SGB Update

Planet Fitness Appoints New Board Member

Planet Fitness, Inc. announced that Steve Beard, Esquire, chairman and chief executive officer of healthcare educator Covista, Inc., formerly Adtalem Global Education Inc., has joined its Board of Directors, effective immediately.

Fox Factory Adds Two Directors to Board Under Activist Pressure

Fox Factory Holding Corp., the parent of Fox, Marucci, Method Race and Wheels, added two new independent directors, established a Board-level Transformation Committee and entered into a cooperation agreement with activist investor Engine Capital.

Former NFL QB Duck Hodges Launches Men’s Apparel Brand

Founded by Alabama native, former NFL quarterback, and lifelong outdoorsman Devlin Hodges, Club Country offers performance polos, button-down shirts and hats that bridge the gap between traditional golf apparel and technical outdoor gear.

NRF Forecasts Import Cargo Volume to Decline 2 Percent in 2026 First Half on Tough Comps

The current forecasted volumes for the first six months of the year would bring the first half of 2026 to 12.27 million TEU, down 2 percent from 12.53 million TEU during the comparative H1 period in 2025. The decline compared with 2025 was attributed largely to moves to ship goods early before the onset of the Trump tariffs last spring and summer.

SGB Executive

EXEC: Eddie Bauer NA Retail Operator Seeks Sale or Rapid Windown In Bankruptcy Proceedings

Eddie Bauer, LLC, the entity operating Eddie Bauer’s stores in the U.S. and Canada, filed for Chapter 11 bankruptcy protection with a plan to close its 175 stores in North America while seeking a sale. In court papers, the company said a post-pandemic slowdown in outdoor-related sales, inflation, and U.S. tariffs had caused annual losses over the last four years and a 19 percent drop in sales since 2022.

EXEC: Gant to Bring Footwear Ops In-House Under Gant Footwear AB

The  U.S.-founded, Sweden-based brand will conclude its licensing agreement with Hamm Footwear GmbH, effective with the Spring/Summer 2027 season, and will take its footwear operations in-house “as part of its continued focus on strengthening the brand and business over time.”

EXEC: WFSGI Appoints Global Public Affairs and Advocacy Chief

Alexandra Knezovich has reportedly worked across Latin America, Africa, Europe, and Asia throughout her career, engaging a broad range of stakeholders including governments, international institutions, corporates, NGOs, donors, and academic partners.