SGB Update

Rob Dyrdek Announces Venture Studio

The venture studio builds, invests in and advises an array of companies in categories ranging from luxury brands, sports entertainment, consumer products, and spirits to innovative technologies.

Dick’s Announces Team USA Contenders Roster

Ashley Wagner and Alex Rigsby headline the roster of winter U.S. Olympic and Paralympic Contenders that are being supported by the Dick’s Sporting Goods through flexible employment or sponsorship agreements.

Interior Chief Urges Shrinking Four National Monuments In West

Ryan Zinke, the U.S. interior secretary, will recommend reducing the size of at least four of 27 national monuments, a leaked report states. The four monuments mentioned include the fiercely contested Bears Ears National Monument in Utah as well as Utah’s Grand Staircase Escalante, Oregon’s Cascade-Siskiyou and Nevada’s Gold Butte.

TomTom Starts Share Buyback Program

TomTom announced the start of its share buyback program to repurchase ordinary TomTom shares for an amount up to €50 million.

Pensole Launches Free Education Kickstarter Campaign

Pensole Footwear Design Academy announced it has launched a multi-tiered Kickstarter crowdfunding campaign to raise $50,000 to $1 million for new free programs and facility expansion initiatives.

Buck Knives Appoints New Sales Heads

Buck Knives announced that Mike Silverberg has joined the company as vice president of sales and Chris Bourassa has been promoted to director of North American sales.

Puma Partners With Selena Gomez

The singer and actress will start working with Puma immediately and will first appear in the brand’s newest campaign for the Phenom, an upcoming women’s footwear drop.

Raleigh Electric Add Reps

Raleigh Electric and IZIP, manufacturers of electric bikes, have added three new territory managers to the sales team, as both brands continue to grow and expand in the market.

Balega Supports Breast Cancer Prevention

Balega, the performance sock brand in the run specialty market, announced its continued support of Breast Cancer Prevention Partners (BCPP) with the release of its limited-edition Grit and Grace collection.

The Pro’s Closet Secures Funding

Foundry Venture Capital 2016, L.P. has completed its initial investment in The Pro’s Closet (TPC) as part of a $9 million financing. TPC, based in Boulder, CO, is the world’s largest seller of pre-owned bicycles and bicycle parts.

OBIT: Powder Mountain’s Alvin F. Cobabe

The father and visionary of Powder Mountain, Dr. Alvin F. Cobabe, passed away peacefully on September 13, 2017 at the age of 99 in his home in Eden, UT.

Delta Apparel Share Repurchase Authorization Increased

Delta Apparel Inc. announced that its Board of Directors has approved a new authorization under the company’s stock repurchase program for the repurchase of up to an additional $10 million of the company’s outstanding common stock.