SGB Outdoor

German Smart Bike Company Raises $4MM

COBI, a German developer of connected biking systems, is poised to receive more than $4 million from European investors for production and establishment of distribution, marketing and customer service…

Report: Nike Close to NBA Deal

Nike is near a deal to replace Adidas as the uniform provider for the NBA, according to a report in The SportsBusiness Journal. In early March, Adidas said it would not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season,

Play It Again Parent Posts 1Q Profit

Winmark Corporation, the parent of Play It Again Sports, reported net income for the quarter ended Mar. 28 of $6.05 million, or $1.17 cents a share, compared to net income of $4.55 million, or 86 cents…

JD Sports Fashion Posts Strong Fiscal 2014 Results

JD Sports Fashion Plc reported strong demand for international sports footwear brands helped propel it to record annual profits before taxes and exceptional items in the fiscal year ended. Jan. 31 despite a tough second half at its outdoor specialty banne

Nike Launches Largest Women’s Campaign

Declaring it the brand’s “largest initiative to support and motivate a women’s athletic journey,” Nike launched a new campaign, #betterforit, headlined by a series of short films debuting on April 12. The campaign is designed to &#

Avex Names New Director of Sales

Avex, a leading reusable water bottle brand for outdoor adventurers, hired Matt Patterson as director of sales. In this new position, Patterson will lead the company’s sales strategy and product development…