SGB Update

MEC Launches Outdoor Nation Canada

Mountain Equipment Co-op (MEC) launched Outdoor Nation in Canada earlier this month. MEC Outdoor Nation’s Leadership Council and 450 delegates will be creating programs to inspire young people to get outside and…

World Record Marathoner Wore Adidas Boost

Dennis Kimetto, who ran the fastest marathon in history at the 2014 Berlin Marathon, is an Adidas athlete and wore Adizero Adios Boost. With a time of 2:02:57 Kimetto shattered the previous world record by a 26 seconds…

Boot Barn Files for IPO

Boot Barn Holdings Inc., which operates 155 stores in 24 states, has filed for an initial public offering. The company plans to raise up to $86.25 million…

MIFA Files for Self Administration, Seeks New Investors

MIFA Mitteldeutsche Fahrradwerke AG filed for the European equivalent of a Chapter 11 bankruptcy Monday after it failed to reach a final agreement with an Indian company that had agreed to recapitalize the German bike manufacturer. MIFA, which assembles m

OIA President and CEO Frank Hugelmeyer Resigns

Outdoor Industry Association's board of directors announced Frank Hugelmeyer has resigned as president and CEO of the trade association effective Oct. 3. The board said it will name an interim executive director for OIA while a special search committ

Steve Madden To Acquire Mexico Licensee

Steve Madden signed a definitive agreement to acquire Trendy Imports S.A. de C.V., Comercial Diecisiette S.A. de C.V., and Maximus Designer Shoes S.A. de C.V. (together, “SM Mexico”). As Steve Madden’s Mexican licensee, SM Mexico markets

EBay to Spinoff PayPal

EBay Inc. plans to spin off PayPal into an independent publicly traded company in 2015 under a plan approved by its board of directors. The proposed break up would unlock shareholder value by freeing PayPal to pursue more customers and partners…

Dick’s SG Sets Store Opening for Richmond, IN

Dick's Sporting Goods will be opening its 19th store in Indiana and 588th store nationwide on Friday, October 10th at Richmond Village in Richmond (3718 National Road East)…

Creative Recreation Hires Creative Director

Rich Cofinco has returned to lifestyle footwear brand Creative Recreation, a division of Rocky Brands, Inc. as the brand's creative director. Cofinco, who departed in 2012, was Creative Recreation's co-founder and original designer…