Six members of the American Sportfishing Association (ASA) were elected or re-elected to fill three regional seats and three at-large seats on the board of directors. Their terms begin Oct. 1, 2014, and they will serve two-year terms. ASA’s board me
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Former Asics Europe Chair Buys Control of Karhu Holding BV
The former chairman of Asics Europe has recapitalized the Finnish footwear company Karhu Holding BV in a deal that makes his family the company's largest shareholder…
GoPro Shares Up 30 Percent in First Day of Trading
GoPro Inc. shares closed at $31.34 on their first day of trading on the NASDAQ Thursday, marking one of the more successful initial public offerings of the year. The company had priced its IPO shares at $24, which valued the company at about $2.96 billion
Fanatics CEO Joins Kate Spade’s Board
Kate Spade & Company elected Doug Mack, Fanatics CEO, to its board of directors…
NFL, Players Amend Concussion Settlement
The National Football League and counsel for the retired player plaintiffs announced a revised settlement agreement in the NFL concussion litigation pending in the U.S. District Court for the Eastern District of Pennsylvania. In the revised agreement the
Foot Locker to Shutter CCS
Foot Locker, Inc. announced the strategic transition of its skate business from its CCS banner to Eastbay. Over the next several months, the CCS digital sites will continue to service the skate customer who recognizes the exceptional range of skate-inspir
Brooks Announces Finalists for Inspiring Coach Awards
Brooks Running Co. announced the 25 high school coaches who will be considered for the 2014 Inspiring Coach of the Year Award. The award goes to a high school coach who goes above and beyond for their team and community, inspiring them to run and grow in
Adidas Outdoor to Sponsor Libby Sauter
Adidas Outdoor said rock climber and slackliner Libby Sauter, 29, has joined its roster of athletes. In the fall of 2013, Sauter, along with climber Mayan Smith-Gobat, set the female speed record for climbing The Nose of El Capitan…
SFIA Opposes D.C. Gym Tax
Washington D.C. City Council members approved a city sales tax on gym memberships and yoga classes for the first time earlier this week in a 9-4 vote among the council’s 13 members. D.C.-area based Sports & Fitness Industry Association (SFIA), has s
SFIA Concerned of Potential West Coast Port Strike’s Impact on Members
The current Collective Bargaining Agreement between the Pacific Maritime Association (29 west coast ports) and the International Longshoreman's Workers Union (20,000 workers) expires on June 30. If the ongoing negotiations do not yield a new agreemen
HanesBrands to Acquire DBApparel
HanesBrands intends to acquire DBApparel of France from Sun Capital Partners, Inc., provided consultation with European and French works councils representing DBA employees is completed and customary closing conditions are met. DBA is a leading marketer o
Nikwax to Sponsor Solo Row from Japan to California
Nikwax athlete and accomplished paddler Sonya Baumstein currently is training to be the first person to complete a 5,700-nautical mile solo row from Choshi, Japan to San Francisco, CA in 2015…
Lole Opens Store in Manhattan
Lole, the Montreal-based women's fitness fashion brand, recently opened a store in New York City, its second in the U.S. The store is located in the SoHo district on Mercer St…
North America/Western Europe Drives Nike Q4
Nike Inc. reported a modest gain in earnings in the fourth quarter ended May 31, slowed by World Cup marketing investments. But results topped Wall Street's estimates by 3 cents a share. More impressively, revenues grew 10.9 percent to $7.43 billion
RECALL: Tern Folding Bicycles
Stile Products is recalling 670 Tern Folding Bicycles. The bike’s frame can crack at the hinge on the top tube, posing a fall hazard…
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