VF Corp. Partners in Bid for Billabong
VF Corp. revealed last week that it has partnered with Altamont Capital Partners to explore a bid for Billabong International Ltd. The two submitted a buyout offer for Billabong that values the Australian surf company at about $1.16 a share, or $556 milli
Season-to-Date Skier Visits Off 11.5 Percent in Colorado
Colorado Ski Country USA (CSCUSA) reported today that total skier visits at its 21 member resorts decreased 11.5 percent during the first period of the 2012/13 ski season, defined as opening day through Dec. 31, 2012, compared to the same period last year
Asics to Sponsor French Athletics Federation
Asics agreed to a four-year sponsorship and kit supply deal with the French Athletics Federation (FFA). Asics replaces Adidas as the apparel partner of the FFA…
Skratch Labs Hires Jay Perry as Director of Sales
Skratch Labs has hired industry veteran Jay Peery as director of sales, where he will manage and direct global sales efforts for the year old company…
GSI Fourth Quarter Revenues Climb 10 Percent
EBay Inc. reported revenues at its GSI segment, which operates the online stores of Eastern Mountain Sports, SportChek, Sports Authority and several professional sports leagues, increased 10 percent in the fourth quarter, to $398 million, driven primarily
Lululemon to Alter Holiday Pricing in Nod to Changing Consumer Behavior
While it successfully maintained its premium brand pricing through the holidays, Lululemon Athletica Inc. will shift its pricing strategy in the upcoming holiday season in response to U.S. consumers’ increasing expectation of discounts, the company&
Solomon to Use Amer Sports Walk to Ride Binding Technology
Salomon said it will launch product using parent company Amer Sports' WTR (Walk to Ride) binding technology in Fall/Winter 2013. Amer Sports recently finalized a common agreement to license WTR technology to the Rossignol group starting in fall 2013.
K-Swiss to Be Acquired by South Korea’s E.Land
K-Swiss Inc. reached an agreement to be acquired by South Korea's E.Land World Ltd. for $4.75 per share in cash, or a total equity value of approximately $170 million. Steven Nichols, K-Swiss' chairman and president, said he believes E.Land “wil
Obama Proposes Sweeping Gun Control Measures
President Obama on Wednesday outlined a broad proposal around gun control, imploring Congress to ban the sale of military-style assault weapons and to institute universal background checks for all gun buyers. Obama’s recommendations came from a task
Hoka One One Appoints Southeast Rep
Venture Sports has been named the agency of record for Hoka One One, the over-sized athletic footwear brand. The rep group will focus on independent outdoor and run specialty retail distribution channels…
W. L. Gore Named a Top U.S. Workplace
W. L. Gore & Associates has once again earned a spot on Fortune magazine’s annual list of the 100 Best Companies to Work for in America. The company is ranked No. 21…
Little Hotties Warmers to Provide Hand Warmers for Presidential Inauguration
Little Hotties Warmers will be donating 500 hand warmers to the Tuskegee Airmen attending President Obama’s inauguration as VIP guests. The Tuskegee Airmen were the first African-American military…
Deuter Expands Snowsports Pack Line
Deuter USA announces the expansion of their snowsports and alpine categories with five new backpacks and accessories…
Ex-Oakley CEO Teams with Altamont Capital on Billabong Bid
Altamont Capital Partners has tapped David Scott Olivet, former CEO of Oakley Inc., to join its 526.8 million Australian dollar (US$555.8 million) combo-bid with VF Corp. for Billabong International Ltd…
Adidas Partners with NBA London Live
The NBA and Adidas have expanded their relationship to make the league’s official global uniform and apparel provider the presenting partner of NBA London Live 2013. The Detroit Pistons face the New York Knicks in the O2 Arena on Thursday, Jan. 17..
