SGB Update

RYU Apparel Announces Private Placement

RYU Apparel Inc. announced a private placement consisting of 6 million units at a price of $0.25 each for gross proceeds of $1.5 million…

OluKai’s CEO Honored for Entrepreneurship

Goldman Sachs is recognizing OluKai CEO Jim Harris as one of the 100 Most Intriguing Entrepreneurs of 2015 at its Builders + Innovators Summit in Santa Barbara, CA…

Scott Sports Agrees to Acquire Dolomite

Scott Sports SA signed a preliminary agreement to acquire Tecnica Group's Dolomite division, marking the second acquisition announced by the Swiss company since South Korea’s Youngone Corp. upped its stake in Scott Sports to 50.1 percent in Feb

PSG’s Q1 Stymied by Launch Timing and Currency Woes

Performance Sports Group (PSG) reported profits declined sharply in its fiscal first quarter on an 11.2 percent drop in sales. The decline was expected due to the timing off product launches and foreign currency exchange headwinds. The company had warned

Hoka One One Relocates to Goleta, CA

Hoka One One has relocated to the headquarters of its parent, Deckers Brands, in Goleta, CA, from Richmond, CA. A Deckers Brand spokesperson said the move was made to better align Hoka with the resources available through the larger Deckers family to furt

Nike Doubles Down on Innovation

Nike Inc., at its first investor meeting in two years, set an ambitious growth target to reach sales of $50 billion by 2020. Particularly strong growth was predicted for its women’s business, running, Jordan Brand and e-commerce. Said Mark Parker, N