SGB Update

Puma Intends to Acquire Stake in Football Club Borussia Dortmund

Puma said it intends to take a direct stake in Borussia Dortmund KGaA, having sponsored the football club since 2012. By potentially acquiring up to 5 percent of its capital stock through the planned capital increase announced by Borussia Dortmund, Puma s

Li and Fung’s Earnings Climb in First Half

Li & Fung reported sales rose 2.9 percent in the first half ended June 30, to $8.71 billion from $8.47 billion. Earnings jumped 45.0 percent to $210 million from $145 million…

The Buckle’s Q2 Profits Dip

The Buckle, Inc. reported earnings reached $24.5 million, or 51 cents a share, in the second quarter, slightly down from $25.1 million, or 53 cents, a year ago. Same-store sales eased 0.5 percent from…

Shock Doctor Acquires XO Athletic

Shock Doctor, the number one mouthguard company, has acquired XO Athletic, best known for its athletic cups and supporters. Shock Doctor intends to maintain the XO Athletic brand. Terms were not disclosed…

Perry Ellis’ Q2 Losses Swell

Perry Ellis International, which owns numerous golf apparel brands as well as Nike Swim, widened its loss in the second quarter ended Aug. 2 to $1.62 million, or 11 cents a share, from $2.83 million, or 19 cents, a year ago. On an adjusted basis, earnings

Gordmans Stores Appoints President and CEO

Gordmans Stores, Inc., the Omaha-based apparel and home decor retailer, named Andrew T. Hall, formerly of Stage Stores, as president and chief executive officer…

Conde Nast Sells Fairchild Fashion Media Brands

Penske Media Corporation has acquired the U.S.-based trade publishing assets of Conde Nast’s Fairchild Fashion Media unit, the parent company of business-to-business brands Women’s Wear Daily, Footwear News, Beauty Inc, M and the Fairchild Sum

Petzl Technical Institute Opens in Salt Lake City

Petzl America has opened the Petzl Technical Institute at their new headquarters in Salt Lake City, which will work with fire/rescue professionals, arborists, special military forces, rock climbers, cavers, alpinists, routesetters and climbing gym employe

TransRockies Run Concludes in Colorado

Hoka One One, Balega, Salomon and Adidas athletes were among those taking the podium at the 2014 PepsiCo TransRockies Run, which concluded Sunday in Beaver Creek, CO after six days, 120 miles, and 20,000 feet of climbing…

Hydro Flask Honored by Inc. Magazine

Hydro Flask, manufacturer of insulated stainless steel flasks, has joined Inc. magazine’s elite group of the 500 fastest-growing private companies in the country…

Advent International Acquires 15 Pecent Stake in Lululemon

Advent International has completed its purchase of 20.1 million shares in Lululemon Athletica Inc., giving it a 14.87 percent stake in the performance apparel company, according to a filing with the Securites & Exchange Commission…

Vestis Retail Group Completes Sport Chalet Acquisition

Vestis Retail Group, owned by funds advised by Versa Capital Management and operating Bob's Stores and Eastern Mountain Sports, announced the completion of its previously announced acquisition of Sport Chalet, the full-service specialty sporting good

Remington Announces Marketing Alliance

Remington Outdoor Company announces an alliance with firearm instructor, NRA Commentator and active United States Practical Shooting Association (USPSA) competitor Gabriela Franco…