SGB Update

Fox River Mills Sold To Private Equity Firm

The 116-year-old hosiery mill in Iowa will become a division of LongWater Opportunities’ Standard Merchandising Company. The new private equity owner focuses its investments in American manufacturing.

Nike’s Self-Lacing Sneakers To Cost $720

Nike said the HyperAdapt 1.0, its hyped self-lacing models inspired by the 1985 movie “Back to the Future Part II,” will carry a retail price of $720.

Industry Urges Support Of Paris Climate Agreement

Nike, The North Face, Vans, Patagonia, K2 Sports and Clif Bar were among more than 300 businesses across industries signing a letter urging president-elect Donald Trump and other world leaders to remain committed to the Paris agreement on climate change.

Converse Exec Joins Fox Sports

Terri Hines, formerly vice president, global communications for Converse, has joined Fox Sports as its executive vice president of communications.

Jordan Brand #TBTs To Space Jam With New Collection

As a throwback to the 1996 film Space Jam, Nike’s Jordan Brand will release a new collection that honors the movie’s 20th anniversary, along with a globally integrated campaign to introduce the movie to a new audience.

NRA Joins SASP As Founding Partner

Founding partners help the Scholastic Action Shooting Program organize matches, demos and shows to promote youth involvement in the shooting sports.