Sequential in Talks to Acquire Galaxy, Owner of AND1 and Avia
Sequential Brands Group Inc. is in negotiations to acquire Galaxy Holdings, which owns the AND1 basketball, Avia athletic and Nevados hiking footwear brands, according to a report by The Wall Street Journal…
PrimaLoft Sponsors Outsiders Ball
PrimaLoft Inc. has signed on as Platinum Level Sponsor of the Outsiders Ball, which raises support for 100 non-profit projects across the country aimed at…
HanesBrands to Acquire DBApparel
HanesBrands intends to acquire DBApparel of France from Sun Capital Partners, Inc., provided consultation with European and French works councils representing DBA employees is completed and customary closing conditions are met. DBA is a leading marketer o
Four Winns, Glastron, Wellcraft and Scarab Acquired
Four Winns, Glastron, Wellcraft and Scarab have been acquired from Platinum Equity Group by the Beneteau Group of France…
Cabela’s Dramatically Increases Credit Facility
Cabela's Inc. increased its credit facility by 87 percent to $775 million and extended it for another five years. The retailer can increase the facility up to $800 million if certain conditions are met…
SFIA Concerned of Potential West Coast Port Strike’s Impact on Members
The current Collective Bargaining Agreement between the Pacific Maritime Association (29 west coast ports) and the International Longshoreman's Workers Union (20,000 workers) expires on June 30. If the ongoing negotiations do not yield a new agreemen
Lole Opens Store in Manhattan
Lole, the Montreal-based women's fitness fashion brand, recently opened a store in New York City, its second in the U.S. The store is located in the SoHo district on Mercer St…
Sequential Brands Agrees to Acquire Galaxy For $100 Million Plus Stock and Warrants
Sequential Brands Group, Inc. has signed a definitive agreement to acquire Galaxy Brand Holdings, Inc., which owns the fitness brand Avia, basketball brand AND1 and outdoor brand Nevados for $100 million in cash, 13.75 million shares of common stock of th
Consumer Confidence Continues Ascent in June
The Conference Board Consumer Confidence Index, which had increased in May, improved again in June. The Index now stands at 85.2 (1985=100), up from 82.2 in May. The Present Situation Index increased to 85.1 from 80.3, while the Expectations Index rose to
Adidas Tops Major Sports Brands in Interbrand’s Green Rankings
Adidas ranked 8th on Interbrand’s annual list of the top 50 Global Green Brands report. That's up from 14 in 2013. Nike ranked at 29, an improvement from 31 in 2013…
Adidas Set to Reach Soccer Sales Goal on World Cup Boost
At a football media event in Herzogenaurach on Tuesday, Herbert Hainer, Adidas Group CEO, said that with successful results so far after the first twelve days of the 2014 FIFA World Cup, Adidas would reach its target of €2 billion ($2.72 billion) of
US Customs Issues Guidance Ahead of Possible West Coast Strike
U.S. Customs and Border Protection (CBP) Cargo Systems Messaging Service has issued guidelines for shippers in the event of a West Coast port strike or work slowdown…
Outtech Team Continues to Grow
Outtech Inc. is a national outdoor industry sales and marketing firm with a portfolio of brand leaders across the categories they represent…
Moon Shine Grows Lifestyle CamoTeam
Moon Shine, LP, designer of Moon Shine attitude attire and Moon Shine camo announces the addition of product development specialist, Dani Edwards…
RECALL: Tern Folding Bicycles
Stile Products is recalling 670 Tern Folding Bicycles. The bike’s frame can crack at the hinge on the top tube, posing a fall hazard…
