Author: Andy Polk

The filing in the U.S. Bankruptcy Court in Wilmington, DE listed assets of $38.6 million and $39.6 million in liabilities. According to court papers, vendors owed about a million include Nike, Under Armour, Asics, Patagonia and The North Face while those owed close to half...

Nike presented a check for $200,000 to Special Olympics Oregon, which has served over 4,000 participants since 2007. The donation will support Unified Sports, a program that provides extracurricular sports opportunities for children, youth and adults in over 30 Oregon communities. ...

Newton Running has appointed footwear industry veteran Joe O’Neil as its new CEO. O’Neil, who replaces Newton co-founder Jerry Lee as CEO, will lead operations, product development, sales, marketing, merchandising and finance. Lee will remain as the company’s chairman, but he will shift his focus...

Shoes For Crews, a leader in slip-resistant footwear, has entered into a definitive agreement to be acquired by CCMP Capital Advisors LLC. The company’s founders, the Smith family, will rollover a portion of their equity as part of the transaction....