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GoPro to Raise $100 Million in Secondary Offering

GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti

HeavySwing Partners to Enhance Player Development

The Baseball Factory and Softball Factory will use HeavySwing’s original handle-weighted training bat as its Official Training Bat to train prospective college athletes proper swinging, stretching and strengthening techniques…

GoLite Enters Liquidation

GoLite LLC began liquidating Friday after no bidders emerged to buy the company as a going concern. Hilco Merchant Resources LLC, which served as the company's stalking horse bidder, kicked off going-out-of-business sales at GoLite's six remaini

GearUp to Distribute Figo Bike Rack

GearUp, Inc. has obtained the exclusive marketing and distribution rights to the new Cool Bike Rack bicycle storage system for the US marketplace through an agreement with Peruzzo s.r.l. of Rossano Veneto, Italy…

Backcountry.com Releases New App for iOS Devices

Backcountry.com released a new mobile app for iOS devices that enables users to access wish lists, deals, promotions, and credits that are exclusive to the app, and 24/7 click-to-call Gearheads who can answer questions around the clock. Users can also see

Leatt Corp. Cuts Losses on Strong US Demand

Leatt Corporation, a South African developer and marketer of protective equipment for high-velocity sports, reported revenue grew to $3.5 million in the quarter ended Sept. 30, versus $2.2 million for the third quarter of 2013…