A majority ownership of Timbuk2 Designs was acquired by private equity investors. Terms of the deal were not disclosed. The equity investment is led by a new San Francisco private equity fund, VMG Equity Partners, and the Washington, D.C.-based fund, Capi
Author: SGB Media
Liz Wilson Promoted to Key Accounts Director at SportHill
Jim Hill, President of SportHill, announced the
promotion of Liz Wilson to the newly created position, Director of National and International Key Accounts. Liz Wilson began her career at SportHill in the early 90s in the shipping department, progressing t
SIA Adds New Sales and Marketing Manager
SnowSports Industries America hired John “Reddy” Kennedy the Central Regional sales and marketing manager covering states and provinces in the central United States and Canada. Reddy will help expand sales of SIA’s products as well as service the needs of
Johnson Outdoors Acquires Two Marine Electronics Brands
Johnson Outdoors added to its portfolio of, outdoor recreational brands with Cannon downriggers and Bottomline fishfinders. The brands and assets were acquired in a cash purchase from Computrol of Boise, Idaho, a wholly owned subsidiary of Armstrong Inter
RBK Hockey Inks Endorsement Deal with Datsyuk
Reebok signed a multi-year endorsement agreement with Russian superstar Pavel Datsyuk. The Red Wings center has made the switch to Reebok and will take to the ice in head-to-toe Rbk Hockey equipment and apparel. Datsyuk is the newest edition to the Rbk
MoMA Exhibit Features Brunton SolarRoll
Brunton's SolarRoll 14, waterproof, flexible solar panel will be included in an upcoming display at the esteemed New York City Museum of Modern Art (MoMA)…
REI Plans New California and North Carolina Stores
REI plans to open two stores, oni in Santa Monica, Calif., and one in Pineville, N.C. The Santa Monica will open in the Spring of 2006 at the corner of Fourth Avenue and Santa Monica Boulevard. The store in Pineville, a suburb north of Charlotte, N.C., wi
Umbro Acquires 25% Stake in China Distributor
Umbro has entered into an agreement to acquire a 25% stake in Team & Sports Ltd., the current licensee distributing Umbro product in China, Hong Kong and Taiwan. Umbro will pay a total consideration of $12 million for the stake in the company.
Luxottica Acquires China Eyewear Chain
The Luxottica Group will acquire Ming Long Optical, the largest premium optical chain in the province of Guangdong, China. As a result, the Group becomes the leading operator of premium optical stores in China, with a total of 278 locations in two of the
Garmin Acquires MotionBased Technologies
Garmin acquired MotionBased Technologies, a privately held developer of web based applications for GPS devices. MotionBased Technologies will continue operations as a division of Garmin International, Inc., a subsidiary of Garmin Ltd. Financial terms were
Miôn Taps Outdoor Sports Marketing to Cover South
Miôn footwear hired Outdoor Sports Marketing as the company’s new sales representative agency for the South. Outdoor Sports Marketing is composed of Nolan Davis, Rion Smith, Scott Eddins, Martin Wilkinson and Tavia Davis. The team covers the states of Flo
Interbike: Bike Market is Hitting on All Cylinders…
Interbike couldn’t have been better. The energy on the floor – from retailers and vendors alike – surpassed previous years, even with a few hurdles to overcome. Most retailers are having a banner year so far, with a strong early spring and even stronger s
Fly Fishing Retailer Sees Optimism Mix with Elitism…
The Fly Fishing Retailer World Trade Expo in Denver Colo. again came to a close with healthy attendance and an increase in square footage and exhibitors. Larger booths and the addition of 26 new exhibitors contributed to the 3.9% increase in booth space w
Enge Exits GM Role At Hind; Takes Stake in Zoot Sports…
Zoot Sports Inc., a triathlon sports apparel and competitive racing wet suit company has tapped former Hind general manager Brian Enge as its CEO, effective immediately. Enge resigned his post at Saucony’s Hind apparel division last week…
Altama Delta Awarded Military Contract…
Altama Delta, the sister company of Royal Robbins, was awarded a maximum $11.2 million fixed price contract for boots for Army and Air Force with economic price adjustment. Contract funds will not expire at the end of the current fiscal year. The contra