SGB Update Outdoor

EORA Extends Lower Membership Fee Another Year

EORA's (Eastern Outdoor Rep Association) board of directors voted to keep their annual membership fee at $250 in 2016 in an effort to continue attracting independent sales reps from the bicycle industry…

Newton Running Undergoes Restructuring

Newton Running has let go of 14 people from its Boulder, CO headquarters and its sales and tech rep force across the country, according to a report on competitor.com…

Dick’s SG Sets Grand Openings for Five Stores

Dick's Sporting Goods set grand opening festivities for the opening of five stores. The store will open in: Muskogee, OK; Sevierville, TN; Las Vegas, NV; Cerritos, CA and Glendale, CA…

Prana Holds Grand Opening for Palo Alto Store

Prana celebrated their newest location in Palo Alto with the local community, brand executives and ambassadors at Town & Country Village on Saturday, Oct. 10th…

Club Ride Founder Takes Back CEO Role

Club Ride founder Mike Herlinger has taken back the CEO title following the departure of Scott Montgomery, who had fulfilled the role since mid-2011…

Li Ning’s Futures Orders Climb

Li Ning Company Ltd. reported orders for the third quarter ended Sept. 30 are up high teens overall compared to last year. The growth was driven by mid-teens increase in footwear as well as low-twenties increase in apparel…

RYU Apparel Announces Private Placement

RYU Apparel Inc. announced a private placement consisting of 6 million units at a price of $0.25 each for gross proceeds of $1.5 million…

OluKai’s CEO Honored for Entrepreneurship

Goldman Sachs is recognizing OluKai CEO Jim Harris as one of the 100 Most Intriguing Entrepreneurs of 2015 at its Builders + Innovators Summit in Santa Barbara, CA…

Scott Sports Agrees to Acquire Dolomite

Scott Sports SA signed a preliminary agreement to acquire Tecnica Group's Dolomite division, marking the second acquisition announced by the Swiss company since South Korea’s Youngone Corp. upped its stake in Scott Sports to 50.1 percent in Feb

Jarden Enhances Team Biz with Jostens Acquisition

Seeing the move as a way to “significantly increase” Rawlings team sports sales, Jarden Corp. agreed to acquire Jostens Inc. for $1.5 billion. On a conference call with analysts, Jim Lillie, Jarden’s CEO, said the acquisition will bring

Garmin Cuts Full-Year Guidance on Pricing Pressures

Garmin Ltd., in its second downward revision of the year, trimmed its EPS and revenue outlook for the year due to pricing pressures and foreign currency headwinds. Revenue targets were also lowered for its fitness, outdoor and aviation segments…