SGB Update

Mike’s Bikes Partners With Giant Bicycle

Mike’s Bikes, the largest specialty bike retailer in the Western U.S., with 12 current retail locations and a national online presence, has signed with Giant Bicycles USA as a new full-line brand partner.

Bare Performance Nutrition Expands Austin Campus

Fitness, training and performance brand Bare Performance Nutrition announced their acquisition of nearly an additional 20,000 square foot of storage and warehouse property in Chandler Creek Business Park in Round Rock, TX. The acquisition marks the brand’s largest expansion since its launch in 2012.

Hodgdon Announces Closure Of GOEX facility

Effective immediately, Hodgdon Powder Company, Inc. will cease manufacturing operations at its Camp Minden, LA location while evaluating options for its black powder business.

Thor Industries Delivers 55 Percent Growth In Q4

Thor Industries Inc., the maker of motorhomes and campers, reported sales were up 54.6 percent in the fourth quarter ended July 31 with earnings per share surging 92.5 percent.

Revo Announces Additions To Executive Team

Revo announced that Jerry Bedingfield had been named VP Sales, Sport Specialty, U.S. operations, and Christoph Nitz and Kurt Lunger were appointed VP Sales, Sport Specialty, Europe.

Gap Closes Note Offering

Gap, Inc. announced it has closed its previously announced offering of $1.5 billion of senior notes.

IFit Health & Fitness Seeks $6.6 Billion Valuation In IPO

IFit Health & Fitness is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing with the Securities & Exchange Commission.