Holden Outerwear Acquired by POW Inc.

POW Inc., parent company to POW Gloves and Spacecraft, today announced the successful completion of its transaction to acquire 100 percent ownership of Holden Outerwear. The transaction closed and became effective Dec. 1, 2013.

Amer Sports Expands Performance Share Plan

The board of directors of Amer Sports allocated more company stock to the Finnish company's Performance Share Plan and approved a plan to expand the number of employees eligible to participate in it from approximately 80 to 200 for the 2013-2015 peri

Puma Signs Mario Balotelli

Puma announced a new long-term partnership with the Mario Balotelli. The Italy Striker becomes the latest sporting sensation to join Puma’s family of star players and athletes that includes Usain Bolt, Sergio Agüero, Cesc Fàbregas, Marco Reus, Radam

G-III Apparel Group Set to Join the SandP SmallCap 600

G-III Apparel Group Ltd. will replace Santarus Inc. (SNTS) in the S&P SmallCap 600 after the close of trading on Tuesday, December 31. S&P MidCap 400 constituent Salix Pharmaceuticals Ltd. (SLXP) is acquiring Santarus in a deal expected to be completed so

W.L. Gore Bringing SkiMo Event to All Mountain Demo

W.L. Gore & Associates announced it has partnered with US Ski Mountaineering Association (USSMA) and Utah Ski Mountaineering to bring a ski mountaineering race to Solitude Mountain Resort during the All Mountain Demo on the eve of Outdoor Retailer Winter

Adidas’ VC Firm Invests $2M in Natural Fibers Company

Adidas Group's in-house venture capital fund agreed Dec. 19 to invest CAD$2.0 million in CRAiLAR Technologies Inc., a Canadian company that makes natural fibers from flax, hemp and other plants that can be used to make a garment that is as soft and d

Salomon and SSV Open Salomon Brand Store in Vail

Salomon opened a concept store in Vail that is the first such venture under a new partnership with Specialty Sports Venture (SSV), the retailing unit of Vail Resorts Inc. If successful, Salomon and SSV could partner to open more such stores. Salomon opene

Nike’s Q2 Revenues Climb 8 Percent

Nike Inc. reported earnings from continuing operations improved 3.1 percent in its second quarter ended Nov. 30, to $537 million, or 59 cents a share, besting Wall Street's consensus estimate by a penny. Revenues grew 8.0 percent to $6.43 billion, an