SGB Update Sports & Fitness

Poler Inc. Raises $4.5 Million from Strategic Investor

Poler Inc. continued to turn heads last week by raising $4.5 million in equity capital from “a large international strategic investor” with the help from Seattle-based Cascadia Capital LLC…

Columbia Appoints SVP and Chief Human Resource Officer

Columbia Sportswear Company appointed Richelle T. Luther to serve as senior vice president and chief human resource officer. Luther has served as the company’s deputy general counsel since 2008…

Former PSG Chairman to Not Seek Board Seat

In a press release, W. Graeme Roustan, the former chairman of Performance Sports Group who had been seeking a seat on the company's board, indicated he will “forgo standing as a director nominee for the time being.” He also accused PSG's Chairma

Meijer Expands Skechers Concept Shop

Only six months after Meijer announced the opening of its first Skechers concept shop inside its Knapp's Corner store, the Grand Rapids, MI-based retailer announced that it's duplicating the shoe shopping experience in four more stores this fall

Finish Line’s Comp Gains Decelerate in Q2

Finish Line Inc.’s earnings slid 1.1 percent in the second quarter ended Aug. 29, to $25.9 million, or 57 cents a share, matching Wall Street's consensus estimate…

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…