Active Ride Shop has received an undisclosed investment from Tengram Capital Partners with a plan to accelerate its expansion. As a part of Tengram’s investment, Rick Mina, a former Foot Locker executive, will join the action sports chain’s bo
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Action Sports Firm Pacific Vector to Liquidate
Pacific Vector Holdings Inc., formerly known as Gatorz Inc., is liquidating its three subsidiaries – Ryderz Compound Inc., Reno Wilson Inc. (operating as Gatorz), and PVH DNA Inc. – through voluntary Chapter 7 bankruptcy petitions. The move was attribute
SFIA to Help Launch Sports Tech Marketplace at Consumer Electronics Show
In a partnership with the Sports & Fitness Industry Association (SFIA), the 2015 International CES – commonly known as the Consumer Electronics Show – will see the debut of the Sports Tech Marketplace, a showcase highlighting the latest in sports technolo
Brunswick to Divest Bowling Businesses
Brunswick Corporation reached an agreement to sell its retail bowling business to Bowlmor AMF for $270 million. As a result of the sale, the company also said it plans to divest its bowling products business, which includes a wide range of balls, bags, sh
Field and Stream Plans Openings for Columbus, OH and Cary, NC
Field & Stream, owned by Dick's Sporting Goods, announced grand-opening festivities for stores in Columbus, OH and Cary, NC…
LaCrosse Footwear Acquires White’s Boots
LaCrosse Footwear has acquired the White's Boots Inc., which makes custom boots for logging and other commercial applications. Terms of the deal weren't disclosed…
Wellco Parent Files for Bankruptcy
Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear businesses include Wellc
Brunswick Sells Retail Bowling Business to Bowlmor AMF
Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is targeting to c
James Overtakes Jordan as America’s Favorite Sports Star
With his celebrated decision to return to play for his hometown Cleveland Cavaliers, LeBron James has moved a step ahead of Michael Jordan to become America's favorite sports star, according to The Harris Poll. In the similar poll last year, the reve
Propét USA Appoints VP of Marketing
Propét USA, known for its comfort and walking shoes, promoted Jillian Avey to VP of marketing…
Longstreth Sporting Goods Hires Softball Manager
Longstreth Sporting Goods hired Ali Lowe as softball manager…
RECALL: Bollinger Fitness Resistance Bands
About 63,000 fitness resistance bands from Bollinger Fitness are being recalled…
Gander Mountain to Open 4th Houston Location
Gander Mountain plans to open a new location in Houston in the fall…
Hammer Signs Deal with DryWear Apparel on Performance Line
Hammer Strength, a Life Fitness brand, signed an exclusive licensing agreement with DryWear Apparel, LLC. to market a line of base layer clothing with moisture management technology under the Hammer Strength Apparel label…
Jordan Brand Signs Jabari Parker
Jordan Brand has signed an endorsement deal with Jabari Parker, the second pick in the NBA draft selected by the Milwaukee Bucks…