SGB Update Sports & Fitness

Vittoria Extends Pro Deals to Shop Teams

Vittoria Industries North America Inc. has begun offering pro deal discounts on its tires and tubes as well as 3T and Selle Italia products it distributes to local cycling teams across the United States…

Nike’s Directors to Retire

Nike Inc. announced Douglas G. Houser and Orin C. Smith have decided to retire from the Nike board of directors and not stand for re-election at the annual meeting of shareholders in September 2015…

Gap Sees Active Growth Well Beyond Athleta

While Athleta remains its chain most focused on the athleisure opportunity, Gap Inc. officials see opportunities in the active space for all its chains…

Six:02 Opens Registration for Dallas 6K

Foot Locker, Inc. announced that Six:02, its women's chain focusing on fitness, will host its second annual It's Your Time 6K race. The race will be held on Saturday, Nov. 14…

Big City Mountaineers Lands Notable Donations

May was a fruitful month for Big City Mountaineers, which received a 120-acre land donation in Minnesota as well as a $12,000 check from Peyton Manning’s PeyBack Foundation…

Hudson Bay Co. to Acquire Galeria Kaufhof, Sportarena

Canada-based Hudson's Bay company (HBC) has agreed to acquire Metro's department store group, which includes 16 Sportarena stores, the Galeria Kaufhof chain and its Belgian subsidiary Inno, for €2.825 billion…

Ollie’s Bargain Outlet Files IPO

CCMP Capital filed paperwork Monday for an initial public offering of Ollie's Bargain Outlet Holdings Ltd., a Pennsylvania-based discount retailer it acquired in 2012 that plans to open 25 to 30 new stores in fiscal 2015…

Zumiez Foreging Some Online Marketing Costs

Zumiez.com is foregoing two major marketing expenses that squeeze online retailers margins, Zumiez Inc. CEO Rick Brooks disclosed in investor presentations last week…

Garmont Appoints Director of Operations

Garmont International Srl appointed Marco Sancandi to the newly created position of director of operations. In this position, Sancandi will play a significant role in long-term planning…

Life Time Fitness Acquisition Closes

Life Time Fitness, Inc. announced the completion of its acquisition by an investor group led by affiliates of Leonard Green & Partners and TPG…