SGB Update Sportsmans
Lumo Raises $10 Million in Series B Funding
Lumo Bodytech, the makers of the Lumo Lift posture coach and Lumo Run smart shorts, has raised $10 million in Series B funding. The funding will be used to launch a wearables biomechanics platform…
American Eagle Outfitters Acquires Tailgate Clothing Company
American Eagle Outfitters Inc. announced the acquisition of Tailgate Clothing Company, which owns and operates Tailgate, a vintage, sports-inspired apparel brand with a college town store concept, and Todd Snyder New York, a premium menswear brand. The pu
Brooks Signs Running Standouts
Brooks Running added Stanford's Jess Tonn and Oklahoma State University's Natalja Piliusina to the Brooks Beasts Track Club team roster…
Riddell Awards $100,000 in Gear to Smart Football Programs
Riddell awarded a combined $100,000 in equipment grants to seven community programs that are committed to smarter football…
Descente Ltd. Rides Weak Yen to Big Profit Gains
Descente Ltd. upped its profit outlook for fiscal 2016 after reporting the weak yen and a rebound in South Korea easily offset big sales declines in North America and Europe…
Implus LLC Acquires FuelBelt
Implus LLC, the parent of Sof Sole, Balega, Triggerpoint, Yaktrax, and a number of other accessory brands, has acquired FuelBelt Inc. known for its multi-bottle hydration belts…
Nautilus’ Rebound Continues in Q3
Boosted by healthy sales gains in both its Direct and Retail segments, Nautilus Inc. reported earnings jumped 49.9 percent in the third quarter ended Sept. 30, to $3.7 million, or 12 cents a share…
Ebay Inc. Completes Sale of Ebay Enterprise
Ebay Inc. completed the previously announced sale of Ebay Enterprise to a Sterling Partners and Permira Funds. Enterprise Operations & Enterprise Technology Services was sold to Sterling Partners…
Golf Rounds Played Improve in September
According to Golf Datatech, golf rounds played increased 1.2 percent in September. The gains by region led by Mountain, up 4.2 percent; West North Central, 2.1 percent; and Mid Atlantic, 2.0 percent…
Fitbit ‘s Q3 Crushes Guidance
Fitbit Inc. reported revenues catapulted 168 percent year-over-year, easily exceeding the high end of its guidance while adjusted EBITDA nearly doubled. The company significantly lifted its guidance for the year and also announced plans for secondary offe
Columbia Sportswear CEO Sees No Fourth Quarter Slowdown
Columbia Sportswear Co. sold a record amount of outdoor apparel and footwear in the third quarter and sees no signs of a slowdown in the fourth quarter, CEO Tim Boyle told analysts Thursday. In fact, the owner of the Columbia, Sorel, Prana and Mountain Ha
MidwayUSA Hosts Baldridge Award Examiners
MidwayUSA, an online retailer of shooting, hunting and outdoor products, recently hosted examiners from the Baldrige Performance Excellence Program for three days at their…
Moosejaw Opens Pop-Up Location in Downtown Detroit
Moosejaw opened a new seasonal shop for the holidays Oct. 16 in the heart of downtown Detroit’s Woodward Avenue Retail District that features a wide assortment of The North Face and Patagonia…
Johnson Outdoors Acquires Diving Technology Venture
Johnson Outdoors Inc. acquired Seabear Diving Technology, a start-up specializing in underwater instrumentation…
Garmin’s Q3 Earnings Fall Fitness Margins Narrow
Garmin Ltd. reported revenues in its Fitness segment grew 23 percent in the third quarter ended Sept. 26 while sales in its outdoor segment slipped 5 percent. The company's consolidated adjusted earnings slid 33 percent, however, as rising R&D and ad
