Report: Fanatics To Acquire Topps
Fanatics has reached an agreement to acquire the Topps’ trading card business, sources told The Wall Street Journal.
Compass Diversified Appoints Board Member
Compass Diversified announced that Alex Bhathal has been appointed to its Board of Directors. With Bhathal’s appointment, the Board will expand to nine directors.
Clarus Appoints COO And CFO
Clarus Corp. announced that Aaron J. Kuehne has been promoted to the new role of executive vice president and chief operating officer and Michael J. Yates has been appointed as chief financial officer.
Texworld New York Shifts To Virtual-Only Show
The Winter 2022 edition of Texworld New York City and Apparel Sourcing New York City trade shows, scheduled to run January 25-27, has moved to online-only following the nationwide rise in COVID variant cases.
Happy New Year!
SGB Media wishes all the best to you and your family as we head into 2022. We look forward to working together throughout the upcoming New Year!
L.L. Bean To Close Tysons Corner Center Store
L.L. Bean is closing the Tysons Corner Center store in Tysons Corner, VA, according to the Tysons Reporter.
Amazon To Sponsor Thrive Outside Community Initiative
Outdoor Foundation, the philanthropic arm of the Outdoor Industry Association (OIA), announced a new sponsorship by Amazon to fund the expansion of its Thrive Outside Community Initiative. Amazon joins L.L. Bean, Patagonia, REI, Thule, VF Corporation, Winnebago Industries, Wolverine Worldwide, and Yeti as a partner in the initiative.
Canadian Pacific Announces Contract Extension With Canadian Tire Corporation
Canadian Pacific and Canadian Tire Corporation, Limited, the parent of SportChek, announced a multi-year agreement to continue moving the retailer’s goods in Canada.
Wearable Technology Named Top Fitness Trend For 2022
With more people turning to their smartwatch or fitness tracker to monitor exercise and sleep quality, it’s not surprising that 4,500 health and fitness pros surveyed by the American College of Sports Medicine (ACSM) identified wearable tech as the new top trend in fitness for 2022. Rounding out the top-five were home exercise gyms, outdoor activities, strength training with free weights and exercise for weight loss.
On Launches Kenya-Based Trail Running Team
Swiss running brand On has launched Milimani Runners, an elite trail running team based in Iten, Kenya.
Nike Unite To Open In Orlando
A Nike Unite store is set to open at Waterford Lakes Town Center in Orlando, FL according to the Orlando Sentinel.
REI Expands Technology Leadership Team
REI Co-op announced it has expanded its technology leadership team with two new vice presidents. Analyn Nouri was hired as vice president of platform engineering and the retailer promoted 15-year employee Todd Wilson to vice president of product engineering.
Vista Outdoor Announces Acquisition Of Stone Glacier
Vista Outdoor Inc. announced the acquisition of Stone Glacier, a maker of lightweight, performance hunting gear designed for backcountry use.
NFL, Fanatics Face Antitrust Suit Over Amazon Merchandise Sales
The National Football League (NFL) its teams and licensing partner, Fanatics, Inc. were hit with federal antitrust claims in San Francisco, CA by a merchandising business and a consumer claiming they conspired to “strangle the competition” and monopolize NFL product sales through Amazon’s third-party marketplace.
Climashield Sold To PE Firm
Crown Capital Investments (CCI), an Atlanta-based private equity investment firm, has acquired Climashield to its manufacturing portfolio of companies.
