Quiksilver, Inc. swung from a profit to a loss on a pro forma basis in the second quarter ended April 30 as gross margins contracted more than anticipated due to discounting and economic turmoil in Europe…
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L.A. Private Equity Firm Sells Seattle’s Filson to Dallas PE Fund
Brentwood Associates has completed the sale of Filson Holdings, Inc. to Dallas, Texas-based private equity fund Bedrock Manufacturing Co. after spending seven years and millions of dollar transforming the Seattle maker of upscale hunting and fishing appar
REI Co-op Members Elect Four Directors
REI announced that Beth Newlands Campbell, Stephen Lockhart and Gerry Lopez were elected to three-year terms on the co-op's board of directors. The REI board also appointed Bert Quintana to complete the term of an open position. …
Quiksilver Narrows Fiscal Q2 Loss
Quiksilver, Inc., which also owns DC Shoes and Roxy, reported revenues grew 3 percent in the fiscal second quarter ended April 30, to $492.2 million compared the second quarter of fiscal 2011, or a 5 percent increase in currency-neutral terms. The net los
TomTom and Nike Launch New Range for the Nike+ Sportwatch
TomTom and Nike unveiled new additions to the Nike+ Sportwatch range, coinciding with the launch of a brand new Nike+ website – www.nikeplus.com. The range, which includes the introduction of new versions and color combinations, will introduce an entry-le
Destination Guest, Online Store Buffered Vail Resorts in Q3
Vail Resorts Inc. eked out a 1.3 percent increase in rental/retail revenue despite a nearly 10 percent decline in skier visits in the third quarter ended April 30, as a higher ratio of more lucrative destination travelers spent money on rentals and gear a
MapMyFitness Raises $9 Million in B Series Funding
MapMyFitness has raised $9 million in Series B funding led by Austin Ventures and Milestone Venture Partners. Competitor Group, Inc. and The Running Specialty Group, LLC also participated in the funding as part of larger business partnerships. The MapMyFi
Vermont Ski Visits Off 11 Percent from Record 2010-11
The Vermont Ski Areas Association announced that Vermont ski resorts recorded 3.9 million skier and rider visits, just 5 percent off of the ten-year average and 11 percent off the previous season's record thanks to its ability to make more snow than
Founder Acquires Kenneth Cole Productions
Kenneth Cole Productions, Inc. (has entered into a definitive merger agreement under which Kenneth D. Cole, chairman and chief creative officer of the company. Cole will will acquire the company through KCP Holdco, Inc., an entity he controls that was for
Headsweats Again Sponsoring NBC’s ‘Ask Bobke’ Segments During Tour de France Coverage
Headsweats is embarking upon their third year as sponsor for Bob Roll’s Ask Bobke segments featured on NBC and NBC Sports Network during the network’s coverage of the 2012 Tour de France beginning Saturday, June 30th…
Golf Rounds Surge Again in April
According to a survey by Golf Datatech, golf rounds played jumped 17.1 percent in May. For the year-to-date period, golf round are ahead 20.0 percent…
Fleet Feet, Inc. Closes Sale
The management team of Fleet Feet, Inc. and Raleigh, NC-based Investors Management Corporation (IMC) have acquired Fleet Feet, Inc. and the Specialty Retail Development Company (SRDC). The transaction closed on Friday…
Patagonia Discloses Recent Financial Results
Patagonia had sales of $540 million in the twelve months ended in April, up more than 30 percent from the same period a year earlier, according to a report in the Seattle Times. The article also disclosed that…
Big Agnes Expands Staff and Warehouse
Big Agnes Inc. has expanded its staff and its warehouse and office space to address the company's growing sales and distribution…
Klean Kanteen Hires Duffy as U.S. Sales Manager
Klean Kanteen named Michael Duffy as the company’s U.S. sales manager. This is the first major addition since the company hired Scott McGuire as sales director in April…
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