Bansk Group has acquired Foundation Wellness, the parent company of the Powerstep, Currex, Foot Petals, Flat Socks, Doctor Hoys, and other branded footcare-focused product companies from Gridiron Capital.
Author: SGB Media
Mad Engine Global Adds Three Leaders to C-Suite
The senior team expands with the addition of Angelina Yagudayev as chief merchandising officer, Christine Bettles as chief financial officer and Gina Cappi as chief creative officer.
EXEC: Nordstrom Family Offers Path to Take Namesakes Retailer Private
A real deal to go private is finally on the table at Nordstrom Inc., with family members Erik Nordstrom and Pete Nordstrom at the center of a proposed $3.76 billion deal.
SFIA Appoints New President and CEO as Tom Cove Retires
Todd Smith becomes president and CEO effective October 1. He succeeds Cove, who announced his retirement as president and CEO in early 2024 after leading the organization since 2005.
Yamaha U.S. Marine Business Unit Names National Sales and Marketing Manager for G3 Boats
Bryan Seti has been named the new national sales and marketing manager for G3 Boats. Heee will continue as GM of Yamaha’s WaterCraft Division.
EXEC: Sportsman’s Warehouse Lowers Outlook as Q2 Hurt by Tight Inventories
Company CEO Paul Stone said they ran inventory too low in the first half of the year and did not invest in the right amount of inventory, particularly in core products and did not invest in the right amount of inventory, particularly in core products.
Youngone Corp. Opens Canadian Office led by SVP Diana Seung
Most recently, Seung was the president of Tentree, an apparel brand based in Vancouver, BC. Before that, she worked for Callaway Golf as GM of North America
C&H Precision Appoints New Marketing Director
In addition to being a Marine Corps veteran, Travis Tipps, gained valuable insights and knowledge working in various roles in the firearms, ammunition and tactical gear industries, including for Daniel Defense, Strategic Armory Corps, Norma and Blue Force Gear
SAR Firearms Appoints Chief Executive Officer
New CEO Tony Sarsilmaz reportedly joins SAR Firearms with over 20 years of leadership, business development, marketing, and growth experience in organizations ranging from startups to large-scale corporations, including over 20 years of service in the U.S. Army.
Allbirds, Inc. Will Execute 1-for-20 Reverse Stock Split Today
The Reverse Stock Split is expected to become effective at 5 p.m. EDT today, September 4, 2024, and the company’s Class A Common Stock is expected to begin trading on a post-split basis at the market open on September 5, 2024.
Dick’s Sporting Goods Lifts Full-Year Guidance After Strong Q2 Results
Comparable store sales growth came in at 4.5 percent y/y, on top of the 2.0 percent y/y comp store sales growth in the year-ago Q2 period. Six-month year-to-date comps were up 4.9 percent y/y through August 3.
Protest Sportswear Inks NA Distribution Deal with Momentum Distribution
With Momentum Distribution’s over 25 years of experience, Protest Sportswear noted that the company had played a key role in the success of Vans, Arena and Descente.
Report: Textile Mills Lead List of Declining Manufacturing Operations in August
The U.S. manufacturing sector’s economic activity contracted in August for the fifth consecutive month and the 21st time in the last 22 months as demand continued to be weak, output declined and inputs stayed accommodative.
AAFES to Offer Outdoor Gear from Bass Pro Shops on Exchange Website
Bass Pro Shops signed an agreement with the Army & Air Force Exchange Service and the DOD’s largest retailer to bring a selection of Bass Pro fishing, hunting and camping gear as well as apparel to the military’s ShopMyExchange.com.
REI Co-op Expands Cameron Janes Role in COO Promotion
In his expanded role, Janes’s responsibilities include fulfillment and logistics and leading REI’s experiences division, which provides adventure travel, day tours, and classes.
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