Garmin’s President to Replace Founder Kao in CEO Post
Garmin Ltd.'s board of directors appointed President and COO Clifton Pemble to succeed President, CEO and Co-Founder Dr. Min Kao effective Jan. 2, 2013…
Sports Direct’s Revenues Jump in First Half
Sports Direct, the U.K. sporting goods chain reported underlying profit before tax increased 26.4 percent in the half ended Oct. 28, to £125.1 million ($203 million). Group revenue jumped 22.5 percent to £1.09 billion ($1.76 billion) with significant grow
Puma’s CEO to Step Down
The Administrative Board of Puma SE announced that, by mutual agreement, Franz Koch will step down from his position as CEO of Puma at the end of March 2013. Along with the resignation as chairman in early December of former long-time CEO Jochen Zeitz, Pu
Brian Anderson Named CEO of Madd Gear
Madd Gear, the action sports brand, named Brian Anderson to the newly created role of president and CEO of Madd Gear Americas…
Phil Knight Donates $1125MM to Cardiovascular Health
The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me
Delta Galil Acquires LittleMissMatched
Delta Galil, the manufacturer of branded and private label apparel products, has agreed to acquire the trademarks of LittleMissMatched, best known for its sock line for girls…
Vans Appoints VP of Apparel
Vans appointed Vicki Redding as VP, apparel. Most recently, Redding was SVP, merchandise and design for La Jolla Group, directing the apparel, accessories and footwear business for five different brands including O’Neill, Metal Mulisha, The Berrics,
Outdoor Research Employee Spearheads Hurricane Relief Effort
Outdoor Research has committed more than $64,000 in aid to support victims of Hurricane Sandy thanks the efforts of a single employee…
Ortovox Recall Does Not Affect Beacons Sold in North America
Ortovox said that a recall of its Ortobox 3+ beacon does not affect Ortovox 3+ avalanche beacons available at and shipping to retailers in North America…
Mountain Chalet Owner Don’s Vintage Patagonia Outfit to Win $5,000 Grant
Mountain Chalet in Colorado Springs, CO has won $5,000 environmental grant from Patagonia after its owner donned the most impressive vintage Patagonia clothing at contest last month during the Grassroots Outdoor Alliance (Grassroots) annual Fall Show…
New Balance to Enter Skate Market
New Balance announced it will enter the skate footwear market through a licensing agreement with Black Box Distribution of Carlsbad, CA. Black Box will produce the new line of performance footwear and apparel under the New Balance Numeric, or NB#, brand..
Nike Seeks Tax Guarantees as Part of Oregon Expansion
Nike Inc. has told Oregon lawmakers it is willing to invest billions of dollars to create hundreds of jobs in the state if they can guarantee they wont change the state tax code. The request prompted Oregon Gov. John Kitzhaber to call a special session De
Aldila Signs Merger Agreement with Mitsubishi Rayon America
Aldila has agreed to be acquired by Mitsubishi Rayon America, Inc. for $4.00 per share in cash, or $22 million, representing a 60 percent premium over what the company's shares were trading for Dec. 3. Aldila makes carbon fiber shafts and other compo
Reebok Eliminates 65 Jobs At Canton HQs, 150 Worldwide
Reebok International Ltd. said last week it was eliminating about 65 positions at its Canton, MA headquarters as part of a global reduction of 150 jobs…
Warming Winters Cost Tourism Industry $1 Billion in 2000s
The $12.2 tourism industry that caters to skiers, snowboarders and snowmobilers has lost $1 billion in revenues and up to 27,000 jobs over the last decade due to diminished snow fall patterns and the resulting changes in the outdoor habits of Americans, a