SGB Update Outdoor

Adidas Venture Fund Invests in Natural Fiber Company

Adidas Group's in-house venture capital fund has agreed to invest CAD$2.0 million in CRAiLAR Technologies Inc., a Canadian company that makes natural fiber in the form of flax, hemp and other bast fibers for use in textile and other applications…

Sports Authority Partners with Shopkick

Shopkick, the shopping app, announced it has partnered with Sports Authority. All shopkick users will earn “kicks” just for walking in, browsing special offers throughout the store, scanning products and making purchases at Sports Authority store location

Hudson’s Bay Co Appoints President

Hudson's Bay Company, which owns Saks Fifth Avenue and Lord & Taylor in the U.S., said Donald Watros, currently its chief operating officer, has been named president of HBC, a newly expanded role. This appointment is effective on Feb. 1, 2014…

Club Ride Raises $1M in Capital

Club Ride Apparel signed an agreement with Royal Street Investment & Innovation Center (RSIIC) to fund the company with $1 million in additional capital to support the company’s continued expansion and growth…

National Ski Patrol Names Executive Director

The National Ski Patrol (NSP) appointed John McMahon as its new executive director. Effective Jan. 2, 2014, McMahon will spearhead initiatives to elevate NSP's brand and relevancy and build infrastructure and programs to better serve NSP's 28,00

Dorel Bids Adieu to Bicycle Chief Baird

Dorel Industries Inc. announced the departure of Robert P. Baird, group president and CEO of the company's Recreational/Leisure segment, which owns Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi. Peter Woods, the segment's CFO, ha

Moncler Shares Soar in IPO Debut

Share prices of Moncler, the Italian maker of ski and fashion apparel, jumped more than 40 percent in initial trading on the Italian stock market…