Performance Sports Seeks Bankruptcy Sale By February
A deal in place would sell nearly all of its assets for $575 million to an investor group led by Sagard Capital, its biggest shareholder, and Fairfax Financial Holdings Ltd., but other bids may emerge in the bankruptcy auction.
Halloween Ranks Second Most Popular Running Holiday
According to new data produced by Running USA, Halloween race participation continues to thrive despite a decline in total number of events held, as 733,576 runners finished a Halloween week race in 2015, up from 722,237 total finishers in 2014.
Shock Doctor Campaign Spotlights Youth Safety
The official mouthguard of the National Basketball Association (NBA) unveiled “A Mouthful of Fearless” to coincide with the start of the NBA season.
Rogue Fitness To Distribute Exolifestyle Products
Rogue Fitness currently operates out of a 175,000-square-foot manufacturing facility and is one of the primary suppliers for CrossFit equipment boxes around the world.
Costa Sunglasses Switches To Backbone Media
The sunglass brand tapped the agency for public relations for its core fishing initiatives and media planning and buying for angling and optical trade in North America.
Bandier Adds P.E. Nation Activewear
Bandier, a curated activewear boutique retailer, sealed an exclusive collaboration with P.E. Nation, a new fashion-forward workout wear brand.
Performance Sports Group Files For Bankruptcy
Performance Sports Group Ltd, parent to Bauer Hockey, filed for bankruptcy protection in the U.S. and Canada to facilitate a restructuring and sale of almost all of its assets.
Acushnet Debuts In Modest IPO
The parent of Titleist raised $329 million in its initial public offering of 19.3 million shares. The shares were priced Friday at $17, well below the projected pricing range between $21 to $24 per share.
Champion’s Sales Hurt By Bankruptcies
While acknowledging declines at specialty sports channels, sales gains for activewear within mass channels gave officials confidence that the dip will be temporary.
Bauer Extends Long-Term Deal With Henrik Lundqvist
Bauer Hockey inked a long-term extension with Henrik Lundqvist, the Swedish pro hockey player notorious for his position as goaltender for the New York Rangers.
Nike Launches Footwear Design Challenge
The Nike Ease Challence is a $50,000 competition that invites designers, engineers, makers and innovators to advance and reinvent footwear design for athletes of all abilities.
Aisle Talk, Week Of October 24
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 24
The leading figures from this week’s news in the active lifestyle space.
Escalade’s Q3 Earnings Climb
Excluding non-recurring items, earnings improved 45 percent due to a 12 percent sales gains and lower expenses.
Newell Brands Core Sporting Goods Sales Drop In Q3
Pro forma core sales, which exclude the Winter Sports business that is held for sale, declined 3.2 percent compared with prior year, with growth in Pure Fishing more than offset by declines in Coleman
