Rock/Creek has added staff to support continued brick-and-mortar growth, including hourly sales staff positions to support their new store in Cleveland, TN…
Tag: Supplier
Banded Holdings Completes Avery Outdoors Acquisition
Banded Holdings Inc., owner of the Banded waterfowl hunting apparel and gear brand, completed its acquisition of Avery Outdoors Inc., which makes waterfowl hunting gear under the…
Cabela’s to Issue $500 MM in Unsecured Notes
Cabela’s Incorporated plans to issue and sell unsecured notes with an aggregate face value of $550 million in a private placement to accredited investors…
Topo Athletic Receives Funding, Adds Board Seats
Topo Athletic announced the appointment of two new board members and Series B funding from legacy investor Norwest Venture Partners (NVP). Founded by footwear veteran and former Vibram USA CEO, Tony Post, Topo Athletic recently saw 110 percent year-over-y
Fox Factory’s Bike Sales Climb 24 Percent
Fox Factory Holding Corp., the maker of bicycles and power vehicles, reported second-quarter sales increased 12.5 percent to $97.2 million. The sales gain reflected a 23.9 percent increase in sales of bike products…
Blue Ridge Mountain Sports Secures Financing for Fall Inventory
Blue Ridge Mountain Sports Ltd. (BRMS) has secured financing for inventory to stock its seven stores in Charlottesville, Virginia Beach and Blacksburg, Va; Knoxville, TN; and Madison and Princeton, NJ…
Adidas Gains Momentum in Q2, Eyes Sales of Golf Brands
Adidas Group has hired an investment bank to consider options for its flagging TaylorMade-adidas Golf business, where a 26 percent sales decline in the second quarter weighed on otherwise encouraging results. Adidas reported currency-neutral sales increas
Ibex Outdoor Clothing Secures New Credit Package
Ibex Outdoor Clothing LLC has secured a multi-million dollar credit package from First Niagara Commercial Finance Inc., which provides asset-based loans and working capital to help its customers expand and grow…
Trek’s Click-and-Collect Plan Could Mark Tipping Point
Trek Bicycle Corporation sent shock waves through the independent bicycle dealer (IBD) channel in the United States last week by announcing it would begin selling direct to consumers online, but share any profits with its dealers…
Gaiam Second Quarter Sales Surge on Kohl’s Business
Gaiam Inc. reported net revenue surged 27 percent in the second quarter as it began shipping an exclusive line of yoga apparel to Kohl's…
Inov-8 Acquired by Descente Ltd.
Descente Ltd of Japan has acquired control of Inoveight Holdings Ltd (Inov-8) from the private equity firm Livingbridge. Financial terms were not disclosed…
Gordon Seabury’s Top Ten List
On Aug. 4, Gordon Seabury, CEO of Toad & Co., became the next OIA board chairman, replacing Jennifer Mull, Backwoods CEO. On Aug. 5, he delivered his first speech in his new role at the Industry Breakfast at ORSM15, basically detailing why the industry ro
Fitbit Crushes 2015 Q2 Earnings Expectations
Fitbit Inc., in its first report since going public, reported earnings and sales that blew past Wall Street expectations. Profits adjusted for expenses tied to the IPO rose 179.7 percent to $51.3 million, or 21 cents a share, from $18.3 million, or 9 cent
Alibaba Taps Goldman Sachs Exec as New President
Alibaba Group appointment investment banker and Olympic gold medalist Michael Evans as its president effective Aug. 4 in a bid to become a global retailer…
Nautilus Second Quarter Sales Up 23 Percent
Nautilus Inc. reported unaudited net sales grew 23.0 percent in the second quarter compared the same quarter of 2014, driven by higher sales in both the Direct and Retail segments…
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