SGB Update

DC Shoes Co-Founder Dies In Snowmobile Accident

Ken Block, the co-founder of DC Shoes and founder of the Hoonigan motor racing team, died in a snowmobile accident near his home in Utah on January 2. The news was confirmed on Hoonigan’s social media channels.

Milk Specialties Global Sold To Private Equity Firm

Milk Specialties Global, the largest manufacturer of whey protein isolate and milk and whey protein ingredients, was sold to Butterfly, a Los Angeles, CA-based private equity firm specializing in the food industry.

Christy Sports Acquires Grizzly Outfitters

Christy Sports acquired Grizzly Outfitters, the specialty outdoor retail and rental operator in Big Sky, MT. The terms of the deal were not disclosed.

Bleacher Bums To Close Two Stores

Bleacher Bums, the sports apparel and memorabilia retailer, is closing two stores in Colonial Park, PA and Frederick, MD, in January.

Fanatics And Lids Partner With Barnes & Noble Education For Campus Stores

Barnes & Noble Education, Inc. (BNED) announced it has entered into a long-term strategic omnichannel merchandising partnership with Fanatics and Lids to support sales of licensed sports and emblematic merchandise. Under the terms of the agreement, Fanatics and Lids will jointly make a $15 million strategic equity investment in BNED.