SGB Update

GoPro Closes IPO

GoPro, Inc. closed its initial public offering of Class A common stock Tuesday after underwriters fully exercized their option to purchase 2,670,000 additional shares. All told, GoPro sold 8,900,000 shares through the IPO, while selling stockholders sold

Fleet Feet Honors Franchises at National Franchise Conference

Fleet Feet, Incorporated, the nation’s leading franchisor of running specialty stores, honored the outstanding contributions and accomplishments of its franchisees and store employees during its annual National Franchise Conference, hosted in St. Lo

Skora Relocates to Seattle

Skora Inc, the maker of premium, lightweight performance running footwear, relocated from Portland, OR to Seattle effective Tuesday, July 1…

Academy Sports to Expand Headquarters

Academy Sports + Outdoors is expanding its headquarters in Katy, TX, according to a report in the Houston Business Journal. Construction is well underway on a new 200,000-square-foot building and six-story parking garage at 1800 N. Mason Road where the co

Li and Fung Spin Off Global Brands Group Set for July 7

Li & Fung Limited will spin off its $3.2 billion brand management business, which acquired long-term global licensing rights to the Spyder brand in 2013, to its shareholders July 7 following a vote Tuesday by its board of directors…

Sport Chalet to be Acquired by Versa Capital

Vestis Retail Group, LLC, which is owned by funds advised by Versa Capital Management, LLC (Versa) and comprises Bob's Stores and Eastern Mountain Sports (EMS), signed a definitive agreement to acquire Sport Chalet, Inc. Under the terms of the agreem

Sport Chalet Posts Steep Annual Loss

Sport Chalet Inc. reported a loss of $10.1 million, or 71 cents a share, in its year ended Mar. 30, according to its just-filed 10K report. Revenues were down 4.8 percent to $343.5 million…

OR Adding Tailgating@Outdoor Exhibit

For the first time, Outdoor Retailer is joining forces with its sister show, the Sports Licensing and Tailgate Show, to create Tailgating @ OR – an exhibit area and enhanced marketing opportunity for brands with “tailgating” products looking t