in 2011…
Outdoor Research Employee Spearheads Hurricane Relief Effort
Outdoor Research has committed more than $64,000 in aid to support victims of Hurricane Sandy thanks the efforts of a single employee…
Ortovox Recall Does Not Affect Beacons Sold in North America
Ortovox said that a recall of its Ortobox 3+ beacon does not affect Ortovox 3+ avalanche beacons available at and shipping to retailers in North America…
Mountain Chalet Owner Don’s Vintage Patagonia Outfit to Win $5,000 Grant
Mountain Chalet in Colorado Springs, CO has won $5,000 environmental grant from Patagonia after its owner donned the most impressive vintage Patagonia clothing at contest last month during the Grassroots Outdoor Alliance (Grassroots) annual Fall Show…
New Balance to Enter Skate Market
New Balance announced it will enter the skate footwear market through a licensing agreement with Black Box Distribution of Carlsbad, CA. Black Box will produce the new line of performance footwear and apparel under the New Balance Numeric, or NB#, brand..
Nike Seeks Tax Guarantees as Part of Oregon Expansion
Nike Inc. has told Oregon lawmakers it is willing to invest billions of dollars to create hundreds of jobs in the state if they can guarantee they wont change the state tax code. The request prompted Oregon Gov. John Kitzhaber to call a special session De
Famous Footwear Seeking Holiday Guinness World Record
Famous Footwear launched a new campaign, Voices of Victory. The Facebook app gives Facebook fans the opportunity to customize a free singing holiday greeting card to share with friends and family. Participants will also help Famous Footwear attempt to rea
Reebok Eliminates 65 Jobs At Canton HQs, 150 Worldwide
Reebok International Ltd. said last week it was eliminating about 65 positions at its Canton, MA headquarters as part of a global reduction of 150 jobs…
