February 05, 2019 Tiger Group Wins Bid for Performance Bicycle Parent
Following the confusion around Head Sports’ winning bid at the ASE bankruptcy auction last week, a new bidder stepped up with a successful $23,018,000 offer that was approved by the presiding judge. Foot Locker Realigns EMEA, Asia Pacific Leadership
Big Foot is realigning its organizational operating model into three geographical regions: EMEA, Asia Pacific, and North America and promoted two executives to lead the international businesses. Olin’s Winchester Segment Sees Lower Demand in Q4
Winchester ammunition sales dropped 12% in the fourth quarter to $145.5 million from $165.4 million on lower commercial sales and lower product prices compounded by a less favorable product mix, though military sales were strong. Highby Outdoors Finally Launches
The outdoor e-tailer started by ex-Cabela’s employees opened for business at HighbyOutdoors.com after a DE district court denied last week an injunction sought by the founders’ former employer. Genesco Closes Lids Sale to FanzzLids
GCO will receive about $101 million in cash from the sale, which is still subject to working capital and other adjustments, and will also realize a tax benefit estimated at $30 million. Outdoor Voices Taps Nike and Under Armour Vet as President
The fast-growing Austin, TX-based activewear brand hired industry veteran Pamela Catlett as president and COO, joining founder and CEO, Tyler Haney to lead the company’s growth. Parsons Xtreme Golf Settles with TaylorMade
PXG and TaylorMade announced they had reached a settlement of the 2017 patent infringement suit that gives each company specified rights to make club products under patent cross-licenses. Gladiator Lacrosse Buys All Ball Pro
Gladiator is buying its competitor in the lacrosse rebounder market, and will add All Ball Pro’s line of patented high-end rebounders to its portfolio, giving it better penetration into collegiate and professional lacrosse programs. Etcetera: Academy Sports, Crocs, Kupper Mounts, BSN Sports
|