SGB Update Sports & Fitness
Sail Outdoors’ Closes on $60 Million Credit Facility
Sail Outdoors, Inc. has closed on a $60 million senior secured credit facility which it will use for working capital and general corporate purposes, including expanding its chain of outdoor superstores in Quebec and Ontario…
Intelligent Fabric Company to Supply The North Face
IFabric Corp. announced that it's wholly-owned subsidiary company, Intelligent Fabric Technologies Inc. (IFTNA), is to become a supply partner to The North Face…
City Sports Appoints New CMO
City Sports named Ted Manning as chief merchandising officer. Manning joins City Sports following nearly two decades of service with outdoor retailer Eastern Mountain Sports, most recently as their executive vice president, where he developed strategies f
Chugach Powder Guides Names Wardlaw GM
Alaska heli-ski operator Chugach Powder Guides is pleased to announce that Tait Wardlaw has joined the company as its new general manager. Wardlaw most recently worked as vice president of brands, marketing and communications for The Rossignol Group, inc
Finish Line Foundation Awards Grants
The Finish Line Youth Foundation awarded 24 grants totaling $121,200 in the fourth quarter of 2012 to organizations that place an importance on youth development and an active lifestyle…
The North Face Issues Call for Explore Fund Applicants
The North Face announced the opening of the 2013 Explore Fund grant-giving program, which will provide $250,000 in grants to support non-profit organizations that are connecting youth to the outdoors. In previous years, Explore Fund grants have been award
Deckers Outdoor Acquires Balance of Hoka One One
Deckers Outdoor Corporation has fully acquired performance running shoe brand Hoka One One, after taking a minority stake in the company in July 2012…
Gregory Names Australian Distributor
Gregory named Frontier Equipment as its Australian distributor. Founded by industry veterans Dean Orange and Ben Ryan, Frontier Equipment has over 35 years of experience working with premium brands in the outdoor industry…
Globalstar Secures Forebearance Agreement from Noteholders
Globalstar, Inc, which owns the Spot family of satellite messenger devices, entered into a forbearance agreement with the holders of approximately 78 percent of its 5.75 percent Convertible Senior notes due 2028…
Easton-Bell Names UK Distributor for Cycling Brands
Easton-Bell Sports has appointed Zyro Limited (Yorkshire, UK) as its exclusive UK distributor for the company’s Giro, Bell, Blackburn, and Easton Cycling brands. Zyro, the largest privately owned cycling parts and accessories distributor in the UK a
Easton-Bell Names UK Distributor for Cycling Brands
Easton-Bell Sports has appointed Zyro Limited (Yorkshire, UK) as its exclusive UK distributor for the company’s Giro, Bell, Blackburn, and Easton Cycling brands….
Li Ning Logs Steep 2012 Loss
Li Ning, in the midst of a three-year restructuring plan, posted a net loss of RMB1.98 billion ($319 mm) in 2012. Revenues declined 24.5 percent to RMB6.74 billion ($1.07 bn)…
Under Armour Sued for Trademark Infringement
Gravity Defyer Corporation filed a lawsuit against Under Armour Inc. over the alleged infringement of its G Defy trademark…
Rider Sandals Launches Foosball Tour
Rider Sandals is launching a Collegiate Foosball Tour, which will make stops at four Florida college campuses between Apr. 12 -19. The tour will be looking for the best foosball players on each campus…
DuPont Drops Trademark Suit Against Easton-Bell
DuPont Co. dropped a federal lawsuit filed in Late January accusing sports equipment maker Easton-Bell Sports of misusing the Kevlar trademark in packaging for bicycle tires and locks, the Associated Press reported…
