Catch Co., a digital sportfishing brand platform, announced that it has closed a $6 million funding round, led by existing investor Listen Ventures.
Author: SGB Media
GSM Acquires Cold Steel
GSM Outdoors announced the acquisition of Cold Steel, a knife and tool company founded in 1980 that has been adopted by military, law enforcement, EMS, self-defense practitioners, and others.
My PT Hub Acquired By EverCommerce
EverCommerce announced the acquisition of My PT Hub, a personal training and fitness engagement solution for trainers and fitness clubs.
Retail Ecommerce Ventures Acquires Stein Mart’s IP Assets
Retail Ecommerce Ventures (REV) emerged as the winner of a bankruptcy court auction for the intellectual property (IP) of Stein Mart Inc. The acquisition follows the purchase of the IP assets of Modell’s Sporting Goods earlier this year and more recent purchases.
UPS Drivers Told Not To Pick Up Shipments From Nike And Other Retailers Amid Order Surge
UPS has reportedly told drivers across the country to stop picking up packages from six retailers, including Nike, as the carrier attempts to keep up with a record-breaking online shopping season amid the pandemic, according to an internal message obtained by The Wall Street Journal. The other retailers cited were Gap, Macy’s, L.L. Bean, Hot Topic, and Newegg.
The Buckle’s November Comps Increase 8.4 Percent
The Buckle Inc. announced today that comparable store net sales for the 4-week period ended November 28 increased 8.4 percent compared to a year ago. Net sales increased 8.1 percent to $86.3 million.
ZAG Skis Partners With Global Sales Guys On U.S. Launch
Chamonix-based specialty ski brand, ZAG Skis, announced a brand launch partnership with Colorado’s Global Sales Guys (GSG).
Merrell Partners With Blacks; Launches First Shop-In-Shop In UK
Merrell has partnered with Blacks to launch its first Shop-In-Shop on December 2. The store will sell Merrell’s apparel collection for the first time in the UK retail space.
NURVV Run Partners With England Athletics
NURVV Run announced a new partnership agreement with England Athletics which names NURVV Run as a headline partner of the England Athletics Club Run. The partnership also gives NURVV Run access to its network of runners and coaches and the opportunity to showcase its smart insoles. Using biomechanical principles to analyze a runner’s data, NURVV […]
PVH Corp.’s Q3 Revenues Drop 18 Percent
PVH Corp. reported revenue in the third quarter decreased 18 percent to $2.118 billion or 21 percent on a constant-currency basis, a sequential improvement compared to the percentage revenue decreases in the prior two quarters.
Sportsman’s Warehouse’s Q3 Revenues Climb 59 Percent
Sportsman’s Warehouse reported net income jumped nearly three-fold in the third quarter ended October 31 as sales grew 59.1 percent. Same-store sales surged 41 percent, driven by elevated participation in fishing, camping and hunting.
Sequential Brands Announces Relaunch Of Review Of Strategic Alternatives
Sequential Brands Group Inc. announced that its Board of Directors has relaunched a broad exploration of strategic alternatives available to the company to best position it for success and maximize value. Such strategic alternatives may include the sale of the company or the divestiture of one or more existing brands.
NRF Sees Slight Decline In Shopper Traffic Over Thanksgiving Weekend
An estimated 186.4 million consumers shopped in-store and online from Thanksgiving through Cyber Monday, down slightly from 189.6 million in an unusually robust 2019, according to the annual survey released by the National Retail Federation.
StockX Reports Record-Breaking Cyber Weekend
Building on rapid growth in 2020, StockX reported a record-breaking Cyber Weekend, with daily gross merchandise value (GMV) averaging 100 percent growth compared to the same four-day period in 2019.
Nautilus C7 Indoor Cycling Bike Debuts At Dick’s Sporting Goods
Nautilus, inc. announced the expansion of its indoor cycling bike series with the Bowflex C7 connected bike. The bike, available at select Dick’s Sporting Goods, offers digital connectivity to personalize a workout. The C7 takes the Bowflex C6 bike to the next level with the following features: integrated 7-inch HD touch screen with access to […]
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