GoPro to Raise $100 Million in Secondary Offering
GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti
Vibram Class Action Settlement Draws 154,927 Claims
Nearly 155,000 claimants will share $2.26 million Vibram USA set aside earlier this year to settle a class action lawsuit alleging the company used unsubstantiated claims to market it Vibram FiveFingers shoes. The numbers mean claimants will receive about
Accell Reports Strengthening Sales and Profitability
Accell Group NV, the Dutch company that sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, expects to book higher sales and profits in the second half based on developments through October…
Rossignol Partners with Sandbridge Capital to Launch Apparel Business
Sandbridge Capital announced that it has acquired a minority stake in Rossignol with the intent of helping the French ski equipment manufacturer launch an apparel subsidiary and become a global, sports-inspired fashion brand…
Hillsound Equipment Welcomes Camille Egdorf to Fly Fishing Ambassador Team
Hillsound Equipment, the maker of winter and fishing footwear traction and gaiters, added fly fishing guide, Camille Egdorf, to the brand’s ambassador team…
ComScore Forecasts 16 Percent Holiday E-Commerce Growth
ComScore forecasts total online retail spending for the November–December period will reach $61.0 billion, representing a 16-percent gain versus year ago…
Performance Sports Group Adds Board Member
Performance Sports Group Ltd., the parent of Bauer, announced that Larry Lucchino, president/CEO of the Boston Red Sox, has joined the company’s board of directors…
Pacific Brands Sells Footwear, Apparel Businesses
Pacific Brands entered into three unconditional agreements to sell its Brand Collective business in the Footwear, Apparel and Sport categories. Its wholly-owned footwear brands, Volley, Grosby and Julius Marlow, will be sold to a PE firm. The licenses for
HeavySwing Partners to Enhance Player Development
The Baseball Factory and Softball Factory will use HeavySwing’s original handle-weighted training bat as its Official Training Bat to train prospective college athletes proper swinging, stretching and strengthening techniques…
Faction Collective to Make Roxy Ski Line
The Faction Collective will design and manufacture a new range of freeride and freestyle skis for Quiksilver Inc.’s Roxy brand that will hit retailer shelves in autumn 2015…
Coolcore Names International Distributors
Coolcore, which makes Dr. Cool Recovery-On-The-Go ice and compression wraps, has added new distributors in Asia, Oceana and Latin America…
GoLite Enters Liquidation
GoLite LLC began liquidating Friday after no bidders emerged to buy the company as a going concern. Hilco Merchant Resources LLC, which served as the company's stalking horse bidder, kicked off going-out-of-business sales at GoLite's six remaini
Clif Bar’s Decision to Drop B.A.S.E. Jumpers Spurs Debate
Clif Bar reinvigorated an industry debate about how brands should approach sponsoring athletes who participate in high-risk activities when Outside magazine reported it dropped five climbers from its athlete roster because they appeared in a film particip
STX and Schutt Partner on Lacrosse Helmet
Baltimore-based STX, LLC partnered with Schutt Sports on the Stallion 500 lacrosse helmet…
GearUp to Distribute Figo Bike Rack
GearUp, Inc. has obtained the exclusive marketing and distribution rights to the new Cool Bike Rack bicycle storage system for the US marketplace through an agreement with Peruzzo s.r.l. of Rossano Veneto, Italy…
