SGB Sports & Fitness

Lids To Acquire Dowdle Sports’ Team Business

Lids Team Sports, an operating division of Indianapolis-based Lids Sports Group, has reached an agreement with Cordova, TN-based Dowdle Sports, Inc., the full line dealer of outdoor and athletic sporting goods, for the assets of its team business. The e-c

Scott Plank Retires from Under Armour

Scott Plank has retired from his position as Under Armour's EVP for business development. He is starting War Horse LLC to focus on real estate development and community-based philanthropy…

The North Face Honors Bicycle Sports Shop

The North Face named Bicycle Sports Shop of Austin, TX the winner of The North Face Never Stop Exploring Award. The award, a $5,000 grant of the Explore Fund, recognizes a specialty dealer…

Reebok Releases Spotify App

The Echo Nest, a music intelligence platform, has partnered with Reebok for a Spotify app to motivate everyone from casual exercisers to fitness fanatics with the power of music. The Reebok FitList app is free to use within Spotify, and features several w

Nike Vows to Improve Profitability

At Nike’s shareholder meeting held at its Beaverton headquarters, CEO Mark Parker spent much of his presentation detailing how the company’s commitment to innovation, connections with athletes, and inspiring stories helped drive the company&#8

Nike Approves $8 Billion Stock Buyback

Nike, Inc. announced that its board of directors has approved a new four-year, $8 billion program to repurchase shares of Nike’s class B common stock. The company’s current $5 billion share repurchase program will be completed during the secon

Timberland Plots Aggressive Expansion in China

According to China Daily, Timberland plans to open 40 to 50 stores in China annually over the next five years while upgrading and expanding some of its existing stores. After launching in the Chinese mainland six years ago, Timberland now has 150 outlets

Arc’teryx Announces Reopening of Montreal Brand Store

Arc’teryx Equipment Inc., of North Vancouver, BC said its Montreal brand store, newly renovated, will be reopening this Saturday Sept. 22, 2012. Sister company Salomon in also opening the first Salomon Store in Montreal, directly adjacent to the new