SGB Update Sports & Fitness

MEC’s Launch Resort Apparel Collection

MEC confirmed it began selling alpine ski and snowboarding gear last week, including its own line of apparel, for the first time, on Oct. 15…

RYU Apparel Announces Private Placement

RYU Apparel Inc. announced a private placement consisting of 6 million units at a price of $0.25 each for gross proceeds of $1.5 million…

Quiksilver Financing Package Approved by Bankruptcy Judge

Quiksilver Inc. announced that the United States Bankruptcy Court for the District of Delaware approved the full amount of its $175 million debtor-in-possession (DIP) financing package provided by affiliates of Oaktree Capital Management, L.P. and Bank of

Garmin Cuts Full-Year Guidance on Pricing Pressures

Garmin Ltd., in its second downward revision of the year, trimmed its EPS and revenue outlook for the year due to pricing pressures and foreign currency headwinds. Revenue targets were also lowered for its fitness, outdoor and aviation segments…

Nike Doubles Down on Innovation

Nike Inc., at its first investor meeting in two years, set an ambitious growth target to reach sales of $50 billion by 2020. Particularly strong growth was predicted for its women’s business, running, Jordan Brand and e-commerce. Said Mark Parker, N

PSG Acquires Q30 Sports License

Performance Sports Group Ltd. acquired a worldwide license from Q30 Sports, LLC to use its patent and technology assets in the development of products intended to address mild traumatic brain injury (mTBI) in sports and athletic activities…

Keen’s RV Wraps Summer Tour, Plans for 2016

Keen Inc collected more than 30,000 petition signatures and rallied support from more than 40 local businesses this summer during a 7,500-mile road trip that culminated in a reception on Capitol Hill to rally support for…

Climbing Wall Association Offers New Certificate Program

The Climbing Wall Association (CWA) has launched a training program for gym owners and employees designed in conjunction with Petzl Technical Institute to reduce the risk of at-height accidents and injuries…