SGB Update Sportsmans

Spate Of Small Deals May Mark End Of M&A Boom

A spate of small acquisitions in recent weeks could mark the last gasps, rather than a resurgence, of a four-year boom in mergers and acquisitions in the global sporting goods industry, according to one investment banker.

Sports Direct Profits Slide in Fiscal Year

Sports Direct reported underlying profit before taxes slumped 8.4 percent to £275.2 million in its year ended April 24 largely due to a hike in wages and slower sales in the second half of the year. Sales grew 2.5 percent to £2.9 billion.

Modern Meadow Raises $40MM Series B Round

Modern Meadow, the biofabrication company that grows animal-free leather made from living cells, announced a $40 million Series B round of financing led by Horizons Ventures and Iconiq Capital…

Mountain Khakis Catches Some Slack

Mountain Khakis named Jennifer Slack senior product developer in another sign of its growing commitment to expand its men and women’s apparel.

Toyota Backs Yakima’s Road Warrior Program

Yakima Products Inc. has partnered with Toyota to present its Road Warrior Program, which provides dealer training during more than 75 cycling, outdoor and automotive consumer events across North America.