StockX has retained Morgan Stanley and Goldman Sachs Group, Inc. to explore a planned U.S. initial public offering as soon as the first half of 2022, sources told Bloomberg.
Author: SGB Media
Big 5 Sees Q4 EPS Well Above Guidance
Big 5 Sporting Goods Corporation pre-announced fourth-quarter results for the period ended January 2 that showed earnings came in above company guidance due to margins coming in significantly ahead of plan. Steven Miller, the company’s CEO, said in a statement, “While issues surrounding the pandemic are ongoing, we believe the business is in a great position heading into 2022.”
USA Rugby Signs Apparel Deal With Castore
USA Rugby has announced a six-year apparel deal with UK-based sportswear company Castore.
TaylorMade’s New Debt Issue Assigned B Rating From S&P
S&P Global Ratings assigned a ‘B’ issuer credit rating to TaylorMade. The rating assignment come as TaylorMade Holdings Inc. announced plans to raise a seven-year, $1.05 billion senior secured term loan B to refinance debt.
Fitness Tech Company Myzone Hits $102M Valuation After BGF Investment
Myzone, the manufacturer of wearable fitness tracking technology, has secured a $17.2 million investment from BGF, the UK’s growth capital investor, alongside tech entrepreneur Vin Murria OBE, who also joins as Non-Executive Chair.
Cool Clubs Opens Clubfitting Studio In SunRidge Canyon
Cool Clubs announced the opening of a Cool Clubs Fitting and Performance Center at SunRidge Canyon in Arizona, its newest of 23 golf club fitting centers worldwide.
Arc’teryx Closes 2021 With 21 Global Retail Openings
Arc’teryx announced it opened 21 stores internationally in 2021. The company also celebrated its first ReBird Repair and Service Center in New York with plans to establish more centers as the brand expands its ReBird circularity initiatives in 2022.
Generation Growth Capital Acquires Killer Instinct
Generation Growth Capital Fund III, LP (GGC), a Milwaukee-based private equity firm, announced the acquisition of Killer Instinct Inc. Based in Frankenmuth, MI., Killer Instinct is a maker of archery and archery accessories.
Floyd’s Of Leadville Introduces Immunity CBD Tincture Oil
Athlete-focused CBD manufacturer, Floyd’s of Leadville, is expanding its line with Immunity CBD Tincture Oil that infuses CBD with herbs, extracts and vitamins. The oil contains THC-free CBD blends in combination with Grapefruit Extract, Elderberry, Licorice Root, and Vitamin C to give the body’s defenses natural support. For more product information, go here. Photo courtesy […]
Under Armour To Close Store In Downtown Detroit
Under Armour Inc. reportedly plans to close its store in downtown Detroit, according to Crain’s Detroit Business.
Bern Helmets Partners With Lindsey Jacobellis
Bern Helmets announced its partnership with snowboarder Lindsey Jacobellis. During upcoming competitions for the 2022 winter season, Jacobellis, a four-time Olympian, will wear a custom-built purple Carbon Macon helmet. Born in Danbury, CT, Jacobellis started snowboarding at age 10, racing at Stratton Mountain in Vermont. Jacobellis is a six-time World Champion, a ten-time X Games gold […]
Soccer Shots Secures Investment
Soccer Shots, the youth soccer franchisor, has secured an investment from Susquehanna Private Capital. Terms of the transaction were not disclosed.
Backcountry Partners With Shaun White
Backcountry announced that it has partnered with three-time Olympic gold medalist and winner of the most X Games gold medals, Shawn White, to launch Whitespace, his active lifestyle brand. “What makes action sports so incredible is that they are a melting pot for music, art and culture. A community where everyone is welcome and encouraged […]
Columbia Sportswear Appoints VP, U.S. Sales, Columbia Brand
Columbia Sportswear Company announced it has named Jim Beeman as vice president, U.S. sales for the Columbia brand. He was at Nike for 22 years.
Dermatone Expands Sunscreen and Skin Protection Portfolio
Dermatone, the official sunscreen, lip balm and frostbite products of U.S. Ski & Snowboard Team, announced it has expanded its outdoor skin protection offerings with three product collections: Mineral Sunscreens, Sport Sunscreen Lotions and an Anti-Chafe Body Stick, a non-SPF product. “Proper skin protection has become so important that we have to go beyond applying sunscreen […]
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