SGB Update

Jay Apparel Group Expands into Central America

JAG said it would focus on men’s woven sport shirts and other core products in Honduras and other key regional hubs, leveraging the benefits of U.S. trade programs, including the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR).

Capezio Acquired by Argand Partners

Founded in the U.S. in 1887, Capezio is an iconic global brand in the dancewear sector. The company designs and manufactures technical footwear, apparel and accessories that support dancers and athletes to practice, compete and perform. It is headquartered in Totowa, NJ.

New Balance Reopens London Flagship

The flagship store reopened on April 17 “putting people, not products, at the center” of the redesigned space. To mark the reopening, New Balance will host a series of events around the 2025 TCS London Marathon.

Bike Nashbar Founder Arni Nashbar Passes Away; Leaves a Rich Legacy

In response to what he saw as a gap in quality customer service in bike mail-order companies, he and his wife founded Bike Nashbar. At its peak, the company mailed over 14 million catalogs annually across the U.S. and Canada, employed over 350 people and shipped over 6,000 packages daily.

Rural King Opens New Kingsport Store

The store carries a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.

REX Roundtables Founder Will Phillips Passes Away

“The Health & Fitness Association joins the fitness industry in mourning the death of Will Phillips, an industry visionary and leader who guided so many of our members on their journeys as successful owners and operators,” said Health & Fitness Association President and CEO Liz Clark.

Buying Group Pioneer Don Pfau Passes Away

Throughout a long and storied life, Prau remained committed to Sports, Inc.’s success and prominence in the sporting goods industry.  The group has grown to over 600 from the original seven members, selling billions of dollars in sporting goods from coast to coast.