Deckers to Acquire Ahnu
Deckers Outdoor Corp has entered into a definitive agreement to acquire outdoor footwear brand, Ahnu. Jim Van Dine, Ahnu's president and founder, is staying on. Following the closing, Ahnu will continue to operate out of Alameda, CA, for the near ter
Spyder’s de Witte Adds President-Europe to Role
Spyder’s EVP of Global Sales, Cees de Witte, has accepted the position of President Spyder-Europe in addition to his EVP role. He will relocate to Switzerland to lead the Spyder global sales force and subsidiary brand Cloudveil’s sales outside of North Am
Quiksilver Cuts Executive Salaries
Quiksilver Inc. has approved a 5% cut to the annual base salaries of some top executives as part of its cost-cutting efforts, according to a Securities & Exchange Commission filing…
Report: VF Looking at DC Shoes
According to published reports, VF Corp. is rumored to be near a deal to acquire DC Shoes, a division of Quiksilver Inc. The Orange County Business Journal cited rumors that Quiksilver “could sell part or all of the company to a larger competitor are circ
RECALL: Saris Stationary Bicycle Trainers
Saris Cycling Group of Madison, WI, is voluntarily recalling certain models of stationary bicycle trainers, under an agreement with the U.S. Consumer Product Safety Commission. The trainers are a frame that converts regular bikes into stationary bicycles.
Chicago Cubs Sue Under Armour Over Sponsorship
The Chicago Cubs have sued Under Armour for allegedly reneging on a five-year, $10.8 million sponsorship contract to have its logo displayed on the outfield doors in left- and right-center fields. Under Armour disputes the suit, claiming the agreement was
Finish Line Raises Over $1MM for Youth Foundation
The Finish Line, Inc. reached a new record by raising $1,164,329 for the Finish Line Youth Foundation (FLYF) during its holiday campaign held in stores nationwide and online. From November 7 though December 31, Finish Line customers were invited to “Celeb
The Athlete’s Foot Launches Email Fan Club
The Athlete's Foot (TAF) recently launched an email fan club at www.theathletesfoot.com as part of its re-branding initiative. The opt-in program provides members with everything from product and company news to member exclusives, in-store discounts
Orange 21 Launches $7.6M Rights Offering
Orange 21 Inc., which owns the Spy Optic line of sunglasses and goggles, has launched a $7.6 million rights offering pursuant to which holders of its common stock, options and warrants, will be entitled to purchase additional shares of its common stock at
Reebok Looks to Close UK Offices in Bolton
Adidas announced plans to close Reebok's UK headquarter in the city of Bolton, affecting 160 jobs. According to published reports in the UK, the move would end a 116-year association for the brand with the town…
Yakima Adds Two New U.S. Distributors
Yakima named two new distributors, The Hawley Company, a bicycle parts and accessories distributor in Lexington, SC and Liberty Mountain, an outdoor distributor of over 600 brands of gear and accessories based in Salt Lake City, Utah. These new distributo
REI Earns Best Company to Work For Recognition
Recreational Equipment, Inc. (REI) announced that it ranked number 12 on FORTUNE magazine’s 2009 list of “100 Best Companies to Work For.” REI is one of five organizations to be recognized on the list each year since its inception…
W. L. Gore Earns Workplace Recognition
W. L. Gore & Associates, Inc., announced it has earned a position on FORTUNE magazine's annual list of the “100 Best Companies to Work For” for the 12th consecutive year. Gore is ranked No. 15…
Riddell Sponsors USA Football
Riddell has become the official football helmet and protective equipment partner for USA Football, the sport's national governing body on youth and amateur levels, and its 2009 Junior National Team. The three-year partnership (through 2011) with USA
GU Energy Labs and Carmichael Training Systems Partner Up
GU Energy Labs and Carmichael Training Systems announced a new partnership beginning in January 2009. Under the terms of the multi-year agreement, GU will become the Official Nutrition Supplier for Chris Carmichael and Carmichael Training Systems, the coa