SGB Update

Employee Benefits Costs Nearly Wipe Out Yue Yuen’s 1H Profits

Yue Yuen Industrial Limited reported that its decision to increase contributions for employee benefits by $90 million in the second quarter to compete in China’s increasingly competitive labor market wiped out much of its profits for the period. The

Biometric Apparel Startup Athos Raises $12.2 Million for Fall Launch

Athos, which has announced plans to launch a line of biometric fitness apparel this fall, closed $12.2 million in Series B funding, which the company plans to use to scale a new manufacturing process for embedding sensors in garments in advance of its fal

BPSA Forms Electric Bike Committee

In yet another sign that e-bikes are gaining traction in the U.S. market, the Bicycle Product Suppliers Association (BPSA) created an Electric Bicycle Committee last week…

Leatt Corp. Narrows Q2 Loss, Poised to Enter Bike Market

Leatt Corporation, a South African company planning to launch its first bicycle helmets at Eurobike and Interbike in coming weeks, reported its sales grew 16.6 percent in the second quarter ended June 30…

Cutter and Buck Expands Sales Force

Cutter & Buck has added three new representatives to its golf sales team, all with extensive experience in the apparel industry…

Employee Benefits Costs Nearly Wipe Out Yue Yuen’s 1H Profits

Yue Yuen Industrial Limited reported that its decision to increase contributions for employee benefits by $90 million in the second quarter to compete in China’s increasingly competitive labor market wiped out much of its profits for the period…

Winchester Donates Ammo to NSSF Rimfire Program

In conjunction with the recent news of its Silver Sponsorship of the NSSF Rimfire Challenge, Winchester Ammunition has also announced its generous allocation of 600,000 rounds of ammunition specifically earmarked for the Ammo Roundup Program…