Steve Madden Buys Topline Corp for $55 million
Steve Madden acquired privately held Topline Corp for $55 million in cash, in a bid to bolster its private label footwear business. Topline reported 2010 net sales of about $189 million…
ANSGear.com Buys Action Village
ANSgear announced that it has acquired ActionVillage.com. Reports last week indicated that the paintball and action sports e-commerce site had shut down and was being auctioned off in order to pay creditors. The purchase price was not disclosed…
Above The Rim Extends Grant Program to Harlem
Above the Rim, which is owned by Collective Brands, said Hoops By the River, Inc. (HBTR) in Harlem was named the fourth non-profit to receive funds through the A.T.R. Project (Assisting The Rise), the brand's community-based youth development grant p
Keen Expands U.S. Production
Keen said it now expects to build 13 footwear styles in its new plant in Portland, OR in coming years. With one production line up and running, the facility currently employs about 15 people, a number that will grow when the second production line revs up
Puma Takes Over Puma Bodywear and Socks Company Dobotex
Puma will acquire 100 percent of its Dutch licensee Dobotex, which develops, produces and distributes Puma socks and bodywear. Puma currently holds 50.1 percent of Dobotex' shares and will acquire the remaining stake on the 1st of January 2012…
U.S. Soldiers Wearing Foreign-Made Athletic Shoes
Maine lawmakers are asking the U.S. Department of Defense to explain a procurement policy that allows U.S. service members to acquire foreign-made athletic shoes. New Balance, which operates shoe plants in the U.S., including three in Maine, has spoken ou
Masseys Launches Online Travel Hub
Masseys has created an online hub for customers to access local and destination adventures on its web site. Masseys customers will be able to quickly locate and book trips with local canoe, backpacking, fishing, and surfing guides. The site will also sign
Timberland Launches Geocaching Campaign in Europe
Timberland has launched a GPS-enabled treasure hunt that spans six European cities to promote its Earthkeeper footwear range. The Trail of Heroes campaign will run in Berlin, Brussels, London, Madrid, Milan and Paris until June…
Deckers Outdoor to Acquire Sanuk for $120 Million Plus
Deckers Outdoor Corporation signed a definitive asset purchase agreement to acquire the Sanuk brand for $120 million plus earn outs, or nearly three times Sanuk's 2010 sales of $43 million. Deckers said Sanuk is profitable, will be accretive to earni
New Balance Creates Casual-Comfort Company
New Balance announced the creation of an independent company to accelerate the growth of company's two casual-comfort footwear brands, Aravon and Dunham, as well as create new brands in the casual-comfort space. Bob Infantino was named president of
Antigua Extends License Agreement with LPGA
The Antigua Group, Inc. and the LPGA Tour have agreed to extend their license agreement for an additional three years through 2013…
Mountain Hardwear Adds Sales Managers
Mountain Hardwear said Tom Shores will serve as its western regional sales manager, while Mark Kallerud will fulfill the role of regional specialty sales manager for the Mountain Hardwear and Montrail brands…
NSSF Completes Study on AR-style Rifles
With so many MSRs purchased from 2008 to early-2010, , the National Shooting Sports Foundation, the trade association for the firearms and ammunition industry, wanted to learn more about owners’ use and attitudes related to these firearms…
Forzani Group to Be Acquired by Canadian Tire
In a bid to create “Canada's ultimate authority in sports,” Canadian Tire reached an agreement to acquire Forzani Group Ltd., Canada's largest sporting goods chain, in a friendly-deal valued at CN$771 million (US$800 mm)…
The Finish Line to Roll Out Commission Program
Finish Line Inc. plans to roll out nationally a commission program to incentivize sales associates, according to its recently-filed 10K…
