SGB Update Apparel

Merger Pushes Coalision to $110MM in Annual Sales

Coalision Inc., which owns the Orage, Lolë and Paradox sports and lifestyle apparel brands, is merging with a French action sports company best known for its fashion underwear to create a multinational company with $110 million in annual sales…

Dick’s Sporting Goods Buys Stake in JJB Sports plc

Dick's Sporting Goods, Inc. has agreed to make a £20 million ($32 mm) Sterling strategic investment in JJB Sports plc, a leading U.K. sports retailer. The investment includes an option to purchase junior secured convertible notes that could result in

Championship Volleyball Announces Partnership With Wilson

Championship Volleyball, Inc. (CV) and Wilson Sporting Goods Co. (Wilson) have agreed to a sponsorship deal which will impact indoor and outdoor volleyball. Under the new sponsorship agreement, Wilson will be the exclusive volleyball supplier of CV, and t

Kohl’s March Comps Up 3.6 Percent Due in Part to Warm Weather

Kohl’s Corporation reported that for the five-week month ended March 31, total sales increased 5.3 percent and comparable store sales increased 3.6 percent over the five-week month ended April 2, 2011. Year to date, total sales have increased 3.6 pe

TJX Companies Says March Comps Growth Strong Even in Warmer Areas

The TJX Companies, Inc. reported consolidated comparable store sales for the five-week period ended March 31 increased 10 percent. For the nine-week, year-to-date period, consolidated comparable store sales also increased 10 percent over the same period l

Polartec Promotes Two Marketing Employees

Polartec announced two promotions in the marketing department. Allon Cohne, formerly the North American marketing manager, is now the global director of marketing and Katie Macomber, formerly the marketing coordinator, is now the special events manager…

RECALL: 40,000 Topeak Babyseat II Bicycle Carrier Seats

Todson Inc. of North Attleboro, MA is recalling about 40,000 of Topeak’s bicycle carrier seats for kids because they pose a laceration and fingertip amputation hazard, according to the U.S. Consumer Product Safety Commission. Todson has received two

Darn Tough Vermont Joins The Conservation Alliance

Darn Tough Vermont has become the latest member of The Conservation Alliance, which works directly with outdoor industry companies to fund conservation organizations working to protect North America’s last wild spaces…

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…