SGB Update

New RSM Joins Crimson Trace

Crimson Trade, a manufacturer and supplier of laser sighting systems and tactical lights for firearms, has selected Dustin Gimmy as the regional sales manager (RSM) for the Midwest States of Missouri, Illinois, Nebraska and Kansas…

TIA Data Points to Improving U.S. Tennis Market

Tennis Industry Association reports that wholesale shipments of tennis products improved in the third quarter, with shipments of balls up mid-single digits and sales of high-end racquets up a surprising…

Sequoia Capital Invests in Strava

Strava, the social fitness app that has become popular in the road cycling community, has raised $18.5 million in a Series D funding round with help from Sequoia Capital, a venture capital fund whose more recent successes include Instagram, WhatsApp and S

Saucony Launches Whoa Marketing Campaign

Coinciding with the TCS New York City Marathon, Saucony is launching the Whoa marketing campaign, the new multichannel global marketing platform that “articulates − with just one word−the absolute expression of delight and surprise that runner

Strava Raises $18.5 Million in Fresh Capital

Strava, the online network connecting the global community of athletes, has partnered with Sequoia and secured $18.5 million in financing. Existing investors Sigma West and Madrone Capital Partners also participated in the round. This funding will allow S

Asics Opens NYC Flagship Location

Asics opened a flagship location in New York City on 42nd Street between Broadway and Sixth Avenue. The store features a floor-to-ceiling glass exterior on the front of the building and an old New York City Subway car from 1961 inside…

Trademark Issue Complicates GoLite’s Chapter 11 Reorganization

Coupounas LLC is striving to find investors willing to buy it as a going concern by Nov. 10, despite losing rights to use the GoLite trademark it sold to Timberland in 2006, according to an Oct. 24 motion filed in the company's Chapter 11 bankruptcy

Patagonia’s $20 Million and Change Invests In Bureo Skateboards

Patagonia Works, which includes Patagonia, Inc., as well as Patagonia Media and Patagonia Provisions, announced a a seed investment in Bureo Inc., a company that has established a fishing net collection and recycling program along the coast of Chile. Bure

Outdoor Research Hires Kinetic Reps in Mid-Atlantic

Outdoor Research, the Seattle-based manufacturer of high-performance technical outdoor apparel and accessories, hired Kinetic Reps to manage the brand’s growing sales in the Mid-Atlantic territory, effective Nov. 1…

RECALL: 5,000 Cane Creek Rear Shocks

Cane Creek Cycling Components Inc. of Fletcher, NC has recalled about 5,000 rear shocks sold in Canada and the United States this year because their high-speed rebound dials are labeled backwards…