SGB Update Sports & Fitness

Differential Brands Group Acquires Swims Brand

Differential Brands Group Inc. completed the acquisition of Swims AS, a Scandinavian lifestyle brand best known for its range of fashion-forward, water-resistant footwear and sportswear.

EMS and Bob’s Complete Restructuring

Versa Capital Management, LLC announced the formation of Eastern Outfitters, LLC, which will continue the restructured and recapitalized operations of Eastern Mountain Sports (EMS) and Bob’s Stores (Bob’s). EMS and Bob’s will operate as business units of Eastern Outfitters, LLC, a new holding company with over $400 million in annual multi-channel revenue

Amazon to Add Another Fulfillment Center

Amazon.com Inc. announced plans to open a fulfillment center in Sacramento that will be its tenth in California and fourth announced for the state in four months.

TomTom Reports Strong Sports Sales in Q2

TomTom reported strong growth of smart watches and other sports products could not offset declines in its legacy personal navigation devices, or PND, devices in the second quarter.

Nike Appoints VP of Running

Nike Inc. announced that Steve Lesnard will become VP, GM of global running, succeeding Patrick Seehafer who will become VP, Europe Merchandising.