SGB Update

Scovill Fasteners to be Acquired by Morito of Japan

The Gores Group has agreed to sell Scovill Fasteners to Morito, a leading global supplier of apparel fasteners, components for automobiles and cameras and other niche manufactured products…

Lids Sports Group Acquires Jersey City Canada

Lids Sports Group has acquired Jersey City Canada, a licensed sports apparel, headwear and novelty company operating 28 retail stores across four Canadian Provinces. In addition, the acquisition includes 9 headwear only CAPZ stores, and 2 websites operat

Michael Phelps Suspended By USA Swimming

USA Swimming has suspended Michael Phelps for six months, forced him to withdraw from next year's world championships and taken away his funding from the sport's national governing body. The move came as a result of the Olympic champion's s

NFL Associated with Negative Moral Values

When asked which of a list of popular U.S. professional sports they most associate with negative moral values, football (52 percent) is America's top selection by a nearly two-to-one margin over basketball (28 percent), the next most cited sport. Box

LeBron James Leads Athletes Ranking

The Cleveland Cavaliers' LeBron James (No. 1), Seattle Seahawks' Russell Wilson (No. 2), and Oklahoma City Thunder's Kevin Durant (No. 3) topped the Horrow Sports Ventures/MVPindex 2014 POWER 100 ranking of the world's most powerful pr

Mostly Bullish Holiday Forecasts Arrive

With one exception, several promising holiday forecasts were released last week. The National Retail Federation said the despite a turbulent start to 2014, it expects retail sales in November and December (excluding autos, gas and restaurant sales) to inc

MidwayUSA Earns Online Award

MidwayUSA, a shooting, reloading, gunsmithing and hunting internet retailer announced it has earned the 2014 Bizrate Circle of Excellence Award…

Canadian Tire Targets 9 Percent CAGR at FGL Sports

Canadian Tire Corp, Ltd. outlined its three-year vision for annual growth of at least 9 percent at FGL Sports, which largely includes Sport Chek. At the meeting, Michael Medline, president and incoming CEO of Canadian Tire Corporation, noted that since ac

Performance Sports Group’s Top-Line Momentum Continues in Q1

Performance Sports Group Ltd., the parent of Bauer, reported revenues jumped 28.0 percent in its first quarter ended Aug. 31, to $197.1 million. On a conference call with analysts, Kevin Davis, president and CEO, said the momentum established during fisca

Canadian Tire Targets 9 Percent Growth at FGL Sports

Canadian Tire Corporation, Limited outlined its three-year vision to keep the company 'on offense' in a rapidly changing retail environment and grow annual sales by at least 3 percent at Canadian Tire, 5 percent at Mark's and 9 percent at F

Canadian Tire Targets 9 Percent Growth at FGL Sports

Canadian Tire Corporation Limited outlined a three-year vision to keep the company on the offensive in a rapidly changing retail environment and grow annual sales by at least 3 percent at Canadian Tire, 5 percent at Mark's and 9 percent at FGL Sports