SGB Update

Asics Takes Stake In Pyrates Smart Fabrics

Asics Corp. announced that Asics Ventures Corporation, its investment subsidiary, has taken an equity stake in Pyrates Smart Fabrics, a Spanish startup that develops and supplies advanced and responsible fabrics.

LVMH Invests In Streetwear Label Madhappy

Madhappy, the Los Angeles-based streetwear label, announced a $1.5 million seed round of funding. The investment was led by LVMH’s Luxury Ventures accelerator program.

Beeline Bikes Sold

Beeline Bikes, which provides software that helps bike shops schedule service work and fulfill online sales, has been sold from Accell’s remaining North American portfolio, according to Bicycle Retailer. 

CRKT Leadership Transition

Rod Bremer, who founded CRKT (Columbia River Knife & Tool) 25 years ago, is transitioning out of the day to day operations with president Mark Schreiber assuming more responsibilities.

Genesco Appoints General Counsel

Genesco Inc. announced today that it has appointed Scott E. Becker as senior vice president, general counsel, and corporate secretary of the company, effective October 23, 2019. He succeeds Roger Sisson who retired from Genesco earlier this year.

Report: Puma To Sign PSV Eindhoven

PSV Eindhoven, the Dutch football club, agreed to a kit deal with Puma, replacing a five-year partnership with Umbro, according to Footy Headlines.

Pure Fishing Names Jim Murphy Director Of Fly Fishing

Pure Fishing this week named Jim Murphy director of fly fishing. With 30-plus years of experience, Murphy will be taking over global product development, global marketing and North American sales.

Hydro Flask Appoints Creative Director

Stainless steel bottle maker Hydro Flask, a subsidiary of Helen of Troy Ltd., on Tuesday announced the addition of Dena Blevins as creative director.