Golfsmith International Holdings LP Files Chapter 11
As expected, Golfsmith International Holdings LP filed for bankruptcy in Delaware and Ontario, Canada early Wednesday as part of a debt restructuring plan, backed by major bondholders, that includes selling Golf Town Canada Inc.
Russell Athletic Fight Like Dylan Award Entries Now Open
The award honors high school teams that have demonstrated inspiring determination and perseverance of teamwork through sports.
Report: Golfsmith Facing Debt Crisis
The Chapter 11 filing would come after unsuccessful attempts to find a buyer.
Wilson Partners With USPTA
The three-year agreement makes Wilson the official equipment supplier of the USPTA .
Honey Stinger Lures GU Energy VP, Promotes Four
The maker of honey-based nutritional products hired Christian Johnson as its vice president of sales and marketing and announced four promotions and two other hires.
Brands Pledge To Share TPP Savings With Consumers
In a letter to Congress, dozens of sporting goods brands pledged to share billions of dollars in savings with consumers if the Trans-Pacific Partnership (TPP) is ratified.
Delta Apparel Sells Facility As Part Of Realignment
Delta Apparel Inc. (NYSE MKT:DLA) reported it completed the sale of its Maiden, NC textile facility, and certain assets used in those operations, as part of a previously announced manufacturing realignment.
Anomaly Action Sports Adds Jeff Gilberti To Executive Team
Gilberti, a veteran of the snow sports and bike industries, will direct Anomaly’s North American sales efforts.
Nike’s Self-Lacing Shoe Earns Accolade
Nike’s self-lacing shoe, inspired by Back to the Future Part II, was recognized among the winners of Fast Company’s prestigious Innovation by Design Awards.
Report: Nike Signs Jason Day
The world’s top-ranked golfer had been with TaylorMade-Adidas.
Strider Honored For Helping Special Needs South Dakotans
Strider Sports International Inc., a manufacturer and marketer of no-pedal balance bikes, was honored by South Dakota Governor Dennis Daugaard with the Distinguished Service Award.
Can Body Heat Harvesting Power Wearables?
Researchers at North Carolina State University (NCSU) have developed a new design for harvesting body heat and converting it into electricity for use in wearable electronics.
Topgolf Completes $275 Million Credit Facility
Topgolf secured a five-year $175 million term loan and a five-year $100 million revolving line of credit.
Spacecraft Adds Snowboarder Eric Jackson To Pro Team
The Pacific Northwest apparel, accessory and art brand added professional snowboarder Eric Jackson to its pro team, marking the brand’s commitment to athlete support.
Shell Shock Technologies Adds Abramson To Board
Westport, CT-based Shell Shock Technologies LLC, makers of case technologies for the ammunition industry, welcomed Richard Abramson to its board of directors.
