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Prague-based Colt CZ Group SE announced that Radek Musil will be stepping down as chief executive officer and vice chairman of the Board of Directors of Colt CZ for personal reasons, effective September 30.
The company’s Supervisory Board has accepted his resignation.
New Balance has been awarded a major federal contract to produce athletic shoes for U.S. military service members, with the footwear set to be manufactured at the company’s facility in Skowhegan, ME.
Under the three-year contract, the agency could purchase up to 540,000 pairs of athletic shoes, with a guaranteed minimum order of 22,000 pairs per year. The shoes will be...
Angled Spade Technologies (AST), the firearms company, hired Joe Timbo as vice president of sales.
Timbo leads AST’s commercial strategy across its direct-to-consumer channel and expanding dealer/distributor network. He is working directly with ...
On signed a major endorsement deal with Kylian Mbappé to mark its official entry into the soccer (global football) category. The Real Madrid star officially ended his nearly 20-year partnership with Nike. Additionally, On named retired football legend Thierry Henry as its director of football after he worked behind the scenes on the project for months.
On, which starte...
Beretta Holding has launched an offer to more than double its stake in U.S. sporting firearm manufacturer Sturm, Ruger & Co. as part of a strategic partnership the two firms agreed in May.
Beretta Holding is offering $44.80 per share to secure up to 25 percent of Sturm Ruger, up from a current stake of 9.93 percent.
Beretta said the tender offer price repres...