GoPro Closes IPO
GoPro, Inc. closed its initial public offering of Class A common stock Tuesday after underwriters fully exercized their option to purchase 2,670,000 additional shares. All told, GoPro sold 8,900,000 shares through the IPO, while selling stockholders sold
Li and Fung Directors Clear July 7 Spin Off of Global Brands Group to Shareholders
Li & Fung Limited's board of directors gave the go ahead Tuesday to spin off the company's brand licensing and management business, which controls the Spyder and Frye brands, to shareholders…
Sport Chalet to be Acquired by Versa Capital
Vestis Retail Group, LLC, which is owned by funds advised by Versa Capital Management, LLC (Versa) and comprises Bob's Stores and Eastern Mountain Sports (EMS), signed a definitive agreement to acquire Sport Chalet, Inc. Under the terms of the agreem
Adidas Lifts Ban on Amazon, EBay Sales to Close German Anti-trust Investigation
Adidas has abandoned its ban on the sale of its products on third party marketplace sites like Amazon and EBay in Germany to comply with the country’s anti-trust laws, German regulators said Wednesday…
Slumberjack Pivots Toward Hunting Market
Slumberjack has launched a new line of hunting products under the name SJK Tactical Hunting and redesigned its website to reflect its growing emphasis on hunting…
Ani-Logics Chooses Mike Wieck Sales
Ani-Logics Outdoors, a whitetail deer health and nutrition company headquartered in Worthington, Minnesota has chosen Mike Wieck Sales to represent its line of deer supplements and minerals for all the MWS covered territories…
Chicago City Council Votes to Allow Gun Stores…Kind of
Last week the Chicago City Council voted unanimously to pass an ordinance that would allow gun sales to take place in the city…
West Coast Ports to Stay Open as Long as ILWU Talks Continue
Operations at 29 west coast ports will continue past Monday’s regardless of whether terminal operators and the International Longshore and Warehouse Union (ILWU) reach an agreement to extend their contract, spokesmen for both sides told media last w
The Finish Line Hits Its Stride With Impressive Fiscal Q1 Results
The Finish Line, Inc. reported net sales grew 15.8 percent to $406.5 million in the fiscal first quarter ended May 31, 2014, when comparable store sales increased 5.0 percent. On a GAAP basis, diluted earnings per share more than doubled to 25 cents from
Federal Report Overplayed Economic Impact of Commercial Fishing
After significant objection from the recreational fishing and boating community, the National Marine Fisheries Service (NMFS) has taken steps to correct a key fisheries economics report that misleadingly indicated that the domestic commercial fishing indu
WTB President Hosts Romanian Officials on Dutch Bike Tour
Wilderness Trail Bikes (WTB) President Patrick Seidler recently co-hosted a delegation of Romanian officials on a guided bicycle tour of Delft, The Netherlands with Romania's largest bicycle manufacturer. The trip included a briefing on how Romania c
Glasstream PowerBoats Acquires New Facility
Glasstream Powerboats announces that it has acquired a manufacturing facility in Dothan, Ala. to build its performance center console boats…
NSSF Issues Combined Economic Shooing and Hunting Report
The National Shooting Sports Foundation (NSSF) has issued the “Economic Impact of Hunting and Target Shooting in America,” that shows significant statistics including that the spending by America's sportsmen and women results in a total impact of $11
NFL, Players Amend Concussion Settlement
The National Football League and counsel for the retired player plaintiffs announced a revised settlement agreement in the NFL concussion litigation pending in the U.S. District Court for the Eastern District of Pennsylvania. In the revised agreement the
OIWC Bike Industry Award Nominations Due Monday
OIWC reminds members of the bike industry that nominations for its Pioneering Woman and First Ascent Awards for the Bike Industry are due Monday…