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
NRA Releases Statement on NRA Releases Statement on Connecticut Shooting
In its first statement since the shooting that killed 26 people inside a Newtown, CT, elementary school, The National Rifle Association promised ‘‘to offer meaningful contributions to help make sure this never happens again.’’…
Boardworks Surf Moving to Larger Headquarters
Boardworks Surf is moving their main offices and international headquarters from downtown Encinitas to a new, larger 15,000-square-foot location in Carlsbad, CA…
MTRiP: Mountain Resort Bookings for December Off Sharply as of Nov. 30
As of Nov. 30, on-the-books occupancy at 16 mountain resort destinations for December 2012 was down 12.3 percent compared to a year earlier, Mountain Travel Research Program (MTRiP) reported…
Lafuma Swung to Loss in Fiscal 2012
Lafuma Group reported that it lost €15.2 million ($19.7m) in the year ended Sept. 30, compared to net income of €3.9m last year, due in large part to a write down of goodwill on the Oxbow surf brand…
Mizuno Extends Relationship to U.S. Beach Volleyball Team
Mizuno USA announced an extension of their sponsorship agreement with USA Volleyball, remaining the “Official Equipment and Apparel Supplier for the USA Volleyball.” The long-standing partnership…
Li-Ning Becomes an Official Partner of the Miami Heat
Li-Ning Company announced it has become an official partner of the NBA Champion Miami Heat, effective immediately. The partnership is part of a comprehensive marketing program to support Wade, a new athletic footwear and apparel collection that Li-Ning re
Colorado Resorts Hit by More Snow
Every resort in Colorado Ski Country received fresh snow over the weekend with those in the Southwest benefitting from some of the top accumulation totals the state has seen so far this season. Wolf Creek amassed 30 inches, Purgatory received 20 inches, S
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
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
