SGB Executive

EXEC: Saucony Posts 60 Percent Retail Growth in China

The MS (China) Sports Company Limited, a direct wholly-owned subsidiary of Xtep International Holdings Limited, operates under licensing and royalty agreements for the Merrell and Saucony brands and subsidiaries in China.

EXEC: Tern Bicycles Creates European Distribution Company

This transition also marks the end of Tern’s long-standing distribution partnership with Hartje. Tern ZE will stock Tern’s complete product line and will partner with i:SY GmbH & Co. KG to manage sales for its Tern dealer network in Germany, Austria and Benelux.