SGB Update Apparel

Internetstores AG Lands Major Equity Investment

Internetstores AG, a leading German online bike and outdoor products retailer approaching $80 million in annual sales, has landed a $40 million equity investment from EQT Expansion Capital II…

Fleet Feet Undergoes Management-Led Buyout

The management team of Fleet Feet, Inc., the franchisor of running specialty stores, has partnered with Raleigh, NC – based Investors Management Corporation (IMC) to acquire Fleet Feet Sports from Tom Raynor, CEO and majority shareholder. Fleet Feet, Inc.

JJB Sports Confirms Talks with Potential Strategic Investors

JJB Sports plc confirmed that it has in recent weeks held discussions with its lending bank and a number of potential strategic partners and investors about raising additional financing for the company in what could be its third recapitalization since 200

Northern Lites Snowshoes Hires VP and GM

Northern Lites, the American manufacturer of snowshoes, hired Craig Brooks as vice president and general manager. Northern Lites was acquired by Brent and Brian Hallgren and their families in June of 2011…

Vapur Hires Verde PR and Consulting

Vapur, which designs and manufacturers collapsible hydration bottles, has hired Verde PR & Consulting as their public relations agency of record…

Ibex Hires Former Retailer as New England Rep

Ibex Outdoor Clothing hired Nancy Andrews as an independent sales representative for New England, where she will work as a “merino pusher” in New Hampshire, Vermont, Maine, Rhode Island, Massachusetts and Connecticut. Andrews was co-founder of the outdoor

Vibrams FiveFingers Sued over Health Claims

A group of five law firms has filed a class-action suit against Vibram USA Inc and Vibram FiveFingers LLC in the U.S. District Court for the District of Massachusetts alleging the company used deceptive statements about the health benefits of barefoot run

Specialized Introduces e-Bike to European Market

Specialized Bicycle Components has launched an e-bike for the European market called Turbo that travels up to 45 kph and uses a battery than can recharge in two hours. The bike will not be made available in the United States, where bikes that travel in ex

Lifetime Products Introduces $299 Sit-inside Kayak

Lifetime Products Inc. of Clearfield, Utah, purports to be one of the largest kayak manufacturers in the U.S., introduced its first sit-inside kayak and said it will go on sales this month at Sports Authority for $299…

Tim Tebow Apparel Sales Halted in Nike-Reebok Feud

U.S. District Court Judge Kevin Castel issued a temporary restraining order against Reebok to prevent it from continuing to sell apparel featuring Tim Tebow shirts and his new team, The New York Jets. As reported, Nike, which officially takes over the NFL