OBIT: L.L.Bean’s Leon Gorman

Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death…

STX Partners with University of Virginia

Baltimore-based STX, LLC signed a five-year agreement with the University of Virginia (UVA) to be the exclusive official equipment supplier of the school’s women’s lacrosse program…

Shoe Carnival’s Q2 Boosted by Higher Margins

Boosted by higher merchandise margins and lower advertising expenses, Shoe Carnival Inc.’s earnings vaulted 86.4 percent in the second quarter, to $4.8 million, or 24 cents a share.
On a conference call with analysts, Cliff Sifford, president, CEO

Scopecoat Under New Ownership

Scopecoat LLC, makers of patented protective covers for sporting, combat, law enforcement, tactical optics, is now under the ownership of Terry Naughton, a 15-year veteran of the shooting sports and tactical industries…

Thule Group Divests Snow Chain Business

Thule Group divested its Snow Chain business Wednesday in order to tighten its focus on driving growth in its core Outdoor & Bags segment, which makes everything from car racks to backpacks, and cases for consumer electronics…

Glukos Signs Ironman Champions

The Glukos Company Inc., the natural performance energy foods brand, has bolstered its roster of brand ambassadors by signing Ironman World Champions Mary Beth Ellis, Liz Lyles and T.J. Tollakson…

PHIT and SFIA Expand GO! Grants

PHIT America and the Sports & Fitness Industry Association (SFIA) expects GO! Grants to reach 50,000 children at 156 schools in 22 states this school year…