CIM Group and Seaholm Power LLC reached an agreement with Under Armour, Inc. to lease approximately 35,000 square feet of the low-rise building currently under construction at the Seaholm Power Plant project in Austin to support MapMyFitness' growth.
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Gutermann Sold to PE Group
KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. (“A&E”) will acquire substantially all of Gutermann Holding SE's global industrial and consumer thread business…
Lorpen Relocates North American Headquarters
Lorpen, the performance outdoor sock manufacturer with roots in the Spanish Pyrenees, has relocated its North American office in the Toronto area in order to support the growing needs of the company and staff…
NRF Asks Appeals Court to Overturn Swipe Fee Settlement
The National Retail Federation and the Retail Industry Leaders Association asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees…
Adidas Outdoor Appoints Business Manager of Key Accounts
Adidas Outdoor appointed Peter Schuster as business manager of key accounts for the U.S. Schuster has more than 20 years of experience in sales, most recently director of sales for national accounts and national account channel sales manager for tradition
Implus Adds FitDeck to Fitness Line-Up
Implus has acquired FitDeck, Inc., a company that creates custom decks of playing cards – delivered in both physical and digital formats – that make exercise more simple, convenient and fun. The acquisition comes as Implus continues to expand its current
West Coast Strike Could Trigger Surcharges by Container Lines
At least three major container-shipping lines would be allowed to impose a surcharge to handle cargo if labor related unrest causes congestion at West Coast ports next month, according to a trade alert Outdoor Industry Association issued to its members la
Report: Toms for Sale
According to the Financial Times, Toms has hired bankers to explore a sale. The L.A.-based ethical label could fetch as much as $600 million, sources told the newspaper…
Sportsman’s Warehouse Beats Plan Despite Q1 Loss
In its first report since going public in late April, Sportsman's Warehouse Holdings Inc. reported a loss due to an expected sharp decline in firearms and ammunition sales. On a conference call with analysts, John Schaefer, Sportsman's Warehouse
Lululemon CFO to Retire
Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…
GoPro IPO Focusing on $3 Billion Valuation
GoPro Inc expects to raise up to $427.2 million in its initial public offering, according to an updated filing with the Securities & Exchange Commission. The company said it plans to offer 17.8 million Class A shares priced between $21 and $24 each…
River’s End Trading Co. Appoints SVP, Chief Merchandising Officer
River's End Trading Company has named Bret Slane senior vice president, chief merchandising officer of River's End Trading Company and Page and Tuttle…
Lululemon Cuts 2014 Guidance as Sales Weaken
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b
Confluence Outdoor Appoints CFO and VP, International
Confluence Outdoor appointed a new chief financial officer and vice president, International, the latter a new position on the company’s executive team. Brian Sudbrink joins the company as CFO, and Kevin Williams comes on as VP of International…
Survey: Millennials Make World Cup More Social
Influenster, a community of social media tastemakers, said 75 percent of its members will use online social networks to keep up-to-date with the World Cup. Facebook and Twitter lead as the most popular…
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