SGB Update

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

Tony Casella Joins Freewaters’ California Sales Team

Long time sales veteran Tony Casella has joined Freewaters. Casella will assume a newly created territory that encompasses the Central Coast over to June Mountain and down through the counties of Mono, Santa Barbara, Ventura, L.A., Orange and Riverside…

Propét USA Appoints President

Propét recently promoted Jack Krajnak to president of Propét USA. As the vice president of marketing and sales, Krajnak has helped grow the company sales and product offering…

Under Armour Reaches Lease Agreement for Seaholm Power Plant

CIM Group and Seaholm Power LLC reached an agreement with Under Armour, Inc. to lease approximately 35,000 square feet of the low-rise building currently under construction at the Seaholm Power Plant project in Austin to support MapMyFitness' growth.

Yogasmoga to Open First Two Stores

Yogasmoga, a designer, manufacturer and retailer of Yoga inspired athletic apparel and accessories, plans to open its first physical retail stores…

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

NRF Asks Appeals Court to Overturn Swipe Fee Settlement

The National Retail Federation and the Retail Industry Leaders Association asked an appeals court to overturn a federal judge’s approval of a controversial lawsuit settlement over Visa and MasterCard’s credit card swipe fees…

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…