SGB Update Sports & Fitness

The Jones Group Shareholders Approve Merger With Sycamore Partners

The Jones Group Inc. announced that, at today's special meeting, The Jones Group shareholders overwhelmingly voted to approve the agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash…

Freedom Group Sustained Firearms and Ammo Sales Growth in 2013

The Freedom Group reported net income grew eight fold on a 36.1 percent increase in sales in 2013, as demand for its firearms and ammunition brands remained strong. Sales of Firearms increased 34.3 percent, Ammunition 31.6 percent and sales of the Mountai

Running USA: Half-Marathon Races Growth Slows

Since 2003, per Running USA State of the Sport Reports, the half-marathon has been the fastest growing standard distance in the United States with a 12.5 percent annual finisher growth rate, and moreover, from 2006-12, the number of 13.1 mile finishers gr

Specialized Deploys Social Media Platform to Select Dealers

Specialized Bicycle Components launched a version of the popular bicycle-specific social media site Strava to select retailers in the US, Canada, UK, and Australia that enables them to create a community unique to their store…

Arctic Ice Now Available HomeDepot.com

Arctic Ice, a manufacturer of thermally regulating cooler panels, announces its partnership with The HomeDepot.com to bring their product offerings to their nationwide customer base…

NYPD Shuts Down Massive Nike Foamposite Sneakers Crowd

A Soho store, Supreme, cancelled the sale of the new Nike Air Foamposite 1 out of concern for public safety, after an estimated 800 people lined up outside the store Wednesday night. By 7:30 p.m., the police shut the street down and dispersed the crowd…

Firearms Industry Economic Impact Nearly Doubles in Five Years

The total economic impact of the firearms and ammunition industry in the United States increased from $19.1 billion in 2008 to $37.7 billion in 2013 which is a 97 percent increase.  The total number of full-time equivalent jobs rose from more than 166,000 to more than 245,000, a 48 percent increase in that five-year period, […]

US PALM Purchased by Founder

US PALM, an AK47 accessories and soft armor solution company, announces that founder Robert Anderson has purchased US PALM [US Primary Armament Logistical Manufacturing] from its holding company SGC Global Industries…

New Balance Signs ITU World Champion

New Balance announced the signing of their latest Team New Balance triathlete, reigning ITU World Champion Non Stanford. Together with fellow Team New Balance triathlete Lukas Verzbicas, they represent two of the top triathletes in the world…

Sierra Design Shifting to Independent Reps

Sierra Designs is transitioning to an independent sales force to provide specialty dealers with more support as its launches its completely redesigned line of outdoor gear…