American Apparel Acquired By Endeavor Acquisition Corp.
American Apparel Inc. and Endeavor Acquisition Corp. have signed a definitive merger agreement in which Endeavor will acquire American Apparel and its affiliated subsidiaries for up to 32,258,065 shares of restricted Endeavor stock. Endeavor will also ass
Reebok Inks Licensin Deal for Play-doh Sneakers
Hasbro, Inc. has signed a deal with REEBOK International to manufacture the Versaflex PLAY-DOH collection of toddler footwear with PLAY-DOH compound inspired gel-cushioning material built into the heel. PLAY-DOH is under license from HPG, the licensing ar
Golf Galaxy Q3 Sales Gain Slowed by Acquisition Costs
Golf Galaxy, Inc. saw net sales increase 45.1% in the third quarter to $46.1 million from $31.8 million for the same period of the prior fiscal year. Comparable store sales increased 3.8% for the quarter on top of a 6.7% increase in the year-ago period. T
American Skiing Co to Sell Steamboat to Intrawest
American Skiing Company has entered into a definitive agreement to sell Steamboat Ski & Resort Corporation, in Steamboat Springs, Colorado, to Steamboat Acquisition Corporation, an affiliate of Intrawest ULC, for $265 million. The announced sale follows t
MacGregor Names Director of Tour Operations
MacGregor Golf has hired Michael Biviano as Director of Tour Operations. Biviano will be responsible for all initiatives relating to the PGA Tour and will report directly to Blake Schneider, Director of Strategic Projects, MacGregor Golf…
Mizuno USA Adds VP of Supply Chain
Saadi Majzoub has joined Mizuno USA, Inc. as the company’s new Vice President of Supply Chain. With over 16 years of supply chain management with global companies such as Adidas, UPS, and KPMG, Majzoub will oversee Mizuno USA’s supply chain and distribut
Nike Adds Four to VP Ranks…
As it typically tends to do, Nike, Inc. has promoted several members of its ranks to VP status. In total, four team members have been promoted with focuses ranging from marketing to finance…
OIA Lands Tariff Reduction on Footwear
OIA has achieved two major trade victories. The House and Senate passed trade legislation containing several OIA-crafted provisions that would eliminate import tariffs on certain kinds of athletic footwear, primarily waterproof-breathable boots and shoes.
K2 Sports and Flow End Hiback Dispute…
Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain. A c
SnowSports Footwear Tariffs Reduced in Final Congressional Session of Year…
The closing of the last Congress session of the year worked out well for companies in the outdoor and snow sports markets with Congress passing a number of industry friendly measures. The SIA, in particular, with the help of its law firm of record, DLA P
OBIT: Lamar Hunt
Lamar Hunt, founder of the Kansas City Chiefs, as well as one of the founders of the American Football League and among the leaders of the AFL-NFL merger, passed away Wednesday evening December 13 at the age of 74. Hunt is also credited with coining the t
Vendors and Retailers Were Firing on All Cylinders in the Third Quarter…
Early cool weather helped the pace of sales and profit growth during the third quarter for Bicycle, Outdoor, and SnowSports vendors and retailers alike. With rising average selling prices and strong early sell-through delivering double-digit sales growth
K2 and Flow End Binding Dispute…
Flow International and K2 Sports have resolved their binding patent dispute. The center of the conflict revolved around Flow’s hiback bindings that allow a rider to slide a boot into a cloth strap, then flip up the back and carve down the mountain….
Veltec to Distribute Colnago in North America
Veltec Sports will become the exclusive North American distributor for Colnago bikes and framesets, effective December 23rd. This arrangement comes after the end of an eight year partnership between Colnage and its previous distributor Trialtir…
Under Armour Partners with Baseball Factory
Under Armour, Inc. has entered a multi-year partnership with the Baseball Factory, a player development program for top high-school baseball athletes across the country. Under Armour will outfit the players from head-to-toe and serve as the title sponsor
