SGB Update Sports & Fitness
JD Sports Acquires Ireland’s Champion Sports
JD Sports Fashion, the U.K. retailer, has agreed to acquire the Irish store chain Champion. JD Sports also agreed to advance €17.1 million ($23.4 mm) as a secured loan to allow Champion's outstanding debts to be settled…
JJB Sports Fined For Hiding Acquisition Costs
JJB Sports was fined £445,000 ($609,000) by the U.K.'s Financial Services Authority (FSA) for misleading the market over the cost of two acquisitions…
New Balance Foundation Donates $7M to Childhood Obesity Program
New Balance Foundation donated $7 million to Children’s Hospital Boston to establish the New Balance Foundation Center for Childhood Obesity Prevention, Clinical Research and Care. The gift will be used to transform the lives of overweight and obese
Spyder Reups Sponsorship with the U.S. Ski Team
Spyder Active Sports has been named as the official outwear provider of the U.S. Ski Team through 2016. The announcement at the SnowSports Industries America Snow Show in Denver extends a 21-year partnership between Spyder and the U.S. Ski Team…
RECALL: KEE Action Sports Paintball Gun
About 1,400 paintball guns from KEE Action Sports are being recalled. The U.S. Consumer Product Safety Commission said that when users attempt to pierce the CO2 cartridge by closing the lever to the cartridge chamber, the cartridge can fly out of the mark
Grassroots Outdoor Alliance Moves Summer Show to Ogden
The Grassroots Outdoor Alliance is moving its its 2011 Summer Show from Snowbasin to the Ogden/Weber Convention & Visitors Bureau, according to a report by Utah Business. While the show has outgrown facilities at Snowbasin, it also further validates the C
Jarden Expects Record Fourth Quarter Revenues
Jarden Corporation, which owns Coleman, K2, Marmot, Penn Rawlings and other outdoor and team brands, expects record revenues of at least $1.65 billion for the fourth quarter of 2010 and approximately $6.0 billion for the full year, according to preliminar
OBIT: Former NSGA Chairman John Cook Passes Away
John Cook, Sr., who served as chairman of the National Sporting Goods Association (NSGA) from 1987-1988, passed away on Sat., Jan. 15. He was 82 years old…
Adams Golf Wins YES! Bid
With a bid of $1.5 million and a total purchase cost of $1.65 million, Adams Golf has purchased Denver-based Progear Holdings dba Yes! Golf and its related assets…
Fleet Feet Introduces Vendor Partner Grant Program
Fleet Feet, Incorporated, the leading franchisor of running specialty stores, has launched a Vendor Partner Grant Program. The company awarded $25,000 in grants to five stores on behalf of its vendor partners to support the stores' charitable contrib
American Smooth Wave Acquires Shoe Brand Ailibao
American Smoothwave Ventures, Inc., based in Palm Desert, CA, has acquired Ailibao International Investment Limited, a British Virgin Islands company. Through its PRC subsidiaries and controlled companies, Ailibao International Investment Limited designs
Callaway Golf Signs Trevor Immelman
Callaway Golf Company has reached an endorsement agreement with PGA TOUR Professional Trevor Immelman…
DSW Inc. Names SVP and General Manager, Leased Division
DSW Inc. appointed Christopher Lanning as senior vice president and general manager of the leased business division…
C4 Waterman Lands Investor to Fuel Watersports Expansion
GreenWater Holdings of Newport Beach, CA has made an investment in C4 Waterman, Inc. to enable it to grow beyond stand-up paddleboards and into other water sports, the two companies announced…
Report: North Face Will Outfit US Freeskiers
The North Face will become the official outfitter of U.S. freeskiers for the 2014 and 2018 Winter Olympiads, according to a report from The Wall Street Journal…
