Merrell to Launch New Tough Mudder Event and Gear

Merrell signed on as the presenting partner for global Tough Mudder events as a part of a multi-year deal that calls for the brands to develop a co-branded line of gear and launch a shorter version of the obstacle course race to draw in more consumers…

Fitbit Q3 Revenues Soar

Fitbit Inc. reported revenues catapulted 168 percent in the third quarter while adjusted EBITDA nearly doubled. The fitness wearables leader sharply raised its guidance for the year and also announced plans for secondary offering. Said James Park, Fitbit

Escalade’s Q3 Revenues Expand 9 Percent

Boosted by acquisitions, Escalade Inc. revenues for the third quarter advanced 9.4 percent, to $34.6 million. Net income from continuing operations, however, slumped 47.4 percent to $2.0 million, or 14 cents a share, from $3.8 million, or 27 cents, a year

Ebay Completes Spinoff of Retailer E-Commerce Unit

Ebay Inc. completed the sale of Ebay Enterprise to a consortium consisting of Sterling Partners, Longview Asset Management, and the Innotrac Corporation, a Sterling Partners portfolio company, together in partnership with companies owned by the Permira Fu

DSW CEO to Retire, Cuts Guidance

DSW Inc.’s Michael R. MacDonald will retire as CEO, effective Jan. 1, 2016. He will be succeeded by Roger Rawlins, EVP and chief innovation officer. The shoe retailer also sharply lowered its guidance for the year…