Mark Hasting was promoted to president and CEO and Kim Treece to chief stores officer. Jane Blain Gilbertson will assume the executive chair of the company’s Board and remain the sole owner of Blain’s Farm & Fleet and Blain Supply, Inc.
Author: SGB Media
EXEC: Giant Group Sees May Sales Decline Accelerate
The Taiwan-based bicycle manufacturer reported a 7.1 percent year-over-year decline for the month to NT$7.2 million.
Report: Solo Camping Continues Upward Trend
The surge in solo camping is closely tied to the availability of free camping sites. In 2023, a significant 65.8 percent of campers chose to camp for free, an increase from 47.5 percent in 2021.
F45 Training Names Master Franchisee for South Africa Region
Karen Loader, CEO of Functional Fitness South Africa Pty, Ltd., is reportedly an existing multi-unit F45 Training franchisee in Bryanston and Fourways, headquartered in Johannesburg, South Africa.
Authentic Inks Deal to Manage Sportswear and Activewear for Tapout Brand
Wholesale apparel company One World Brands will design, manufacture and distribute activewear and swimwear for men, women and kids.
Finisterre Opens First North American Retail Location
The retail storefront, in partnership with Maine Surfers Union in Portland, ME, is expected to spearhead the brand’s global retail expansion into North America.
Tronus Makes Leadership Transition
The futuristic luxury athleisure sneaker brand reported that Cynthia Cureton-Robles, co-founder and COO, stepped into the CEO role.
Trango Hires Facility Sales Coordinator
Roy Quanstrom will work with Trango’s independent sales teams to enhance its relationship with commercial gyms in the U.S. and “wall” accounts
Nalgene Outdoor Celebrates 75 Years with Two Exclusive Designs
Nalgene Outdoor’s anniversary limited edition designs featured on its 32-ounce wide-mouth bottle will be available exclusively on Nalgene.com, with 20 percent of each anniversary bottle sold supporting the Nalgene Water Fund.
Centric Brands Inks Global Licensing Partnership with Messi Brand
The product categories will offer a diverse range of styles that embody the Lionel Messi brand, featuring men’s, women’s and kid’s categories, including apparel, outerwear.
JCPenney Invests $40 Million in Supply Chain Upgrades
As part of the retailer’s self-funded $1 billion reinvestment strategy announced last year, the centerpiece of the upgrade is implementing the Joey Pouch sorting system at its distribution center in Reno, NV.
Studio Pilates International Continues U.S. Expansion
The Australian-based reformer Pilates company with over 100 locations worldwide, announced its continued expansion with four new U.S. studios in Nashville, TN, opening this fall.
Fifty 1 Labs Acquires Drago Knives
The acquisition of Drago Knives, LLC, marks a milestone for Fifty 1 Labs as it expands its portfolio into the “growing market of throwing knives,” an ancient practice with a history that dates back to prehistoric times.
Helinox Opens Flagship in Paris
The company opened its first retail store in Europe and will also serve as a community hub, hosting events, artists and activities.
Retail Sales in May Weaker Than Forecasted
Retail sales increased slower than expected in May versus the prior month, as high interest rates and inflation pressured consumer spending.