SGB Update

Canyon Bicycle GmbH to Enter U.S. Market in 2017

Canyon Bicycles GmbH will expand to the United States in 2017 via a new partnership with TSG Consumer Partners LLC, the same private equity firm that acquired Backcountry.com last year.

Mission Athletecare Opens Performance Lab

Mission Athletecare, the maker of thermoregulation products, announced the funding of a state-of-the-art thermoregulation performance lab at the University of Connecticut’s Korey Stringer Institute.

Genesco’s Q1 Handily Beats Street Targets

Genesco Inc. reported a modest gain in first-quarter earnings that came out well ahead of Wall Street’s target. The upside was boosted by a “significantly better” performance at Lids Sports Group. The company reiterated its guidance for the year.

Gildan Activewear Acquires Alstyle Apparel

Ennis, Inc. completed the previously announced sale of Alstyle Apparel, LLC and its subsidiaries, which constituted the company’s apparel division to Gildan Activewear SRL.