SGB Update Outdoor

Performance Bicycle Sold to Bike Vendor ASI

Advanced Sports International (ASI), maker of Fuji, SE Kestral, Breezer and Phat Cycles bike brands, has acquired the nation’s largest independent bicycle retailer, Performance Bicycle, for an undisclosed amount.

PrimaLoft’s Martini to Lead Operations & Logistics

Martini has worked at the performance fabrics and insulation supplier in the role of operations and logistics Manager since 2013 with prior roles in quality and operations over the last decade.

Obama Nudges TPP Process Forward

The administration’s release of a draft statement on the Trans-Pacific Partnership indicates its intent to push the deal through a lame duck Congress.

Dick’s SG Beats Q2 Earnings Guidance

The retailer handily beat its guidance for consolidated net income and same-store sales growth in its latest quarter thanks to strong growth in online sales.

361 Degrees 1H Sales Up Nearly 16 Percent

The leading international sportswear brand based in China reported its KIds, online and international business lead growth in the six months ended June 30.

Sporting Goods Store Sales Slowed in July

Retail sales at sporting goods stores decreased 2.2 percent seasonally adjusted month to month and increased 1.9 percent unadjusted year over year in July, estimated the National Retail Federation.

Skullcandy Rejects Unsolicited Bid

The action sports-inspired audio brand accepted and then rejected two acquisition offers from a company over the weekend after the bidder waffled.