SGB Update Apparel
Fanzz Acquires Just Sports
Fanzz, the fan chain owned by the parent of the Utah Jazz, is acquiring Just Sports, another fan chain that operates 27 stores in Washington, Oregon, Idaho and Montana. Fanzz has 94 stores in 19 Western states…
Phil Knight Pledges $500 Million to Cancer Research
Nike co-founder and Chairman Phil Knight and wife Penny have pledged $500 million to kick-start a $1 billion cancer research initiative at the Knight Cancer Institute at Oregon Health & Science University (OHSU). Knight said the pledge is contingent on OH
Zoot Sports Appoints Footwear Director and U.S. Sales Manager
Zoot Sports, celebrating its 30th year in business, hired Aaron Azevedo as its director of global footwear and Eric Merk in the role of Zoot’s U.S. sales manager. Most recently, Azevedo was SVP of footwear at DC Shoes. Merk was most recently VP, Nor
NEMO Equipment Begins Selling Other Brands Online
NEMO Equipment Inc. has begun selling other outdoor brands on its online store through the NEMO Collective, a new section showcasing a select group of brands that share its dedication to design, performance and craftsmanship…
MEC Unveils New Brand Campaign to Reach Growing Urban Membership
MEC (Mountain Equipment Co-op) unveiled its new brand platform in a bid to become more relevant to the fastest growing part of its membership – Canadian urbanites participating in cycling, running and other outdoor activities that never bring them to the
Sport Chalet Hires Bank to Scout Strategic Partners
Sport Chalet, Inc. engaged Capello Capital Corp. to scout strategic partners who can help the California-based sporting goods retailer accelerate its strategic plan, which includes rolling out a new store format, growing online sales and beefing up its da
Titleist Performance Institute Debuts Apparel
The Titleist Performance Institute (TPI) announced the launch of its new performance-inspired fitness apparel for the athletic golfer…
Longitudes Group’s 2013 Sporting Goods Channel Golf Market Report
According to a study of golf market profiles of the 10 largest sporting goods retail companies from Longitudes Group, Dick's Sporting Good market impact leads the sporting goods retailers with the most golfers served at 9.8M, or over 39 percent of al
Nike Shareholder Meeting Sparks Succession Talk…
At Nike’s 33rd annual meeting last week held at Tiger Woods Center on the Nike World Headquarters campus, new Nike Brand president Trevor Edwards addressed the World Cup, the opportunity around expanded sizes, and Nike’s future in digital tech
Tern Raises $4.3M to Ramp Up Production of Folding Bikes
Folding bike maker Tern announced it raised $4.3 million from private equity investors. The Taipei, Taiwan-based company will use the funds to accelerate its global expansion and ramp up investments in product development…
Billabong Names New CEO, Proposes Another Rescue Plan
Billabong International Limited’s board of directors reversed course and embraced a refinancing offer from two U.S. investment firms last week after they revealed they had lined up former Eddie Bauer CEO Neil Fiske to spearhead the Australian compan
Johnson Outdoors Shifts to Cash Flow-based Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new cash-flow based loan agreement with significantly fewer financial covenants and simplified reporting requirements compared to the company's previous asset-based revolving credit
Cabela’s Plans to Add 1M S.F. of Retail Space a Year from 2014-17
Cabela’s Inc. told analysts at Imperial Capital Global Opportunities Tele-Conference last week that it can roll out 1 million new square feet of new retail space a year from 2014 to 2017 without degrading its customer experience…
K2 Sports Taps Malczyk as Brand Manager for Line, Full Tilt,
K2 Sports has appointed Josh Malczyk as global brand director of its Line ski and Full Tilt boot brands. Malczyk will assume these responsibilities immediately and will continue to be based at K2 Sports’ Global Headquarters in Seattle, WA…
Johnson Outdoors Replaces Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new streamlined capital structure that it expects will reduce annual borrowing costs.
