Sports/Fitness

Tough Mudder Consents To Bankruptcy Proceedings

Jan 20, 2020SGB Updates

The majority shareholder of Tough Mudder, Will Dean, and the endurance event's board of directors have consented to bankruptcy proceedings for the company as well as a sale to Spartan Race. (Read More)

ATN Opens Florida Distribution Hub

Jan 20, 2020SGB Updates

ATN, known for its night vision and thermal imaging optics for hunters, outdoor enthusiasts, military and law enforcement, announced that it opened a new distribution hub and sales office in Doral, FL. (Read More)

Puma Signs First American Professional Soccer Team

Jan 20, 2020SGB Updates

New Mexico United announced a new partnership with Puma, becoming the first American professional soccer team to partner with Puma. (Read More)

Fanatics Partners With Miami Marlins

Jan 20, 2020SGB Updates

The Miami Marlins and Fanatics announced a 10-year omnichannel retail partnership. The deal represents the fourth MLB club to partner with Fanatics. (Read More)

Brand Velocity Acquires Altama And Original S.W.A.T.

Jan 20, 2020SGB Updates

Brand Velocity Partners (BVP), a private equity firm focused on acquiring lower-middle market consumer businesses, announced it has purchased Original Footwear Inc., the parent of the Altama and Original S.W.A.T. footwear brands. (Read More)

StockX’s Resale Market Surpasses $1 Billion In GMV In 2019

Jan 20, 2020SGB Updates

StockX, the sneaker resale marketplace, announced it surpassed $1 billion in gross merchandise value (GMV) in 2019 and grew global buyer and seller registrations by more than 100 percent. (Read More)

Fleet Feet To Open Two Locations In Texas

Jan 20, 2020SGB Updates

Fleet Feet announced its plans for expansion in Texas in 2020 with the opening of two new locations. The first location will open in San Antonio in March and will become the third San Antonio store for the brand. The second location will open in Plano in April and will mark the first Fleet Feet location in the Dallas area. (Read More)

JCPenney To Close Six Stores This Spring

Jan 20, 2020SGB Updates

JCPenney will close six stores by April 24. The stores are in Montana, New York, North Carolina, Ohio, Oklahoma and South Carolina. (Read More)

Moody’s Sees Continuing Challenges For Department Stores In 2020

Jan 20, 2020SGB Updates

Moody's, in a new report, predicted that "another dismal year" for U.S. department stores will accelerate change in 2020. The sector heavily underperformed the broader retail industry last year despite continued investments and offering updates, the still-solid growth of the U.S. economy and strong consumer spending. (Read More)

CODI’s Debt Ratings Upgraded

Jan 20, 2020SGB Updates

The corporate family debt ratings of the parent of 5.11 Tactical, Velocity Outdoor and Liberty Safe were upgraded to Ba3 from B1 and the probability of default rating (PDR) lowered to Ba3-PD from B1-PD. (Read More)

Updates

Tough Mudder Consents To Bankruptcy Proceedings

ATN Opens Florida Distribution Hub

Puma Signs First American Professional Soccer Team

Fanatics Partners With Miami Marlins

Brand Velocity Acquires Altama And Original S.W.A.T.

StockX’s Resale Market Surpasses $1 Billion In GMV In 2019

Fleet Feet To Open Two Locations In Texas

JCPenney To Close Six Stores This Spring

Moody’s Sees Continuing Challenges For Department Stores In 2020

CODI’s Debt Ratings Upgraded

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