China’s Wanda to Buy Ironman

Ironman bought

Providence Equity Partners said it reached an agreement to sell the Ironman triathlon series of races to Chinese real estate and entertainment giant Dalian Wanda Group for about $650 million plus the assumption of debt. The deal reportedly has a value of about $900 million and represents a quadrupling of Providence’s investment in World Triathlon […]

Carhartt Opens Flagship in Detroit

Carhartt Detroit

Carhartt officially opened the doors to its flagship retail store in Midtown Detroit. The building, located at 5800 Cass Avenue, is the former home of Cass Motor Sales and is listed on the National Register of Historic Places. The Carhartt store will occupy the first floor of the three-story, 51,000-square foot building and will carry […]

Lifefactory Closes $5m Growth Equity Financing

Lifefactory cafe collection

Lifefactory has closed a Series C growth equity financing of $5 million. The round was led by Silas Capital, with a $4 million investment, and participation from all major shareholders: Greenhouse Capital Partners, dCapital, FOFM and Big Sky Partners. The capital will be used to expand the team, accelerate product development and build the brand, said […]

CAMP USA Recalls Crampon Models

Camp USACassinBladeRunnerCrampon

Camp USA announced the recall of it Cassin Blade Runner and Blade Runner Alpine Crampons as well as its Tour Nanotech models. On the Blade Runners (pictured, top), the company said the crampons where the points connect to the crampons can break, leading to possible falls. As for the Tour Nanotech (pictured below), the heel […]

Fishpond Qualifies as B Corp.

Fishpond 2014

Fishpond announced that it recently earned certification as a B Corporation. This designation is a voluntary effort requiring businesses meet high standards for social and environmental transparency, accountability and performance. In its certification, fishpond earned high marks for its work in Washington on issues such as public lands access, water quality and quantity and more; the […]

Powered by WordPress