The family-owned rowing equipment maker has divested its equity to the Concept2 Perpetual Purpose Trust for undisclosed terms. The trust will direct the company's management and operations so that ...

The B-Corp-certified adventure lifestyle brand hired former REI exec, Craig Rowley as chief marketing officer, and named Sara Westbrook SVP product & merchandising. Westbrook's resume includes ...

Fossil Group hired Joe Martin, a former Adidas executive, as chief commercial officer, and Antonio Carriero, a former Salomon CIO, as chief digital information officer and GM of the EMEA region.++++ ...

The bottom line swung to a loss of SEK 37 million ($3.4 mm) in the fourth quarter, hit by costs related to the acquisition of Quad Lock, against a profit of SEK 24 million as revenues ticked up 7% to ...

Net income jumped 27% in the fiscal third quarter ended Dec. 31 to ¥4,512 million ($29.6 mm) from ¥3,540 million, on 4% higher revenues of ¥55,751 million ($365.8 mm) up from ¥53,540 million. Gross ...

The resort operator saw S&P Global lower its unsecured notes rating to BB- from BB, after MTN amended its credit agreement to add $450 million of delayed draw term loans and increase its revolver ...

Red ink gushed at the action camera maker as final quarter net loss expanded to $37,191,000 from a loss of $2,418,000 a year ago, on 32% lower revenues of $200,882,000 down from $295,420,000.

Newell’s Outdoor & Recreation segment, which includes Coleman, Contigo, Campingaz, Marmot, and other brands, saw revenues decline 8% to $152 million in the final quarter, compared to $165 million last ...

After an extensive search to find a successor for retiring chief Walt Glazer, Escalade has chosen Gibson chief commercial officer Armin Boehm as its new CEO and President. Boehm will take the reins on ...

The Berkshire-Hathaway-owned running brand recorded another stellar year with sales improving 9% to about $1.3 billion, fueled by growth in every region and channel. It marked the eighth consecutive ...

Net income was just $1,234,000 in the fiscal third quarter ended Dec. 31, down 99% from $110,753,000 a year ago, as revenues contracted by 6% to $1,401,039,000 from $1,486,043,000, but Under Dog is ...

Net loss was reduced by 53% to $92.0 million in fiscal Q2 from $194.9 million last year on a revenue decline of 9% to $673.9 million from $743.6 million as the company’s turnaround efforts continued ...