Smith and Wesson Acquires USR
Smith & Wesson Holding Corporation has entered into a definitive agreement to acquire Universal Safety Response, Inc., a privately held, full-service security systems solutions provider, for up to 9.7 million shares of common stock and up to $26.2 million
Active Ride Shop Sees Surprise Buyer Emerges Winner in Auction
A Florida real estate and hotel developer with a background in the garment industry became the surprising winning bidder in a bankruptcy auction for Active Ride Shop, beating out Zumiez and three other bids in the process. Issa Ladha's Lifestyle USA’
Diadora America President Sees Positives in Parent Company Acquisition
Diadora SpA last week reached an agreement to be acquired by Geox SpA's founder and chairman Mario Moretti Polegato through his family's investment arm, Lir. Speaking to Sports Executive Weekly, Bill Nuttall, president of Diadora America, said t
Eddie Bauer Files for Chapter 11 Protection; Prepares for Sale
Eddie Bauer Holdings Inc. filed for Chapter 11 bankruptcy protection last Wednesday as part of a proposed sale to affiliates of CCMP Capital Advisors LLC. The deal is expected to be worth $202 million in cash with working capital and similar adjustments
Accell Group Expands in Finland with Hellberg Acquisition
Accell Group N.V., which consists of bicycle brands such as Batavus, Ghost, Hercules, Sparta and more, has reached an agreement to acquire all shares in Raul Hellberg Oy and affiliated companies…
The BPA Debate Continues
Confusion continues to swirl over the danger – or lack thereof – of products containing BPA, or Bisphenol A. A survey recently released by the Statistical Assessment Service (STATS) at George Mason University found that media reports of alleged health ris
REI Foundation Funds Two Key Programs
The REI Foundation recently made two large donations funding key programs in wilderness recreation and wildlife education. The foundation gave $110,000 to The National Audubon Society to help fund a program to study its existing offerings and community co
NRA Cites GOA Report; Provides Analysis
The U.S. Government Accountability Office (GAO) released a report recently entitled, “Firearms Trafficking: U.S. Efforts to Combat Arms Trafficking to Mexico Face Planning and Coordination Challenges.” According to a release by the National Rifle Associat
Nfinity to Sponsor PrepVolleyball
Nfinity, the woman’s team footwear company, has signed a multi-year partnership with PrepVolleyball, the a resource site for high school and club girls volleyball. Nfinity will be the title sponsor of the Top 50 Recruits, the College Need List, and the Co
Ripken Baseball and Rawlings Partner on Training Products
Rawlings has partnered with Ripken Baseball to create a new line of training products for youth baseball players. Rawlings’ new “Five Tool” training products will include hurdles, pop-up nets and tees to be used for baseball tournaments and camps at the R
KARHU Partners with University of Jyväskylä on Research
KARHU has formed a new partnership with University of Jyvaskyla (UoJ), Finland’s leading sports and fitness research institute, to further study the biomechanics and physiology of runners. The two have worked together for more than two decades. One result
Columbia Sportswear Plans Second Twin Cities Store
Columbia Sportswear Co. plans to open a second Twin Cities location. The company, which opened a store at Mall of America last November, has signed a lease for an 11,000-square-foot space at 3016 Hennepin Ave. in Minneapolis’ Uptown neighborhood. The sto
NSGA: Used Golf Equipment Purchases Lag in 2008
Consumers spent less on used golf equipment in 2008, according to new data reported in NSGA's “Purchases of Used Sporting Goods Equipment in 2008.” The two primary categories of golf equipment, clubs in sets and individual clubs, both show declines i
Fire Destroys Adidas Factory in India
An Adidas factory in Gurgaon, India was gutted in a fire on Tuesday, according to www.thaindian.com. There were no casualties…
Sturm, Ruger to Join Russell 3000 Index
Sturm, Ruger & Company, Inc. will join the Russell 3000® Index when Russell Investments reconstitutes its U.S. and global equity indexes on June 26, according to a preliminary list of additions published on June 12…
