Finish Line’s Q4 Profits Top Estimates

The Finish Line reported fourth-quarter earnings topped Wall Street’s targets as better full-price selling at the Finish Line chain, healthy sales at its Macy’s partnership, and robust digital momentum offset below-plan profits at Running Spec

Shock Doctor Merges with McDavid

In a merger of two of the leading sports protection companies, Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. Financial details weren't disclosed…

Adidas Sets Rebound Plan

With a plan built around speeding turnaround, increasing its presence in major cities and customization, Adidas AG revealed a new five-year plan that it projects will lift profits by 15 percent a year through 2020. On the top-line, it expects to outperfor

Karmaloop Files for Bankruptcy, Seeks Buyer

Karmaloop Inc., one of the leading online sellers of streetwear, filed for Chapter 11 bankruptcy protection and is seeking a buyer. The bankruptcy filing in Delaware listed $10 million to $50 million in assets…

Big 5 Acknowledges More Board Nominations

Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the company's board

ProdecoTech Acquisition Could Close in April

Paymeon Inc. expects to close on its all-stock acquisition of the remaining 80 percent of e-bike maker ProdecoTech in the next 30 days, the penny stock company disclosed in an annual report filed Thursday…

TaylorMade Golf Names New CEO

Adidas Group named David Abeles as the new CEO of TaylorMade Golf Company. Abeles immediately replaces former CEO Ben Sharpe, who resigned from the company for personal reasons…

Adidas Sees 15 Percent Annual EPS Growth Through 2020

At its Investor Day, the Adidas Group presented a new strategic business plan, “Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a high-single-digit rate on average per year on a currency-neutra