North Castle Partners Closes on $300 Million Fund
North Castle Partners, a private equity firm that owns Performance Bicycle and Ibex and recently invested in Ignite USA, closed its sixth fund, at $300 million.
Turner Lands Duluth Trading PR Account
Turner has added Duluth Trading Company to the list of “Modern Outdoor” clients it represents.
Skullcandy Logs Q2 Loss
Skullcandy Inc. reported a loss of $1.6 million, or 5 cents a share, in its second quarter ended June 30, impacted by costs related to its sale process, litigation, and customer bankruptcies.
Anta Sports Selects US Anti-microbial Vendor
Noble Biomaterials Inc. established a strategic alliance with Anta Sports Products Limited, China’s largest sportswear brand, based in Fujian.
American Bicycle Group Moves To Larger Headquarters
American Bicycle Group (ABG), manufacturer of Litespeed (LS) and Quintana Roo (QR) bicycles, recently moved into a newly refurbished, larger building in Chattanooga, TN.
Under Armour Partners With Boutique Boxing Studio
Gloveworx, a boutique boxing studio and fitness facility based in Santa Monica, CA, sealed Under Armour as its Official Performance Partner.
REI Relaunches Digital Outlet Business
REI, the national outdoor specialty retailer and consumer co-op, launched REI Garage, a new digital store that sells off-price products picked by co-op experts.
Keen Releases Live Monumental Documentary Film Online
Following the success of its Earth Day premiere in San Francisco with the Wild & Scenic Film Festival – and the subsequent 10-stop national film tour this summer – Keen released its Live Monumental film online for public viewing.
Phoenix Footwear Q2 Sales Climb
Phoenix Footwear Group Inc., the parent of Trotters and Softwalk, reported net sales in the second quarter rose 4.5 percent to $4.2 million, compared to $4.1 million for the second quarter of fiscal 2015.
Chaco Adds Embroidery To Customizable Footwear Program
Chaco is adding two major updates to its MyChacos custom footwear program.
FN Platform Launches In New York City
UBM Fashion Group, which organizes trade events such as Magic, Coterie, Project and Stitch, announced the launch of FN Platform in New York City.
Lululemon’s Cloaked Board Member Resigns
Lululemon filed with the U.S. Securities and Exchange Commission (SEC) that board member Rhoda Pitcher resigned from the post on August 8, 2016.
Saks Fifth & NBA’s Anthony Davis Release Luxe Athleisure Capsule
Saks Fifth Avenue, the high-end boutique retailer, inked a partnership with American professional basketball player Anthony Davis in the retailer’s first fashion label collaboration with an athlete.
Speedo Departs from Traditional Design, Goes Vibrant
Speedo International has swapped its highly technical-looking suits for a new lifestyle collection which pulls from vibrant colors and prints to “capture the energy and vibe of the tropics,” the company said.
Bridgestone Golf Hires President, CEO
Bridgestone Golf hired Angel Ilaganto assume the role of President and CEO.
