Founder Chip Wilson Steps Down from Lululemon’s Board

Lululemon Athletica Inc. Founder Chip Wilson announced that he is stepping down from Lululemon's board of directors. Under Wilson, Lululmeon became one of the fastest growing apparel brands in history and helped ignite the current athleisure trend…

USA Cycling Hires Korn Ferry to Find Next CEO

USA Cycling, the national sanctioning body for cycling competition, has retained the executive recruitment firm Korn Ferry to assist in the search for a new CEO to succeed Steve Johnson, who announced last month that he will step down from his post this f

Dick’s SG CFO Promoted to COO

Dick's Sporting Goods, Inc. announced that Andre J. Hawaux has been appointed as EVP, COO/CFO. He was EVP and CFO. In addition to his existing responsibilities for finance, legal and information technology, Hawaux has expanded his responsibilities to

Fairweather Ski Works Wins $40K Grant

Fairweather Ski Works has been awarded a $40,000 grant by The Nature Conservancy after winning its Path to Prosperity contest, which seeks to encourage entrepreneurs building businesses around sustainable use of natural resources in Southeast Alaska…

Deckers Brands Misses and Lowers Guidance on Ugg Shortfall

Shares of Deckers Brands cratered last week after the company missed its earnings guidance in its third quarter ended Dec. 31 and forecast a loss in its fourth quarter. On Friday following the earnings release Thursday night, shares tumbled $16.22 to $66.

Oiselle Appoints Atsuko Tamura as President

Oiselle, a women’s athletic apparel brand, appointed Atsuko Tamura as president. Effective immediately, Tamura will join Founder and CEO Sally Bergesen in leading the rapidly growing company with a focus on operations, finance, strategic growth via

RSG Acquires Raleigh Running Outfitters

The Running Specialty Group (RSG), which is owned by The Finish Line, acquired Raleigh Running Outfitters. The addition adds to its October-2014 acquisition of Capital RunWalk, also in greater Triangle area…

Callaway Notches First Annual Profit Since 2008

Callaway Golf Co. trimmed its fourth-quarter loss, feeding a return to profitability for the year for the first time since 2008. The company still offered a cautious outlook for 2015 due to foreign exchange headwinds and uncertain golf market conditions.

Vista Outdoor’s Q3 Revenues Slide

Vista Outdoor, formerly the Sporting Group of Alliant Techsystems Inc. (ATK), reported sales slid 3.3 percent in its third quarter ended Dec. 28, to $506.9 million…

Indigitous Joins The Conservation Alliance

Indigitous, the Seattle-based agency that specializes in providing brands and their investors with the resources necessary to maximize sales and marketing opportunities with Amazon.com, has joined The Conservation Alliance…

Callaway Shrinks Q4 Loss

Callaway Golf Company reported sales increased 6 percent in the fourth quarter. The net loss was cut to $41.5 million, or 54 cents a share, from $49.5 million, or 65 cents, a year ago. For the full year, despite challenging conditions that beset the golf