SGB Update

Implus Acquires Winter Traction Brand Stabil

Implus, a Durham, NC-based provider of athletic, fitness and outdoor accessories, has acquired 32 North Corp., dba Stabil, the maker of Stabilicers, Stat-A-Rest and Stabil Turf performance footwear traction products made in the U.S. and Canada. Terms were not disclosed.

Ex-Adidas Team Director Pleads Guilty In NCAA Bribery Case

The former director of an Adidas-sponsored travel basketball team, Thomas “T.J.” Gassnola, pled guilty to federal wire fraud charges and agreed to cooperate with prosecutors in the government’s NCAA basketball bribery case, according to court documents made public Friday.

Perry Ellis To Redeem $50 Million In Notes

Perry Ellis International Inc. said the company notified U.S. Bank National Association of intent to redeem the remaining $50 million of the company’s outstanding 7.875 percent senior subordinated notes due in 2019.

Amer Sports Acquires Peak Performance

Amer Sports Corporation has acquired all the shares and related businesses of Peak Performance AB from the Danish fashion company IC Group.

’47 Opens Store In Petco Park

’47, the fan apparel specialist, announced the opening of the company’s first official team store in Petco Park – home to the San Diego Padres.

K-Swiss Partners With Esports Team

K-Swiss announced a new partnership with premier esports organization, Immortals, to launch the first signature sneaker for a professional gaming team.

GNC To Close 200 Stores This Year

Vitamin-seller GNC said the company plans to shutter roughly 200 stores this year while reporting earnings declined in the first quarter.

Perry Ellis Extends Deadline For Board Nomination

Perry Ellis International announced the board of directors has extended the window in which the company must receive proper written notice of the nomination of a director candidate in connection with its 2018 annual meeting of shareholders to May 18, 2018.

Roka Eyewear Signs Javier Gómez Noya

Roka announced a multiyear eyewear partnership with eight-time triathlon world champion and Olympic silver medalist Javier Gómez Noya