STI International Inc. Names New President and CEO
STI International, the firearms maker, hired Greg Mooney as president and CEO. He formerly held executive positions at Benelli USA and Benchmade Knife Company…
Authentic Brands Group Acquires Collective Licensing International
Authentic Brands Group, LLC, the parent of Prince, Spyder and TapOut, has agreed to acquire certain assets of Collective Licensing International, LLC, including Airwalk, Hind, Vision Street Wear, and Above The Rim. Terms were not disclosed. Each brand wil
Luxfer Completes Acquisition of Truetech, Innotech
Luxfer Holdings PLC has completed the acquisition of Truetech Inc. and Innotech Products Ltd. for an estimated payment of $64 million. The companies produce magnesium-based heating pads for self-heating meals and beverages used by the military and outdoor
RECALL: 8,684 Capix Bike and Skate Helmets
FGL Sports of Canada is voluntarily recalling the Capix Evo and Capix Jr Evo Bike and Skateboard Helmets as a precautionary measure due to a potential safety concern…
Cabela’s Announces New Mobile Application
Cabela's Incorporated has launched a new mobile application for Android and iPhone…
June Golf Rounds Decline
According to Golf Datatech, golf rounds played in the U.S. during June were down 2.8 percent compared to June 2013. The biggest regional decline came in South Central, down 8.0 percent…
Iconix Sees Modest Q2 Sales Increase
Iconix Brand Group reported second quarter sales reached $118.9 million, a 3 percent increase as compared to approximately $115.1 million in the second quarter…
Mountain Shades Changes Name to Optic Nerve Eyewear
Mountain Shades, Inc., the eyewear maker behind Optic Nerve sunglasses and goggles, is rebranding the company as Optic Nerve Eyewear and will launch a new sub-brand of lower priced sunglasses at Outdoor Retailer next week…
Moody’s Upgrades Wolverine World Wide’s Debt Ratings
Moody's Investors Service upgraded Wolverine World Wide, Inc.'s corporate family rating to Ba2 from Ba3…
Dr. Martens to Sponsor Drowners Tour
Dr. Martens AirWair USA announced its first U.S. #STANDFORSOMETHING tour headlined by NYC indie rock band Drowners…
Big 5 Comps Decline in Second Quarter
Big 5 Sporting Goods Corporation reported declining demand for guns and ammo dragged its comp stores sales down 4.9 percent in the fiscal second quarter ended June 29. Earnings slumped 59.0 percent to $2.5 million, or 11 cents a share…
West Marine Unleashes Social Media Contest
West Marine announces its “Dog Days of Summer” social media contest…
NCAA Reaches Settlement Agreement in Concussion Lawsuit
The NCAA has reached a settlement with former athletes that will establish a new protocol for the management of concussions and also provide $75 million for medical monitoring and research…
Americas a Bright Spot for Puma Q2
Puma said sales of World Cup soccer boots and national team shirts as well as new Arsenal jerseys beat its internal targets. Other positive developments included a mid-single digit gain in the Americas region and a double-digit gain in apparel globally. O
Puma Q2 Profit Falls Less Than Anticipated
Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent