Varsity Brands to be Acquired by Charlesbank Capital Partners
Varsity Brands, the parent of BSN Sports and Herff Jones, has entered into a definitive agreement to be acquired by an investment group led by Charlesbank Capital Partners, a leading private equity firm. Varsity Brands' senior leadership will remain
Fjällräven Launches First American Campaign
Swedish heritage brand Fjällräven unveiled its first North American advertising campaign. Photographed and filmed by renowned artist, surfer and outdoorsman Chris Burkard…
Golf Rounds Lose Ground in September
According to Golf Datatech, golf rounds during September on a national level declined 2.3 percent in September 2014 compared to September 2013…
CenterStone Technologies Unveils Visual Guided Merchandising Product
CenterStone Technologies, Inc., the international developer of Web-based B2B e-commerce software, introduced a new guided merchandising platform, with new capabilities for branded suppliers, their sales reps and retail buyers. Through this platform, know
Adidas Announces Movember Partnership
Adidas has become an official partner of The Movember Foundation. The global organization is committed to generating funds and raising awareness for prostate cancer, testicular cancer and mental health…
Shimano Results Indicate US Bike Sales Rebounded Strongly in Third Quarter
Sales at Shimano's Bicycle Components segment grew by 33.2 percent during the third quarter, indicating U.S. bike dealers recovered many of the sales lost in the second quarter, when cold and wet winter weather lingered longer than usual across much
Vista Outdoor Inc. Spin-Off in Doubt Following Virginia Rocket Explosion
The spectacular failure of an unmanned space rocket in Virginia Oct. 28 could kill Alliant Teksystems Inc.'s plans to spin off its Outdoor Sports segment, which includes Bushnell and a host of firearms and ammunition brands…
Crocs Turnaround Stalls in China
Crocs’ restructuring efforts started to show some pay offs in the Americas and Europe. Unfortunately, its business in China worsened. Operating earnings tumbled 93.8 percent in the third quarter to $1.1 million after $17.4 million in restructuring a
Garmin Affirms Full-Year Margin Forecast Despite Lower Q3 Operating Margins
Garmin Ltd. reported operating margins declined at its fast growing Fitness and Outdoor segments as it cranked up spending on advertising and research to stay ahead of the game in the fast growing, but increasingly crowded wearables market…
Columbia’s Third Quarter Growth Nearly As Balanced as It Is Robust
Columbia Sportswear Company reported net sales grew 29 percent to a record $152.2 million in the third quarter with nearly equal contributions from existing and new businesses. Organic sales growth, led by Columbia and Sorel footwear, generated $73.3 mill
Abby Wambach Endorses Head Impact Sensor
Triax Technologies Inc has teamed with Abby Wambach, U.S. Women's National Team and all-time high-goal scorer known for her spectacular headers, to launch the SIM-P (Smart Impact Monitor) to support long-term player health and safety…
Shimano Sees Brisk Bike Components Sales in North America
Shimano Inc. reported sales for the nine months ended Sept. 30 were up nearly 21 percent compared with the same period last year thanks in part to a weaker yen. Sales of of Bicycle Components were brisk in North America, while sales of Fishing Tackle were
Sturm, Ruger Q3 Profits Tumble
Sturm, Ruger & Company, Inc. reported net earnings tumbled 76.3 percent to $6.78 million, or 34 cents a share. Revenues fell 42.5 percent to $98.3 million. The sales decline was attributed to the reduction in overall consumer demand as well as retailers b
Boot Barn Prices IPO
Boot Barn Holdings, a western apparel and footwear retailer with 158 stores in the US, raised $80 million in its initial public offering. The company offered 5 million shares at $16, the high end of its $14-$16 price range…
TIA Data Points to Improving U.S. Tennis Market
Tennis Industry Association reports that wholesale shipments of tennis products improved in the third quarter, with shipments of balls up mid-single digits and sales of high-end racquets up a surprising…
