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TeamSnap Raises $7.5M in Equity Funding

TeamSnap, a Boulder-based developer of a web service and app to manage sports teams and groups, announced a $7.5 million Series B investment led by new investor Foundry Group. Existing investors Torstar, Trinity Ventures, Toba Capital and Harris Barton al

RSG Acquires VA Runner

Running Specialty Group (RSG) has acquired the two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C. from current owner Carol Van Horn. The addition of the two new stores will bring the total number of RSG reta

Asics Continues Bounce Back in Nine Months

Asics Inc. reported net earnings climbed 19.6 percent in the nine months ended Dec. 31 on a 25.1 percent sales gain, benefiting from a weakening yen and strength in running shoes worldwide. The company also raised its forecast for the year for both sales

Mizuno’s Profits Rebound in Fiscal Nine-Month YTD

Mizuno Corp reported earnings surged 52.1 percent in the nine months ended Dec. 31 as sales advanced 9.3 percent. The major factors for the sharp recovery were said to be the solid performance of lifestyle sports products across the globe and a recovery i

J. C. Penney’s Q4 Comps Rose 2 Percent

J. C. Penney Co. provided a preliminary update on its sales performance during the holiday and fiscal fourth quarter periods. For the combined, nine-week November and December period, the Company reported comparable store sales growth of 3.1 percent over

Intrawest Resort IPO Misses Target by Wide Margin

Intrawest Resorts Holdings, Inc. shares disappointed when they began trading Tuesday in an initial public offering that coincided with the first January thaw in stock prices in three years. The company's shares traded nearly…

SIA On-Snow Demo Draws Record Crowd

Snowsports Industries America said nearly 120 brands exhibited gear at the On-Snow Demo/Ski-Ride Fest and Nordic Demo Feb. 3-4. The event was held at Copper Mountain Resort follwing the SIA Snow Show in Denver…