Colt Defense LLC has lined up financing from secured lenders and some landlords and equity investors for a prepackaged Chapter 11 bankruptcy plan ahead of a potential default on a $10.9 million payment due bondholders June 15, but said its unsecured bondh
Tag: Supplier
Wilson Partners with FIBA
Wilson Sporting Goods Co., and FIBA, the International Basketball Federation, have entered into a four-year agreement for FIBA 3×3…
Victorinox Swiss Army Launches Knife Design Contest
Victorinox Swiss Army Inc., maker of the iconic Swiss Army Knife, has partnered with Sports Authority to launch the first-ever Swiss Army Knife Design Contest in the United States…
FeraDyne Outdoors Acquires Target and Accessories Brands
FeraDyne Outdoors LLC acquired FL Archery Holdings LLC, a Superior, WI-based supplier of archery targets, sights, parts and accessories that operates as Field Logic….
Zumiez Sees 12 Percent Q1 Earnings Gain
Zumiez Inc. reported sales in the first quarter increased 9.0 percent to $177.6 million from $162.9 million in the first quarter. Comparable sales for the thirteen weeks ended May 2, 2015 increased 3.0 percent compared to a comparable sales increase of 1.
Fleet Feet Sports Columbus Owner To Acquire FrontRunner
Fleet Feet Sports announced that Tim Flahaven, owner of the Columbus, Ohio, Fleet Feet Sports franchise, will acquire FrontRunner, a running retailer with two locations in Columbus…
Nike Appoints Coca-Cola Exec as CIO
Nike, Inc. appointed Jim Scholefield as its chief information officer. Scholefield most recently served as chief technology officer for The Coca-Cola Company…
G-III Apparel’s Fan Apparel Delivers Strong Year
G-III Apparel Group reported earnings rose 70.2 percent in its fourth quarter ended Jan. 31, to $22.2 million, or 96 cents a share. Revenue grew 8.8 percent to $514.3 million…
PVH’s Q1 Profits Boosted by Calvin Klein
PVH Corp., the parent of Speedo and Izod, reported first-quarter earnings that topped internal expectations, primarily driven by its Calvin Klein business…
Fitbit Sets IPO Terms
Fitbit plans to sell nearly 30 million shares in its initial public offering at prices between 14 to $16 a share, according to its updated filing with the Securities & Exchange Commission. At the top end of that range, Fitbit's IPO would take in $477
Academy Sports + Outdoors Searching for Next CEO
Academy Sports + Outdoors revealed it has begun planning for the succession of its president and CEO, Rodney Faldyn. While Faldyn has not decided on a specific timeline for his exit, Academy has nonetheless initiated a succession planning process to ensur
K-Swiss Purchases Skate Brands Supra, KR3W
K-Swiss Global Brands (KSGB), which is owned by Korea-based conglomerate E.Land, acquired One-Distribution, a leading skate-inspired apparel and footwear manufacturer and parent company of KR3W Denim Co. (KR3W) and Supra Footwear (Supra). Terms were not d
FFANY Draws Athletic Styling
While the footwear trade show continues to focus on dressier offerings, FFANY held last week in New York again underscored the popularity of athletic styling. Particularly pervasive was vulcanized canvas takes across a number of brands and incorporated in
Kettler Files for Bankruptcy
Kettler, based in Germany's and best known for its Kettcar carts for kids, has filed for insolvency. It also makes leisure and sports equipment ranging from ping pong tables to patio furniture, children's swing sets and exercise bicycles…
Down Decor Secures RDS Certification
Down Decor, the supplier of the original hydrophobic down, DownTek, has attained the Responsible Down Standard (RDS) certification…