SGB Sports & Fitness

Performance Bicycle Sold to Bike Vendor ASI

Advanced Sports International (ASI), maker of Fuji, SE Kestral, Breezer and Phat Cycles bike brands, has acquired the nation’s largest independent bicycle retailer, Performance Bicycle, for an undisclosed amount.

ClickitGolf Reorganizes Under New Company and CEO

ClickitGolf.com, which buys and sells discounted rounds of golf at more than 300 courses around the country, announced that it reorganized under new parent company, ClickIt Golf, Inc., and hired Charlotte, NC entrepreneur David Moore as CEO.

Obama Nudges TPP Process Forward

The administration’s release of a draft statement on the Trans-Pacific Partnership indicates its intent to push the deal through a lame duck Congress.