Allen Edmonds Gains Equity Investment
Gladstone Capital Corporation has invested $19.5 million in Allen Edmonds Shoe Corporation by purchasing a loan from one of Allen Edmonds' existing lenders…
Virus to Provide Ski Patrol with Coffee Char Compression Wear
Virus Action Sport Performance has been chosen as the official supplier for The National Ski Patrol Association (NSP). The NSP will utilize Virus' popular Stay Warm Coffee Charcoal Compression for their 29,000 members…
Bass Pro Announces Georgia and Florida Store Openings
Bass Pro Shops will open a 100,000-square-foot Bass Pro Shops Outpost store in Emerson, GA. as well as a 104,000-square-foot Bass Pro Shops Outdoor World store in St. Johns County, FL to serve the Jacksonville area…
Billabong Agrees To Due Diligence With Naude’s Group
Billabong announced that a consortium led by Paul Naude, a board director and former head of Billabong’s Americas division, and New York-based private equity firm Sycamore Partners, has signed a confidentiality agreement with Billabong to pursue a t
L.L. Bean Partners with Philadelphia Parks and Rec to Get Families Outdoors
Mayor Michael A. Nutter, Philadelphia Parks & Recreation and outdoor retailer L.L.Bean announced a new partnership to support programs that will allow more people, particularly children, to enjoy outdoor recreation in the city’s many parks and natur
Recreation and Entertainment Spending Accelerated in Third Quarter
Real spending on recreation and entertainment in the United States accelerated in the third quarter, increasing 7.9 percent from the second quarter, according to the latest figures the U.S. Department of Commerce…
Sierra Trading Post Acquired by The TJX Companies for $200 MM
Sierra Trading Post (STP), which has acted as a primary clearance outlet for outdoor sporting goods, has been acquired by The TJX Companies, Inc. The purchase price of approximately $200 million, or one times STP's annual sales, was paid in cash, fin
U.S. Fuels Nike’s Q2
Nike Inc. saw its second consecutive quarter of sliding backlogs in China and its eight straight quarter of gross margin erosion. But a better-than-expected performance from other parts of the world, led by stellar performance in its North America and Eme
The Conservation Alliance Releases Third worthWILD Video
The Conservation Alliance (CA) released Allegany, the third video in its worthWILD series, that tells the story of the Adirondack Mountain Club’s successful campaign to protect New York’s Alleghany State Park from oil drilling, and related hab
The Finish Line Youth Foundation Announces $160,100 in Grants for Q3 2012
The Finish Line Youth Foundation announced the award of $160,100 to grant recipients in the third quarter of 2012. The 22 grants also went to organizations that place an importance on youth development and an active lifestyle in 15 states. Among these wa
PGA Tour Superstore to Open First California Store
PGA Tour Superstore's first store on the West Coast will be in East Palo Alto, CA. Scheduled to open in the spring of 2013, the 47,000-square-foot superstore is located at 1751 East Bayshore Road, former site of Best Buy…
RECALL: 200 Izoard XP Bicycles
Wilier Triestina USA LLC, of Atlanta, GA is recalling about 200 Izoard XP bicycles because their fork’s steering tube can break while in use, posing a fall hazard. No injuries have been reported…
Billabong Receives Fresh Takeover Bid from Naude, Sycamore
Billabong said a consortium led by Paul Naude, a board director and former head of Billabong’s Americas division, and New York-based private equity firm Sycamore Partners had offered A$1.10 a share to acquire the company. The new bid, coming in lowe
AceCamp Opens U.S. Headquarters in Salt Lake City
AceCamp has opened its U.S. headquarters in Salt Lake City in a bid to establish a beachhead in the U.S. camping market. Founded 12 years ago, the Chinese company has offered its line of camping equipment and accessories in Europe since 2008…
Azumio Debuts Fitness Trainer App
Azumio, a developer of mobile health applications with more than 30 million downloads to date, announced the launch of Azumio Fitness Trainer. Available in the AppStore for iPhone and iPad for $2.99, the app contains seven body-specific workouts, covering
