Billabong Considers TPG’s Revised Takeover Bid
Billabong said Monday it will consider a revised Aus$765.3 million (U.S. $825.3 mm) takeover offer from U.S. private-equity firm TPG Capital. TPG made an offer of the same value early last week, but that proposal precluded asset sales. The initial offer w
OIA VantagePoint: Slower January Ends Solid Fiscal 2012
Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi
Bianchi Buys Signficant Minority Stake in SOLA of Australia
Italian bicycle maker FIV Edoardo Bianchi SpA has acquired a significant minority stake in Sport Outdoor Leisure Australia Pty Ltd ( SOLA ), its exclusive distributor in Australia and one of Australia’s most prominent distributors of outdoor brands
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
Golfsmith Promotes Sue Gove to President
Golfsmith International Holdings, Inc. announced that Sue E. Gove has been appointed president of the company, in addition to maintaining her role as chief operating officer and chief financial officer…
Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter
Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,
Sperry Top-Sider Adds New Licenses
Sperry Top-Sider signed three additional new license agreements to expand Sperry Top-Sider branded products into the categories of luggage, watches and eyewear…
Pon Holdings Forms Bicycle Business Unit
Pon Holdings BV has formed a bicycling unit to oversee its growing investments in cycling, which now include the Gazelle and Cervélo brands as well as those owned by Germany's Derby Cycle AG….
Big Idea Brands Acquires Flow Society Lacrosse Brand
Big Idea Brands, LLC has purchased the Flow Society Lacrosse Brand from Passport Brands, Inc. The Flow Society concept will be guided by Anthony Ottimo, the founder and creator of the brand, who was appointed president of Big Idea Brands…
Reebok to Open First CrossFit Gym Store in Manhattan
Reebok will be launching a new retail concept at 420 Fifth Ave. in New York City. The concept wil sell Reebok CrossFit branded clothing, footwear and accessories, as well as house a 10,308-square-foot CrossFit “box,” according to a report on Citybizlist.c
Timberland Surveys Eco-Consciousness in Relationships Survey
Timberland Co. commissioned a survey of 1,000 men and women in the United Kingdom to find out how important eco-conscious behaviors are within a relationship. While over half of Welsh men and women would question dating someone if they didn't take ca
Marin Bikes Founder Bob Buckley Sells Control to European PE Firm
Marin Bikes Founder and President Bob Buckley agreed to sell control of the privately held 26-year-old company to Minestone Limited, a private European-based investment firm, according to an entry at Marin's blog…
New Balance Expands Custom Made in USA Program
New Balance announces the addition of the 993 to the brand's domestic manufacturing customization program. The program launched in April 2011 with the US574, the first customizable athletic shoe made in the USA. The 993 and US574 are made at the comp
Saucony to Sponsor Yamaha Factory Racing
Yamaha Factory Racing has entered into partnership with Saucony as a premium supplier of shoes to the team for the 2012 season. The premium level training shoes will form part of the Factory Team’s 2012 uniform…
Escalade Sports Announces Distribution Agreement With Unicorn, U.K.
Escalade Sports of Evansville, IN announced their new agreement with Unicorn, U.K. as the U.S. Distributor of the Unicorn Darts, Dartboards & Dart Accessory line…
