Pro-Tec Athletics welcomed Carlos Serrano as its new director of sales. Serrano joins Pro-Tec with over 13 years of experience in sales, including more than eight years with Merrell in the sporting goods/outdoor industry.
Author: SGB Media
Super Heroic To Develop Nerf Apparel And Footwear Line
Hasbro Inc. and Super Heroic Inc., the kids sneaker brand, announced a licensing agreement to bring Nerf-branded kids’ apparel and footwear to market this August. The line will be available at select Foot Locker and Kids Foot Locker stores.
Barneys New York Files For Bankruptcy Protection
Barneys New York filed for bankruptcy protection and announced plans to close 15 of its locations.
Garmin Adds Golf Legend Greg Norman As Ambassador
Garmin announced a new partnership with golf legend and businessman Greg Norman to be its global brand ambassador.
Trade War Escalates With Currency Manipulation Charges
China allowed its currency to drop sharply on Monday to the weakest level in more than a decade, prompting the Trump administration to take the historic step of labeling China a currency manipulator.
Xtep Closes K-Swiss Acquisition
Xtep, the China-based sports company, closed its acquisition of E-Land Footwear USA Holdings Inc., the owner of the K-Swiss, Palladium, Supra, PLDM and KR3W brands for $260 million.
Behind The Deal: ‘Sky’s The Limit’ After Sherrill’s Acquisition Of Sterling Rope
Tripp Wyckoff, president and CEO of Sherrill Inc., the Greensboro, NC-based distributor and retailer of arborist tools and climbing equipment, takes SGB behind the deal of the company’s recent acquisition of climbing rope manufacturer Sterling Rope Co. Inc. The company has big plans for its newest asset.
Clarus’ Revenue Ticks Up As Earnings Slip
Clarus Corp. on Monday reported second-quarter revenue increased 2 percent to $47 million, which beat analysts’ estimates by $1.3 million. Adjusted net income before non-cash items was $1.5 million, or 5 cents per diluted share, compared to $2.6 million, or 9 cents per diluted share in the year-ago quarter. That missed Wall Street’s estimates by 2 cents a share.
Gaia Sees Robust Subscriber Growth In Q2
Gaia, Inc. reported a 32 percent increase in revenues in the second quarter, driven by 26 percent subscriber growth. Subscriber count increased to 582,200 as of June 29, 2019 from 463,200 on June 30, 2018. The loss from operations was reduced 30 percent to $4.5 million “We continue to make meaningful progress on improving the […]
Anytime Fitness Targets Growth In Rochester and Buffalo, NY
Anytime Fitness recently announced plans to introduce more than 25 new gyms in targeted areas throughout New York with a specific focus on the markets of Rochester and Buffalo.
Outdoor E-Commerce Retailer Backcountry Edge Rebrands As Enwild
In the works for more than two years, outdoor gear and apparel e-commerce retailer Backcountry Edge has rebranded and is now known as Enwild.
Topgolf To Open Newest Venue In Thornton, CO
Topgolf Entertainment Group on Monday announced plans to open its latest Denver-area location in the suburb of Thornton at 9 a.m. Friday. The new, three-level, 65,000-square-foot venue is the company’s 56th location worldwide.
Full Stack Supply Co. Bolsters North American Growth With New Hires, New Denver HQ
Full Stack Supply Co. (FSSC)—parent of Faction Skis and FW Apparel—has announced two senior executives to FSSC’s North American team and the grand opening of its new NA headquarters and showroom in Denver, CO.
Sportsman’s Warehouse Appoints Phil Stevens As CTO
Sportsman’s Warehouse Holdings Inc. on Monday announced the appointment of Phil Stevens as chief technology officer, effective August 5.
Amphipod Appoints VP Of Marketing, Engagement And Athlete Programs
Amphipod announced the appointment of Linda Glassel as vice president of marketing, athlete programs and brand engagement. The addition of Glassel builds upon the company’s momentum and innovation leadership position in the road and trail running hydration and training accessory product categories.
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