MusclePharm Q2 Revenue Dips $10 Million from Bad SKUs
MusclePharm Corporation, a U.S. nutritional supplements company based out of Denver, reported net revenue decreased $10 million, or 23 percent.
Teens Found Sports Recovery Company Kram Wellness
Kram Wellness, founded in 2014 by a team of teenagers and their parents, has come to market with their first official product they’re calling Flexfit.
Under Armour Manager Receives SFIA Scholarship
SFIA acknowledged Kelly Becker, Ursinus College grad and current manager of innovation partnerships for Under Armour, as a recipient of the 2016 SFIA Future Industry Leaders Scholarship.
Nike Presents Film Featuring USA Basketball
Nike, Inc. (NKE) released a new film, “Unlimited Together,” that captures the strength of unity and the power of team for USA Basketball.
Zappos.com Partners to Improve Pay for Track & Field Athletes
Zappos.com partnered with elite runner Nick Symmonds and Brooks Running to bring awareness to fair pay to sponsored athletes.
KT Tape Sponsoring 14 Olympic and Paralympic Athletes
KT Health, which does business as KT Tape, has sent 14 Olympic and Paralympic athletes, representing nine different sports, to the 2016 Olympic Games in Rio de Janeiro.
5.11 Tactical Charges Forward With Consumer Expansion
The soon-to-be-acquired company generates enough cash to grow its emerging U.S. retail business and pay a dividend to Compass Diversified Holdings Inc.
North Castle Partners Closes on $300 Million Fund
North Castle Partners, a private equity firm that owns Performance Bicycle and Ibex and recently invested in Ignite USA, closed its sixth fund, at $300 million.
Skullcandy Sinks into Red on Acquisition, Bankruptcy Charges
Domestic business rebounds, but global sales lag. Soon-to-be owner lifts acquisition bid to ward off competition. Shareholders set to vote by August 17.
Gaia Sees Q2 Loss Post-Gaiam Sale
Gaia, Inc., formerly Gaiam, Inc., reported a loss in its first period since selling off its Gaiam fitness products business, but did see healthy subscriber growth for its remaining health and wellness media properties.
Dive Unit, Tents Obscure Growth at Johnson Outdoors
Johnson Outdoors Inc. reported flat sales in its fiscal third quarter, ended July 1, as its dive segment, tents sold to large retailers and currency exchange rates dragged down growth and profits compared with a year earlier.
Skullcandy Logs Q2 Loss
Skullcandy Inc. reported a loss of $1.6 million, or 5 cents a share, in its second quarter ended June 30, impacted by costs related to its sale process, litigation, and customer bankruptcies.
Anta Sports Selects US Anti-microbial Vendor
Noble Biomaterials Inc. established a strategic alliance with Anta Sports Products Limited, China’s largest sportswear brand, based in Fujian.
Inside Vail’s Strategy To Acquire Whistler Blackcomb
A deeper look at the deal — plus the numerous other ski-resort acquisitions Vail has been making throughout the past few years — reveals a broad and complex strategy rooted in consumer data, marketing and geographic positioning.
American Bicycle Group Moves To Larger Headquarters
American Bicycle Group (ABG), manufacturer of Litespeed (LS) and Quintana Roo (QR) bicycles, recently moved into a newly refurbished, larger building in Chattanooga, TN.
