SGB Update

Bowtech Selects New Senior VP

Bowtech Archery announces the appointment of Scott Henrikson as senior vice president of sales and marketing…

Spring Team Dealer Market Has Largest Show to Date

The ninth annual Team Dealer Market was held on June 9-11 at the Sheraton Charlotte Hotel in Charlotte, NC. The show was the largest spring Team Dealer Market to date with over 200 in attendance representing over 50 sporting goods stores…

Zyvex Technologies Acquired

Zyvex Technologies, which has spearheaded the use of graphene in the sporting goods industry, has been acquired in a deal its said will greatly accelerate the adoption of the 'wonder material' for consumer products…

New Balance Launches NB SparkStart

New Balance, Inc. and the New Balance Foundation launched NB SparkStart, a global initiative focused on improving the health, well-being and self-esteem of children through movement. The New Balance Foundation will provide $4 million in NB SparkStart gran

Wolverine Worldwide Appoints Jim Zwiers to Head International

Wolverine Worldwide has appointed James Zwiers president of its International Group and named James Gabel to replace him as president of its Performance Group, which includes the Merrell, Saucony, Chaco, Cushe and Patagonia footwear brands. Gabel joins Wo

Gutermann Sold to PE Group

KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. (“A&E”) will acquire substantially all of Gutermann Holding SE's global industrial and consumer thread business…

GPS Devices Shipments to Grow 30 Percent Through 2019

ABI Research forecasts that shipments of GPS devices such as smart watches and cycling computers, will grow 30 percent by 2019 despite the emergence smart garments and other wearable computers…

Lorpen North America Moves to Bigger Digs

Lorpen, a performance outdoor sock designer and manufacturer with roots in the Spanish Pyrenees, has relocated its North American office in the Toronto area in order to support growth…

Lorpen Relocates North American Headquarters

Lorpen, the performance outdoor sock manufacturer with roots in the Spanish Pyrenees, has relocated its North American office in the Toronto area in order to support the growing needs of the company and staff…

TrackingPoint Raises $29 Million in Series D Round

TrackingPoint, an Austin, Texas company that equips firearms with red dot targeting technology to ensure pinpoint accuracy at up to 1,200 yards, raised $29 million in a Series D financing round…

Stapleton, Nieroth to Co-Chair USA Cycling

The USA Cycling Board of Directors elected Bob Stapleton as chairman and Alex Nieroth as vice-chairman at its meetings this week in Colorado Springs. Stapleton takes office immediately and replaces Bill Peterson, who served as board chairman since March o

Truetech to Be Acquired By UK Materials Technology Company

Luxfer Holdings PLC, a UK-based materials technology company, has agreed to acquire Truetech, Inc., a New York company that makes an extensive line of self-heating meals, beverages and soups used by military, emergency relief agencies and outdoor enthusia