SGB Update Sportsmans

MIFA Files for Self Administration, Seeks New Investors

MIFA Mitteldeutsche Fahrradwerke AG filed for the European equivalent of a Chapter 11 bankruptcy Monday after it failed to reach a final agreement with an Indian company that had agreed to recapitalize the German bike manufacturer. MIFA, which assembles m

EBay to Spinoff PayPal

EBay Inc. plans to spin off PayPal into an independent publicly traded company in 2015 under a plan approved by its board of directors. The proposed break up would unlock shareholder value by freeing PayPal to pursue more customers and partners…

Matt Rubel Continues as Key Trade Advisory Committee

President Barack Obama announced his intention to appoint Matthew Rubel, former president and CEO of Collective Brands, to an additional term on the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post…

Smack CEO Steps Down, New Chairman Appointed

Smack Sportswear, best known for its volleyball apparel, appointed Christopher Jenks as the chairman of the board, as well as the resignation of Smack CEO Bill Sigler…

Cabela’s to Host Ladies’ Day Out Event

Cabela's Incorporated will celebrate the growing number of women enjoying the outdoors with a Ladies' Day Out event, Saturday, Oct. 4, 2014, at stores nationwide…

FundSource OR to Repeat at Outdoor Retailer Winter Market

SD Sport Innovators (SDSI), Outdoor Retailer and sponsor Grow Utah are planning to stage the second FundSource OR in January after the event drew six emerging companies and 25 professional investors to Salt Lake City last month. During the event, which wa

Nike Fiscal First Quarter Runs Past Estimates

Nike, Inc. reported first quarter earnings rose 23.5 percent to $962 million, or $1.11 a share, easily beating Wall Street's consensus estimate of 88 cents a share. Revenues grew 15 percent to $8.0 billion. Earnings grew faster than revenue due to gr

Woolrich Opens First Standalone Store in North America in SoHo

Woolrich, Inc. opened its first standalone retail space in North America at 125 Wooster Street in New York’s SoHo neighborhood. The two-level flagship will carry men’s and women’s clothing and accessories from the brand’s contempor

Action Target Selects New Marketing Agency

Chevalier Advertising announces that it has been selected as the agency of record for Action Target, a manufacturer of shooting range solutions and targetry for the outdoor industry…