Sport Chalet, Inc. Signs New Expanded Senior Credit Facility
Sport Chalet, Inc. announced today that it has signed a new expanded senior credit facility with its existing lender, Bank of America, N.A. The new senior credit facility expands total availability to $70 million from $40 million and expires in June 2012.
Cramer Products Acquires Active Ankle
Cramer Products Inc. has acquired Active Ankle Systems Inc. of Louisville, Ky. Terms were not disclosed. Active Ankle is a manufacturer of ankle braces used by professional and amateur athletes of all ages. For the present, Active Ankle will continue to o
Sun Capital Breaking up Kellwood…
Sun Capital Partners Inc. is in the process of stripping American Recreation Products Inc. away from Kellwood Co. as part of a plan to uncover value by untangling Kellwood’s disparate businesses, The BOSS Report has confirmed. A private equity firm, Sun C
Weak Dollar Spurs Garmont to Acquire U.S. Distributor…
Italy’s Garmont srl has become the third major European ski, mountaineering and telemark vendor to split with its North American distributor in recent years. Garmont has bought the 50% of Garmont NA, Inc. it did not own from partners John Schweizer and Bi
Puma Extends Agreement with Dobotex for Socks Outside U.S.
Puma has extended a long-term licensing contract for socks by PUMA with Dutch company Dobotex, the current manufacturer of PUMA socks, as of January 1, 2009. The new licensing deal excludes the United States. In addition, PUMA and Dobotex signed a new lic
Under Armour Taps Lands’ End Exec as New Prez…
Under Armour, Inc. appointed David McCreight, formerly president of Sears Holdings’ Lands’ End to the position of president. McCreight will report directly to Kevin Plank, who will continue in his role as CEO and chairman of the board of directors…
adidas Opens Largest Brand Store in Beijing…
On July 5, adidas opened its largest Brand Center worldwide in Beijing, China. The facility will offer products from both adidas divisions – Sport Performance and Sport Style. One of the highlights of the new adidas Brand Center is miCoach Core Skills, an
Sun Capital Breaking up Kellwood…
Sun Capital Partners Inc. is in the process of stripping American Recreation Products Inc. away from Kellwood Co. as part of a plan to uncover value by untangling Kellwood’s disparate businesses, SEW has confirmed. A private equity firm, Sun Capital paid
Textile Import Growth Slows…
U.S. imports of textiles and clothing grew by only 1.8% in 2007 following a 2.6% increase in 2006 and double-digit growth in seven of the nine years between 1996 and 2005, according to a recently published report by Research and Markets of Ireland.
Study Sees Outdoor Retailers Outshine Full Line Competition in 2008 ‘How America Shops’ Report…
A recent study conducted by The SportsOneSource Group designed to assess the current buying habits of the American public found that price has become the number one motivating factor in determining where to shop for sporting goods or athletic footwear and
Asics Launches Music Promotion
Asics America Corp recently launched a digital music card promotion to build brand awareness among teenage athletes. Promotional Currency, a marketing strategies firm that specializes in innovative digital entertainment promotions, recently teamed with Ir
European Vendors Push EC for VAT Relief
A coalition of European bicycling organizations is petitioning the European Commission to reduce permanently the VAT rate for all bicycle products and services, arguing Europe should encourage more bicycle use to address economic, environmental and health
Garmont Buys Out U.S. Distributor
Italy’s Garmont srl has become the third major European ski, mountaineering and telemark vendor to split with its North American distributor in recent years. Garmont has bought the 50% of Garmont NA, Inc. it did not own from partners John Schweizer and Bi
adidas to Open World’s Largest adidas Brand Center in Beijing
On July 5, adidas will open its largest Brand Center worldwide in Beijing. The center will be the first to offer products from both adidas divisions-Sport Peformance and Sport Style. The facility will feature an interactive coaching technology and an 
AORE Show Scholarship Applications Due Aug. 22
The Association of Outdoor Recreation and Education will take applications for a scholarship to attend its annual conference until Aug. 22. The AORE Conference 2008 will take place in San Diego from Oct. 30 to Nov. 1.
