SGB Update

Pure Hockey Acquires California-based Hockey Giant

Pure Hockey, LLC has acquired all of the assets and ongoing business of SportsGiant, LLC. Sports Giant includes ice hockey retailer Hockey Giant and online property HockeyGiant.com…

Nidecker Announces Return of Thierry Kunz

Nidecker SA said that action sports vet Thierry Kunz is returning to the company as chief marketing officer to lead its Nidecker and Laird snowboard brands…

City Sports Files for Bankruptcy, Seeks Sale of Stores

City Sports Inc. has filed for Chapter 11 bankruptcy protection. The Boston-based chain plans to hold going-out-of-business sales at eight of 26 stores and seek out a buyer for the remaining locations. According to court documents, vendors are owed about

AAFA Wants TaoBao Labeled ‘Notorious Market’

The American Apparel & Footwear Association called on the U.S. Trade Representative to reinstate Alibaba's TaoBao e-commerce site as a 'Notorious Market,' for failing to curb the sale of counterfeit clothing, shoes, and handbags…

Nike Chairman Phil Knight to Pen Memoir

Phil Knight, the co-founder and chairman of Nike, Inc., has written a memoir. Simon & Schuster Inc. told the Associated Press the book, currently untitled, is scheduled for Spring 2016…

Johnson Outdoors Boosts Quarterly Dividend

Johnson Outdoors Inc.'s board of directors approved a quarterly cash dividend of 80 cents per Class A share and 73 cents per Class B share – a 6.7 percent increase from the dividend rates declared in previous quarters…

Shoes For Crews Sold to PE Firm

Shoes For Crews, a leader in slip-resistant footwear, has entered into a definitive agreement to be acquired by CCMP Capital Advisors LLC. The company’s founders, the Smith family, will rollover a portion of their equity as part of the transaction..

Newton Running Appoints Joe O’Neil as New CEO

Newton Running has hired athletic footwear industry veteran Joe O’Neil as its new CEO. O’Neil most recently was senior vice president of Quiksilver Inc.-owned footwear brand DC Shoes. He replaces Newton co-founder Jerry Lee as CEO, who will re

G-III and Jimmy Fallon Collaborate on Sports Apparel Line

G-III Apparel Group, Ltd. plans to launch Hands High, a new licensed sports apparel line inspired by Tonight Show host and comedian, Jimmy Fallon. Hands High will feature professional team logos from the NFL, NBA, MLB and more…

Pricey Franc Prompts Cuts at Mammut

Mammut Sports Group AG eliminated 25 sales jobs at its corporate headquarters in Switzerland and will outsourcing rope manufacturing in a bid to cut costs amid declining sales and margin pressures created by adverse currency effects…