Kjus, a golf, ski and lifestyle apparel company owned by Acushnet Holdings Corp., has named Brooke Mackenzie as president of its worldwide operations.
Author: SGB Media
Brand Velocity Acquires Altama And Original S.W.A.T.
Brand Velocity Partners (BVP), a private equity firm focused on acquiring lower-middle market consumer businesses, announced it has purchased Original Footwear Inc., the parent of the Altama and Original S.W.A.T. footwear brands.
StockX’s Resale Market Surpasses $1 Billion In GMV In 2019
StockX, the sneaker resale marketplace, announced it surpassed $1 billion in gross merchandise value (GMV) in 2019 and grew global buyer and seller registrations by more than 100 percent.
Fleet Feet To Open Two Locations In Texas
Fleet Feet announced its plans for expansion in Texas in 2020 with the opening of two new locations. The first location will open in San Antonio in March and will become the third San Antonio store for the brand. The second location will open in Plano in April and will mark the first Fleet Feet location in the Dallas area.
JCPenney To Close Six Stores This Spring
JCPenney will close six stores by April 24. The stores are in Montana, New York, North Carolina, Ohio, Oklahoma and South Carolina.
Moody’s Sees Continuing Challenges For Department Stores In 2020
Moody’s, in a new report, predicted that “another dismal year” for U.S. department stores will accelerate change in 2020. The sector heavily underperformed the broader retail industry last year despite continued investments and offering updates, the still-solid growth of the U.S. economy and strong consumer spending.
CODI’s Debt Ratings Upgraded
The corporate family debt ratings of the parent of 5.11 Tactical, Velocity Outdoor and Liberty Safe were upgraded to Ba3 from B1 and the probability of default rating (PDR) lowered to Ba3-PD from B1-PD.
Mossberg Appoints New VP Of Operations
O.F. Mossberg & Sons, Inc. announced the appointment of Patricia Donahue as vice president of operations, effective immediately.
National Geographic Celebrates 50th Anniversary of Earth Day With Two World Premiere Specials
National Geographic plans to celebrate the 50th anniversary of Earth Day on April 22 with two primetime global specials: Born Wild: Earth Day Live and Jane Goodall: The Hope.
Slackline Industries Acquired By Canadian Distributor In-Sport Fashions
Montreal, Quebec-based distributor In-Sport Fashions has acquired Slackline Industries, a manufacturer of slacklines and slackline systems since 2014. Financial terms of the deal weren’t disclosed.
PrimaLoft Promotes Chris Humphris To SVP Of Global Sales
Material technology provider PrimaLoft Inc. on Friday announced the promotion of Chris Humphris to the position of senior vice president, global sales. This represents a strategic move to align North American, European and Asian sales efforts for the company.
Aisle Talk Week Of January 13
Top headlines from across the active lifestyle industry featured in SGB during the week of January 13, 2020.
Under Armour To Introduce Joel Embiid Signature Shoe
Philadelphia 76ers All-Star center Joel Embiid announced he will launch his first signature shoe with Under Armour later this fall.
Vail Resorts Seeing Total Skier Visits Decline
Vail Resorts Inc. reported season-to-date total skier visits were down 7.8 percent compared to the prior year season-to-date period. The company continues to expect EBITDA for fiscal year 2020 to be within past guidance given strong season pass sales and the recently improved conditions at Whistler Blackcomb and Stevens Pass.
Taurus Names New CEO
Taurus announced that its board of directors has appointed Bret Vorhees as chief executive officer of Taurus Holdings, Inc., which encompasses Taurus USA, Rossi and Heritage Manufacturing product lines.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal