Superfeet announced that the company’s Employee Stock Ownership Program (ESOP) has purchased the balance of the company's shares, making it 100 percent employee owned…
Tag: People
Sports Direct Fiscal 2015 Sales Surpass $4.5 Billion
Sports Direct International plc of the United Kingdom reported group revenue increased by 4.7 percent to £2.83 billion, or approximately $4.53 billion, in the fiscal year ended April 26, thanks primarily to growth at its Sports Retail division…
Jarden Corp. Updates Q2 Guidance
Jarden Corp reported preliminary results for the second quarter indicate organic growth will exceed the company's targeted range of 3-5 percent. Adjusted earnings per share are expected to be in line with Wall Street consensus…
Black Diamond Recalls Innovative JetForce Packs for Firmware Fix
Black Diamond Inc. recalled all its groundbreaking JetForce avalanche airbag packs July 14 to check for a malfunction of an electric motor that prevents some airbags from deploying. The recall demonstrates the risks company's must undertake to engage
Vibram Selects Rock Gear as Canadian Distributor
Vibram appointed Rock Gear Distribution as its primary distributor for Vibram Finished Goods in Canada, with full transfer of the distributorship expected by January 2016…
Octane Fitness Granted Attorneys’ Fees in Patent Lawsuit
The United States District Court for the District of Minnesota recently ruled in favor of Octane Fitness, LLC, on its Renewed Motion to Collect Attorneys' Fees and Costs in a patent infringement case brought by Icon Health & Fitness, Inc…
Superfeet Becomes 100 Percent Employee Owned
Superfeet announced that the company’s ESOP (Employee Stock Ownership Program) has purchased the balance of the company's shares, making it 100 percent employee owned…
Backcountry Looks to Accelerate Growth
With a new equity partner in TSG Consumer Partners, The Backcountry Group is set to shift to its next gear of growth – both here and abroad. “We believe TSG is going to be a great partner for us as we continue to grow our businesses,” said Bac
Zumiez’s June Comps Slide
Zumiez Inc. reported same-store sales decreased 3.3 percent in June. Net sales in the five weeks ended July 4 reached $67.0 million, a gain of 2.6 percent…
Performance Sports Group Q4 Impacted by Currency Woes
In reporting preliminary fourth-quarter results, Performance Sports Group Ltd. (PSG) said foreign exchange (FX) impacted fourth-quarter results by 13 cents a share, resulting in adjusted net income of approximately $8 million, or 17 cents per share…
Lids Foundation Announces Grant Awards for First Half of Year
Lids Foundation announced the recipients of its grant awards for the first half of 2015. The philanthropic support arm of Lids Sports Group, Lids Foundation bolsters nonprofits that promote active and healthy lifestyles as well as leadership…
Yakima Doubles Size of Sales Management Team
Yakima Products Inc. has doubled the size of its sales management team with the addition of four key positions focused on strategic accounts, specialty retailers, and the international sales and automotive channels…
OIWC Names Director of People and Culture
OIWC, which landed a multi-year $1.5 million grant from REI last year to foment female leadership in the outdoor industry, has hired a director for its new People and Culture Department, which seeks to…
OBIT: La Sportiva’s Francesco Delladio
La Sportiva in a statement said Francesco Delladio, president of La Sportiva globally, has passed away.
Bogner Pulls Sale
The family owner of Bogner, the maker of winter jackets and skiwear, has canceled plans to sell the company. As reported, Bogner last year hired Goldman Sachs to seek a buyer…
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