SGB Update

B.U.M. Equipment to Relaunch

B.U.M. Equipment, the California lifestyle brand popular in the 80’s and 90’s, will be relaunched this fall as part of a celebration of its 30th anniversary.

Billabong Sells Sector 9

Billabong International Limited entered into an agreement to sell its skate hardware brand Sector 9 for approximately $12 million to an affiliate of Bravo Sports.

US Apparel Coalition Suspends Bangladesh Factories

The Alliance for Bangladesh Worker Safety, which represents Canadian Tire Corp., L.L.Bean, VF Corp. and 25 other apparel brands, officially suspended three additional factories for failure to show evidence of remediation progress.

The North Face Names Explore Fund Winners

The North Face identified 45 non-profits that will be awarded grants through its Explore Fund, which this year favored programs activated in national parks.

Modern Meadow Raises $40MM Series B Round

Modern Meadow, the biofabrication company that grows animal-free leather made from living cells, announced a $40 million Series B round of financing led by Horizons Ventures and Iconiq Capital…

EMS Sales Approach $11 Million in May

Eastern Mountain Sports lost $1.70 million before taxes on $10.7 million in sales in May, according to financial statements filed in the federal court overseeing the bankruptcy proceedings of its parent company Vestis Retail Group LLC.

Trending: Basketball-focused Gyms?

PickUp USA Fitness, based in Irwindale, CA, launched its long-awaited basketball-focused gym franchise roughly six weeks ago, and reports indicate the concept could really take off.

‘The Boz’ Makes the Cut at Vibram FiveFingers

Vibram USA launched an ambassador program for its Vibram FiveFingers articulated shoe brand by naming 17 personalities, including former NFL Pro Brian Bosworth, as brand ambassadors.