New Balance Launches NB SparkStart

New Balance, Inc. and the New Balance Foundation launched NB SparkStart, a global initiative focused on improving the health, well-being and self-esteem of children through movement. The New Balance Foundation will provide $4 million in NB SparkStart gran

Gutermann Sold to PE Group

KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. (“A&E”) will acquire substantially all of Gutermann Holding SE's global industrial and consumer thread business…

Lorpen Relocates North American Headquarters

Lorpen, the performance outdoor sock manufacturer with roots in the Spanish Pyrenees, has relocated its North American office in the Toronto area in order to support the growing needs of the company and staff…

Stapleton, Nieroth to Co-Chair USA Cycling

The USA Cycling Board of Directors elected Bob Stapleton as chairman and Alex Nieroth as vice-chairman at its meetings this week in Colorado Springs. Stapleton takes office immediately and replaces Bill Peterson, who served as board chairman since March o

Adidas Outdoor Appoints Business Manager of Key Accounts

Adidas Outdoor appointed Peter Schuster as business manager of key accounts for the U.S. Schuster has more than 20 years of experience in sales, most recently director of sales for national accounts and national account channel sales manager for tradition

Report: Toms for Sale

According to the Financial Times, Toms has hired bankers to explore a sale. The L.A.-based ethical label could fetch as much as $600 million, sources told the newspaper…

Colorado Ski Visits Set Record in 2013/14 Season

Skier visits to Colorado's mountain resorts hit a record 12.6 million in the 2013/14 season, according to estimates released Thursday by Colorado Ski Country USA (CSCUSA). The organization estimates ski visits were up more than 10 percent compared t