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Lumo Raises $10 Million in Series B Funding

Lumo Bodytech, the makers of the Lumo Lift posture coach and Lumo Run smart shorts, has raised $10 million in Series B funding. The funding will be used to launch a wearables biomechanics platform…

Implus LLC Acquires FuelBelt

Implus LLC, the parent of Sof Sole, Balega, Triggerpoint, Yaktrax, and a number of other accessory brands, has acquired FuelBelt Inc. known for its multi-bottle hydration belts…

Nautilus’ Rebound Continues in Q3

Boosted by healthy sales gains in both its Direct and Retail segments, Nautilus Inc. reported earnings jumped 49.9 percent in the third quarter ended Sept. 30, to $3.7 million, or 12 cents a share…

Ebay Inc. Completes Sale of Ebay Enterprise

Ebay Inc. completed the previously announced sale of Ebay Enterprise to a Sterling Partners and Permira Funds. Enterprise Operations & Enterprise Technology Services was sold to Sterling Partners…

Golf Rounds Played Improve in September

According to Golf Datatech, golf rounds played increased 1.2 percent in September. The gains by region led by Mountain, up 4.2 percent; West North Central, 2.1 percent; and Mid Atlantic, 2.0 percent…

Fitbit ‘s Q3 Crushes Guidance

Fitbit Inc. reported revenues catapulted 168 percent year-over-year, easily exceeding the high end of its guidance while adjusted EBITDA nearly doubled. The company significantly lifted its guidance for the year and also announced plans for secondary offe

Columbia Sportswear CEO Sees No Fourth Quarter Slowdown

Columbia Sportswear Co. sold a record amount of outdoor apparel and footwear in the third quarter and sees no signs of a slowdown in the fourth quarter, CEO Tim Boyle told analysts Thursday. In fact, the owner of the Columbia, Sorel, Prana and Mountain Ha