Study Proves McDavid Ankle Braces Significantly Prevent Injuries
Lace-up ankle braces are designed to prevent acute ankle injury in amateur athletes. But until now, that statement wasn't backed up with any hard-core evidence…
Finish Line Authorizes 5 Million Share Repurchase Program
The Finish Line, Inc. announced that its board of directors has authorized a new share repurchase program to buy back up to 5 million shares of the company’s Class A common shares, or approximately 9 percent of the aggregate Class A and Class B comm
Tennis Industry Association Adds Board Members
The Tennis Industry Association has added David Malinowski, the tennis category manager for adidas, and Fred Stringfellow, the executive director of the American Sports Builders Association (ASBA), to its board of directors…
RECALL: Swix Sport Ski Helmets
About 800 Uvex Funride ski helmets imported by Uvex Sports, of Cranston, RI and Swix Sport USA, of Haverhill, MA are being recalled. The U.S. Consumer Product Safety Commission said the helmet provides insufficient shock absorption and resistance to penet
Sherbrook SBK Sport Modifies Private Placement
Sherbrook SBK Sport Corp. disclosed new terms of its pending private placement. The Quebec-based ice hockey company will now proceed with a private placement in equity of up to 40,000,000 units of the corporation at a price of 10 cents per unit…
Mark Lardie to Head Rack Room’s U.S. Operations
Mark Lardie, formerly president for wholesale operations of Brown Shoe, has become the president and CEO of U.S. operations of German-based Deichmann Group, which operates the 390-unit Rack Room chain in the U.S. The hiring was identified in a lawsuit fro
NRF: Back-to-School Sales Expected to be Flat
According to NRF's 2011 Back-to-School survey conducted by BIGresearch, families with children in grades K-12 will spend an average of $603.63 on apparel, school supplies and electronics, within a few dollars of last year's $606.40 average. Tota
Fila USA Inks Accessories License
Fila Luxembourg, S.a.r.l entered into a multi-year licensing agreement with Berkshire Fashions Incorporated for the design, manufacture and sale of Fila branded accessories for the US market. The line will launch in Fall 2011 and will feature a wide vari
$214M in Small Business Lending Funds Disbursed to Banks
The U.S. Department of the Treasury has distributed another $214 million from the Small Business Lending Fund (SBLF), which aims to spur small busines lending by banks holding less than $10 billion in assets. The faster the 17 banks lend out the money, th
Hat World Expands Warehouse Space
Hat World, Inc., which operates the Lids chain as well as the Lids Team Sports business, has added 150,000 square feet of warehouse space at its second facility in Indianapolis, doubling the square footage at that location. The retailer and manufacturer o
Lids Inks Deal for Fan Shops with Universities
Lids Sports Group recently partnered with a number of universities to operate their on-campus fan shops. The colleges include Indiana University, the University of Iowa and Texas Tech University…
Gerber Exec Takes Reins at Knife Advocacy Group
Bill Raczkowski, who manages the knives category for Gerber Legendary Blades, has been named president of the American Knives & Tool Institute (AKTI)…
Teko Hires Wasatch Reps
Teko Socks announced today the hire of Wasatch Reps for sales representation in the Extended Rocky Mountain region, which includes Utah, New Mexico, Colorado, Wyoming, Idaho and Montana…
Jack Wolfskin Acquired by Blackstone Group
Blackstone, the multi-billion investment company, agreed to acquire Jack Wolfskin GmbH & Co KGaA from Quadriga Capital and Barclays Private Equity. While the transaction is still subject to approval by the regulatory authorities, Blackstone named a former
Roanoke, VA. Continues Push for Outdoor Businesses
The Roanoke Region in Virginia compares favorably to such outdoor destinations as Asheville, NC; Chattanooga, TN and Boulder, CO when it comes to outdoor recreational amenities, according to a study released by the Roanoke Regional Partnership. The Roanok
