SGB Update Sports & Fitness

Life Fitness To Expand Minnesota Factory

Life Fitness, the maker of fitness equipment, broke ground at its Ramsey, MN, factory to make way for a nearly 50,000-square-foot expansion…

Asics Trims 2015 Earnings Outlook

Asics Corp raised its sales forecast for the year, but cut its earnings targets due to currency fluctuations and non-recurring charges…

REI Names Lightenberg VP of Retail

REI promoted veteran employee Rachel Ligtenberg to VP of Retail, adding retail operations to her current responsibilities of leading store design, visual merchandising and the co-op’s flagship strategy…

Grayl Water Filters Hires Three Sales Groups

Grayl, the Seattle-based manufacturer of award-winning water filters and purifiers, is expanding its national presence through the hiring of three independent sales representative groups…

Active Junky Acquired by Purch

Active Junky, a loyalty platform and online shopping community that rewards and incentivizes users for their passion for gear and the outdoors, has been acquired by Purch, a digital content and commerce company…

SHIFT Awards Finalists Named

A surfer, a wilderness school and a Latina community organizer are among 33 finalists for the 2015 SHIFT Awards, which will be announced at the 2015 SHIFT Festival in Jackson Hole October 7…

Poler Outdoor Stuff Nets Equity Investment

Poler Inc. of Porland, OR, has received a $4.5 million minority investment from a large international strategic investor with help from Seattle-based Cascadia Capital LLC…

Kathmandu Holdings Repels Hostile Takeover Bid

Briscoe Group Limited's hostile takeover bid for Kathmandu Holdings Limited expired Sept. 17 after the New Zealand retailer's shareholders tendered just 3.6 percent of their shares…

Breaking Away Cast Honors IB Aware Winners

Landry's Bicycles of Boston, MA was named the 2015 Retailer of the Year at the Interbike Awards Gala Sept. 17, which kicked off with a cameo by the cast of the 1979 cycling film Breaking Away…

Trew Gear Raises $1.6 Million, Abandons Wholesale Model

Trew Gear, a snowboard and ski apparel brand with a strong following among backcountry freeriders, has raised $1.6 million in capital that to extend its product line, add staff, and fortify its direct-to-consumer operations, the Portland Business Journal

PE Firm Names Millenacker to Run Royal Robbins

Veteran outdoor brand executive Michael Millenacker has rejoined Royal Robbins as its new CEO, effective immediately.
Millenacker will also serve on the board of directors of BRS Outdoor Holdings, LLC, the controlling entity of Royal Robbins and Evolv Spo