SGB Outdoor

Vista Outdoors Spin-Off Still On

Alliant Techsystems Inc. is moving ahead with plans to spin off its Sporting Group business, which includes Bushnell Optics, as Vista Outdoors. ATK had put the deal on hold pending a review of its proposed merger with Orbital Sciences Corp. following the

GoPro to Raise $100 Million in Secondary Offering

GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti

TJX Companies Strong Q3 Marred by Currency Outlook

The TJX Companies Inc. reported margin improvement and same store sales growth in the third quarter ended Nov. 1, but lowered its earnings guidance for the fourth quarter and full fiscal year due to different than anticipated effects from currency exchan

Ameritex Fabric Doubles Midwest Facilities

Ameritex Fabric Systems, a member of the Taylor Made Group and a supplier of engineered canvas enclosures, tops and covers for OEM boat builders, is expanding its Indiana facility to better serve the large number of pontoon and sport boat manufacturers in

Sporting Goods Store Sales Up Strongly in October

Retail sales of sporting goods in October increased 1.2 percent seasonally adjusted month-to-month, or significantly faster than overall retail sales, according to an analysis of government data by the National Retail Federation…

GoLite Enters Liquidation

GoLite LLC began liquidating Friday after no bidders emerged to buy the company as a going concern. Hilco Merchant Resources LLC, which served as the company's stalking horse bidder, kicked off going-out-of-business sales at GoLite's six remaini

Clif Bar’s Decision to Drop B.A.S.E. Jumpers Spurs Debate

Clif Bar reinvigorated an industry debate about how brands should approach sponsoring athletes who participate in high-risk activities when Outside magazine reported it dropped five climbers from its athlete roster because they appeared in a film particip

GearUp to Distribute Figo Bike Rack

GearUp, Inc. has obtained the exclusive marketing and distribution rights to the new Cool Bike Rack bicycle storage system for the US marketplace through an agreement with Peruzzo s.r.l. of Rossano Veneto, Italy…

Notogroup Survey Reviews Hiring Trends

Notogroup Executive Search reports that its annual survey of executives in the U.S. consumer product industry shows its becoming more difficult to fill executive and product positions as the job market heats up…

Li-Ning’s Interim CEO Steps Down

Li-Ning Co. Ltd. said Jin-goon Kim had stepped down as interim chief executive and that founder Li Ning would take over daily operations. The move was made to “facilitate a smooth transition to the new chief executive officer,” who is expected to be named