SGB Update Sports & Fitness
Fjällräven to Open Seven U.S. Stores in 2015
Fjällräven USA, which moved into its new headquarters in Colorado this summer, expects to open another seven retail stores in by the end of the year…
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…
True Fitness Acquires Paramount Fitness
True Fitness Technology Inc., based in O'Fallon, MO, has acquired Los Angeles-based Paramount Fitness…
Laird Hamilton Launches Surf Line
Laird Hamilton, big-wave surfer, launched Laird Apparel LLC, a business venture between three core partners: Chief Creative Officer William Cawley, President Tim Garrett and Hamilton…
Coghlan’s Acquires McNett Corp.
Coghlan's Ltd acquired McNett Corp. in a deal that combines leading suppliers of gear maintenance and repair products and other outdoor recreation accessories from Canada and the United States. Transaction terms were not disclosed…
National Park Service Is On Pace to Break it’s Last Year’s Visitation Record
Mild spring weather, cheap gas prices and Hollywood could help the National Park Service (NPS) set visitation records for the second consecutive year, according to preliminary data from the agency…
Quiksilver Bankruptcy Ruling Keeps Oaktree Rescue on Track
A federal bankruptcy judge cleared the way Thursday for a takeover of Quiksilver Inc. by the private equity firm Oaktree Capital Partners LP, while leaving the door open for superior offers…
ROC Gear Begins Manufacturing Mad Water Waterproof Duffels in Georgia
ROC Gear, a retailer, designer and distributor of outdoor gear, has created a manufacturing operation at its headquarters in Commerce, Ga. to make a new line of waterproof duffle bags for its Mad Water brand…
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
Finish Line Launches #FNLRunsSF for Nike Women’s Half Marathon
The Finish Line, Inc. has launched a campaign, titled “#FNLRunsSF,” focused on the needs of female customers surrounding the Nike Women’s Half Marathon San Francisco on Oct. 18…
Nike Opens East Los Angeles Community Store
Nike has opened Nike East Los, its latest Community Store, located at Whittier (on the Latino Walk of Fame) and S. McDonnell Avenue…
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…
