RYU Apparel Announces Private Placement
RYU Apparel Inc. announced a private placement consisting of 6 million units at a price of $0.25 each for gross proceeds of $1.5 million…
True Fitness Acquires Paramount Fitness
True Fitness Technology Inc., based in O'Fallon, MO, has acquired Los Angeles-based Paramount Fitness…
Quiksilver Financing Package Approved by Bankruptcy Judge
Quiksilver Inc. announced that the United States Bankruptcy Court for the District of Delaware approved the full amount of its $175 million debtor-in-possession (DIP) financing package provided by affiliates of Oaktree Capital Management, L.P. and Bank of
Garmin Cuts Full-Year Guidance on Pricing Pressures
Garmin Ltd., in its second downward revision of the year, trimmed its EPS and revenue outlook for the year due to pricing pressures and foreign currency headwinds. Revenue targets were also lowered for its fitness, outdoor and aviation segments…
Nike Doubles Down on Innovation
Nike Inc., at its first investor meeting in two years, set an ambitious growth target to reach sales of $50 billion by 2020. Particularly strong growth was predicted for its women’s business, running, Jordan Brand and e-commerce. Said Mark Parker, N
Finish Line Launches #FNLRunsSF for Nike Women’s Half Marathon
The Finish Line, Inc. has launched a campaign, titled “#FNLRunsSF,” focused on the needs of female customers surrounding the Nike Women’s Half Marathon San Francisco on Oct. 18…
Nike Opens East Los Angeles Community Store
Nike has opened Nike East Los, its latest Community Store, located at Whittier (on the Latino Walk of Fame) and S. McDonnell Avenue…
PSG Acquires Q30 Sports License
Performance Sports Group Ltd. acquired a worldwide license from Q30 Sports, LLC to use its patent and technology assets in the development of products intended to address mild traumatic brain injury (mTBI) in sports and athletic activities…
Keen’s RV Wraps Summer Tour, Plans for 2016
Keen Inc collected more than 30,000 petition signatures and rallied support from more than 40 local businesses this summer during a 7,500-mile road trip that culminated in a reception on Capitol Hill to rally support for…
Climbing Wall Association Offers New Certificate Program
The Climbing Wall Association (CWA) has launched a training program for gym owners and employees designed in conjunction with Petzl Technical Institute to reduce the risk of at-height accidents and injuries…
REI Adventures Signature Camp Vacations Adds 8 New Parks
REI Adventures, an award-winning leader in worldwide guided active adventure programs since 1987, expands its Signature Camp destinations….
WFSGI Names New Chair of CISO
The World Federation of the Sporting Goods Industry (WFSGI) announced that Marc Pinsard, deputy senior general manager global brand marketing division, Asics, has been appointed new chairperson for the WFSGI CISO (Committee on International Sports Organiz
Jarden Corp to Acquire Jostens, Sees Synergies with Rawlings
Jarden Corporation agreed to acquire Jostens Inc., which sells yearbooks, class and championship rings for students and professional athletes, for approximately $1.5 billion. Jarden plans to fold Jostens into its Outdoor Solutions segment and exploit syne
White Sierra Adopts CenterStone’s B2B Platform
White Sierra, the family-owned, fashion, performance and adventure clothing brand, and CenterStone Technologies, the leader in B2B e-commerce sales tools for the active, outdoor markets, announce their collaboration making White Sierra available on the Ce
New Balance Signs Sprinter Trayvon Bromel
New Balance signed 100-meter IAAF World Championship bronze medalist, Trayvon Bromell, to a multi-year endorsement contract. Bromell, a junior at Baylor University…
