VF Corporation completed its $396 million acquisition of Vans, Inc. last week and promptly announced the departure of the father-son team that has steered the course of the brand during the ups and downs of the skateboard trend. Chairman Walter Schoenfel
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Danner Lands Another Military Deal…
LaCrosse Footwear has taken a military order for $5.0 million for its Desert Acadia boot under the Danner brand. This is the second large military order the company has received in the last year. The last order, placed in December, totaled $4.9 million
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
Blumenthal Leaves IMBA for Bikes Belong
Tim Blumenthal, executive director of the International Mountain Bicycling Association (IMBA), has been picked from a pool of more than 500 applicants to lead The Bikes Belong Coalition. Bikes Belong is the industry trade group dedicated to putting more p
VF Corp. Completes Vans Deal; Murray Named President
VF Corporation has completed its merger between Vans and a subsidiary of VF for a total purchase price of $396 million including the cashout of stock options. As Vans is now a wholly-owned subsidiary of VF and each outstanding share of Vans stock has bee
Deckers Named to FSB Top 100 List
Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in the Ju
Deckers Gets Fortune Small Business Accolades
Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business (FSB) magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in t
SGMA: Basketball Most Played Organized Sport
Courts, diamonds and fields. Those are the three most popular destinations for Americans of all ages with an interest in playing organized sports. According to SGMA International's recent analysis of the Superstudy® of Sports P
Watershed Partners with Granger’s
Watershed USA has formed a new division with a wholly owned subsidiary, doing business as Axis Outdoor. Axis Outdoor will be responsible for the distribution, marketing, and brand management of the product side of Watershed’s business. Watershed USA will
Nike Has a Good Day, But Great Quarter and Year…
“It is a good day today.” That statement by Charlie Denson, co-president of Nike Brand, in his prepared remarks on Thursday evening probably best summed up the upbeat mood on the Nike campus after releasing their most recent fiscal year-end and fourth q
Stride Rite Q2 Reverses Poor Q1 Trends; Keds Still a Drag on Business…
Any thoughts that new Keds president Shawn Neville will have much of a honeymoon when he joins Stride Rite Corporation on July 7 were quickly dashed last week as the company pointed to the troubled division as a key culprit in the company’s anemic results
Collegiate Expands Team in Dixie Deal…
After establishing a foothold in the Midwest team dealer market in April with the acquisition of Kesslers Team Sports, the country’s largest team dealer at the time, it only made sense for Collegiate Pacific to turn their attention to the other regions of
Shine Latest to Get Lighter Sentencing in JFF Case…
Tom Shine, the former president of Logo Athletic and currently SVP of Sports and Entertainment Marketing worldwide for Reebok International Ltd., was sentenced on Thursday in the ongoing fraud probe surrounding the collapse of Just for Feet…
Momentum Builds on OIA Political Moves
The OIA voiced its support for the Americans Outdoors Act that will be introduced to lawmakers this week. The act is designed to get more Americans outdoors and promote a healthy lifestyle by providing more opportunities to recreate. The Americans Outdoor
Cybex Lands Lower Cost Financing
Cybex has received a commitment from GMAC Commercial Finance to provide a term facility of up to $13,000,000, the proceeds of which will be used to repay higher cost real estate and term loans. If and when completed, the GMAC commitment to finance is expe