Nike Partnering with MIT
The MIT Leaders for Global Operations (MIT LGO) program has gotten a major boost to its roster of partner companies with the addition of three new firms — Beth Israel Deaconess Medical Center (BIDMC), Nike Inc., and Verizon Wireless — which will benefit
Cybex Gets Reprieve on Nasdaq Stock Listing
Cybex International Inc., the fitness equipment provider, said that on Nov. 15 it received a letter from Nasdaq notifying the company that the Nasdaq Hearings Panel granted the company's request for continued listing on Nasdaq. The approval was subj
Lifetime Products Acquires Emotion Kayaks
Lifetime Products has acquired the assets of Pennsylvania-based Emotion Kayaks, adding the company’s kayaks to Lifetime’s extensive line of water sports products.
Thomas Strauss, president of Emotion Kayaks, will be joining the Lifetime team
Dreams Inc.’s Q3 Sales Rise 23 Percent
Dreams, Inc., the parent of FansEdge, reported total revenues in the third quarter increased 23 percent to $24.4 million from $19.8 million in the third quarter of 2010. This was primarily attributable to a 39 percent increase in e-commerce revenues to $1
Maverik Lacrosse to Outfit Whittier College
The Whittier College men’s lacrosse team is the latest NCAA Division III program to sign a multi-year equipment deal with Maverik Lacrosse…
ASTM Approves Standards for Trailer Cycles
A new voluntary ASTM International bicycle standard, developed to assist manufacturers in testing trailer cycles, intended to be pulled behind bicycles, has been approved by ASTM International…
Specialized to Recycle Competitors’ Carbon Frames
Specialized will accept carbon bicycle frames made by competitors when it kicks off its carbon recycling efforts in January, the California bike company announced. Specialized will provide details on the logistics of the operation to dealers in January…
RECALL: Keds Girls’ Shoes
About 45,000 of Keds “Know It All” girls shoes are being recalled. Collective Brands, Keds parent, has received 27 reports of cuts and scratches resulting from metal stars that loosened from the heel of the shoe…
Phoenix Footwear Q3 Revenues Rise 6.8 Percent
Phoenix Footwear Group, Inc. said sales totaled $4.7 million in the third quarter ended Oct. 1, compared to $4.4 million in the prior year comparative period. The increase in net sales for the quarter is primarily due to improvements in the supply chain i
Lenzing’s Modal Fiber Shipments Set Record in Third Quarter
Shipments of Lenzing Modal cellulosic fiber, increasingly popular with outdoor brands looking for renewable fibers, reached record levels in the third quarter, the Austrian textile company reported…
American Rec Takes Over Canadian Distribution for Two Brands
Canadian Recreation Products (CRP), a division of American Rec based out of GTA, Ontario, is expanding effective immediately to manage sales and product distribution for Sierra Designs and Ultimate Direction in Canada…
Cabela’s Mobile App Named Finalist for MOBI Award
Cabela’s Inc. announced that Digiday, the authority on digital media, marketing and advertising, recently named Cabela's new mobile app as one of the finalists in the 2011 MOBI Awards in the Best E-Commerce/Retail category…
Sherbrook SBK Sport’s CFO Resigns
Sherbrook SBK Sport Corp. announced the resignation of Marc-Andre Watson as director and CFO of Sherbrook SBK Sports Corp. Sherbrook SBK Sports Corp. is seeking fulfill this open position in very near future…
Mike Edwards Becomes Chairman of Wicked Quick
Mike Edwards, former CEO of Lucy Activewear, has been named chairman of another Portland apparel brand, Wicked Quick Industries Inc…
Remington Arms’ Parent’s Q3 Revenues Slide
Freedom Group, the parent of Remington Arms, Barnes Bullets and Mountain Khakis, earned $1.7 million in the third quarter ended Sept. 30, against a loss of $600,000 a year ago. Revenues were down 4.6 percent to $198.0 million from $207.6 million. Firearms
