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Blue Competition Cycles revenue keeps hitting double digits

In 2010, Blue Competition Cycles saw revenue grow by 38%, just a year after posting a 32% revenue gain. Blue is expecting to build...

Active Network in US$150 million IPO

Event registration services firm Active Network Inc has an Initial Public Offering (IPO) on the table, to raise up to US$150 million, according to...

Skirt Sports goes up a size!

Skirt Sports, inventor of the original fitness skirt and a key player in the women's fitness apparel industry, has aggressive growth plans for 2011....

Nike reports strong fiscal second quarter

Nike Inc has reported financial results for its fiscal 2011 second quarter ended 30 November 2010. Revenue reached US$4.8 billion; up 10% year on...

Aqua Sphere UK turnover up again in 2010

Aqua Sphere has announced significant year on year sales growth for the fifth year running. Exceeding its forecast for 2010, the brand reports that...

Amer Sports raising €30 million

Amer Sports Corporation, owner of Suunto and Mavic, has taken out a €30 million ‘Schuldschein’ loan targeted at international investors. Originating in Germany, a Schuldschein...

Under Armour CEO to sell more than 1 million shares

Kevin Plank, the CEO of sports apparel company and sports compression specialist, Under Armour, plans to sell up to 1,125,000 personal Class B shares...

Nike increases quarterly dividend

Nike Inc announced yesterday that its board of directors has declared a quarterly cash dividend of US$0.31 per share on the company's outstanding Class...