SGB Update Sports & Fitness

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…

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

Sportsman’s Warehouse Investors to Sell Shares

Sportsman's Warehouse Holdings, Inc. announced that certain of its stockholders intend to offer 6.25 million shares of the company's common stock in a registered public offering…

National Bike Challenge Crushes Goal

The National Bike Challenge, an online ride tracking competition sponsored by PeopleForBikes and Kimberly-Clark, reached its 35-million-mile goal Sept 21 —10 days ahead of the five-month competition's 2015 end…

OBIT: Richard Donahue, Former Nike President

Richard Donahue, Nike’s president in the early 1990s, has passed away. Donahue, a Massachusetts trial lawyer and confidant of the Kennedy political dynasty, was appointed Nike’s president and COO in 1990. At the time, the company was facing a

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…

JD Sports Same-Store Sales Surge in First Half

JD Sports Fashion Plc reported same-store sales across all its Sports Fashion and Outdoor banners in the United Kingdom and Europe surged by more than 10 percent in the first half ended Aug. 1…