SGB Update

Lion Brothers Appoint CEO

Lion Brothers Company, the specialist in apparel identity and customization, announced that Christopher Heyn has joined the company as president and CEO.

OBIT: Lamiglas’ Thomas Posey

Thomas Posey, president and CEO of Lamiglas, the maker of fishing rods and equipment based in Woodland, WA, has passed away in a plane crash.

Licensed Product Sales Still Challenged Post Pandemic

According to the 2022 Study of Sports Fan Behavior compiled by SBRnet*, licensed apparel sales are down coming out of the pandemic for four of the seven major team sports. The study surveyed 6,500 sports fans ages 13 years and older. Licensed product sales make up one of the 58 categories of data covered.   The […]

Fleet Feet Rockford Joins Fleet Feet Chicago

Specialty running store franchise DLZIMCO.Inc, owner-operators of Fleet Feet Chicago, has acquired Fleet Feet Rockford, expanding the Fleet Feet brand across northern Illinois.

Vista Outdoor To Acquire Fox Racing

Vista Outdoor, Inc. announced it had entered into a definitive agreement to acquire Irvine, CA.-based Fox Racing, the manufacturer of motocross, mountain bike and lifestyle-related gear, at a purchase price of $540 million, with the potential for an additional $50 million earnout based on the company’s financial performance.

SVSU Athletics partners with Nike, BSN

The Saginaw Valley State University’s (SVSU) Department of Athletics announced a partnership with Nike through BSN Sports beginning in the 2022/23 academic year.

Specialized Establishes European Innovation Hub

Specialized, the cycling brand based in Morgan Hill, CA, announced that Germany’s Denk Engineering had joined the company, forming the Specialized Freiburg Innovation Center.

Lululemon Launches In Spain

Lululemon Athletica, Inc. announced plans to open its first two stores and a local e-commerce site in Spain. Spain is a new European market for the brand since 2019.