SGB Update

Life Time and Ironman Collaborate to Promote Triathlon

Life Time has become an official sponsor of the Ironman and Ironman 70.3 U.S. series and will expand its endurance coaching and training programs to Ironman athletes at all 112 of its fitness centers in the United States and Canada in bid to promote the

Obama Designates San Gabriel Mountains National Monument

The Conservation Alliance applauded President Obama for designating an area comprising 70 percent of Los Angeles County's open space as the San Gabriel Mountain National Monument. The alliance of outdoor industry companies has awarded $60,000 to non-

New Backcountry.com Parent Fails to Curb Slide in Share Price

Outstanding shares of Liberty Ventures Group (LVNTA) fell 14.2 percent last week despite a new stock buyback plan as investors reacted to news that it had issued 67.7 million of its shares for the assets of Backcountry.com, Bodybuilding.com and several ot

With 25th Anniversary Near and Its CEO Gone, OIA Ponders Its Role

With the departure of its long-time president and CEO in the mirror and membership engagement ebbing, Outdoor Industry Association members embarked on a bit of soul searching at the trade association's annual leadership conference last week…

PSG Reports Strong Hockey, Lacrosse Sales in Fiscal First Quarter

Performance Sports Group Ltd reported revenues increased 28 percent to $197.1 million in its fiscal first quarter ended Aug. 31, 2014, or 31 percent in currency-neutral (c-n) terms. Excluding the results of the recently acquired Easton diamond sports busi

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