SGB Outdoor

Maurice Sporting Goods Files For Bankruptcy, Pursues Sale

Maurice Sporting Goods Inc., one of North America’s largest distributors of outdoor sporting goods, announced that it has reached a definitive agreement to sell its assets to Middleton Partners. To facilitate the transaction, Maurice and its subsidiaries today filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Zeal Optics Launches Annual ‘Buy A Goggle, Plant A Tree’

Zeal Optics launched its annual “Buy A Goggle, Plant A Tree” program that will run November 17 through the month of December. For every pair of goggles sold online at zealoptics.com, at their Boulder flagship location and through retailers, Zeal Optics will work with the American Forests to plant a tree in the Rocky Mountain backcountry.

Brazil’s Centauro Files For IPO

Grupo SBF SA, owner of Brazilian sporting goods chain Centauro, has requested authorization from securities industry regulator CVM for an initial public offering.

Wall Street Reacts: Dicks Q3

For the analyst community, Dick’s issuance of a poor outlook for 2018 indicates that the industry’s return to healthy, full-price selling will take longer than expected.