RECALL: 715 Orbea Road Bikes
Avant Bicycles is recalling 715 of its bicycles and carbon frame sets because of a front fork that can crack and pose a fall hazard…
Germany’s Zalando.com Preparing for IPO
Zalando, Europe's leading online retailer of footwear and fashion, announced plans for an initial public offering on the Frankfurt Stock Exchange in coming weeks. The rapidly growing retailer plans to float 10 to 11 percent of its shares for about $6
iHunt App Joins Altus Family
Altus, headquartered in Grawn, Michigan, has acquired iHunt, an app that features high-quality animal and hunting calls with no audio noise…
PVH’s Q2 Revenues Climb 4 Percent
PVH Corp., the parent of Speedo, reported second-quarter earnings rose 8.7 percent to 125.5, or $1.51 a share, topping its guidance between $1.40 to $1.45. The company, which also owns Calvin Klein and Tommy Hilfiger, reaffirmed its full year non-GAAP EPS
Luxottica Moving to Dual CEOs in Wake of Guerra’s Departure
Luxottica Group S.p.A., which owns the Oakley and Ray-Ban sunglasses brands and Sun Glass Hut, parted ways with CEO Andrea Guerra Monday and unveiled a new management structure based on a co-CEO mode. Under the new model, one CEO focuses on Markets and th
Durant Spurns Under Armour to Return to Nike
According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contr
Field and Stream to Open at Camp Hill, PA
Field & Stream will open a store at Capital City Mall in Camp Hill, PA…
Kering Partners with Safilo to Bring Eye Wear Business In House
Kering SA of France and Safilo Group Spa of Italy are extending their partnership until 2020. Under a new agreement, Kering will pay $118 million to buy out the last two years of Safilo's Gucci license and enter a new four-year supply agreement start
Liberty Safe Acquires 9g Products
Liberty Safe and Security Products has acquired 9g Products, a U.S. manufacturer of patented Biometric handgun vaults, marking the first investment by Compass Diversified Holdings Inc.'s Branded Products segment since the publicly traded investment c
Mec-Gar Selects Epicosity for Marketing
Firearm magazine manufacturer Mec-Gar USA has announced hiring a new creative and strategic partnership with outdoor marketing and advertising agency, Epicosity…
CRKBA Chief Says Billionaires Trying to Buy Freedom
According to the Alan Gottlieb, chairman of the non-profit 650,000 member Citizens Committee for the Right to Keep and Bear Arms (CRKBA) Michael Bloomberg's “Everytown for Gun Safety” lobbying organization has donated another $1 million to the Initia
Original S.W.A.T Acquires Tactical Holdings
Original Footwear, a unit of Original S.W.A.T., has purchased the majority of the assets of Tactical Holdings, the parent of Wellco and Altama…
Ugg For Men Launches Fall Campaign Starring Tom Brady
Ugg Australia launched its first-ever global brand marketing campaign titled “This Is Ugg.” for the fall 2014 season. As a part of the initiative, Ugg for Men will launch a series of three spots throughout the season featuring brand ambassador
PacSun Says Weak Denim Sales and Mall Traffic Drive Q2 Operating Loss
Pacific Sunwear of California Inc. reported its operating income dropped 83 percent in the second quarter due to highly promotional denim sales and store impairment charges at second tier malls…
L.L. Bean to Close Bangor Call Center in 2016
L.L. Bean plans to close its call center in Bangor, ME in 2016. The reason given was a steep decline in the number of telephone orders and a rise in the number of online orders…
