Author: SGB Media

Felix Capital Raises $300 Million In Funding

January 21, 2020 SGB Update

London-headquartered Felix Capital, which has already invested in the likes of Peloton, Highsnobiety, Farfetch and Goop, has raised an additional $300 million to continue its strategy of investing in digital lifestyle brands.

Milliken To Acquire Borchers

January 21, 2020 SGB Update

Milliken & Company, which acquired Polartec in June 2019, signed an agreement to acquire Borchers Group Limited, a specialty chemicals company known for its coating additives and specialty catalyst solutions.

FabFitFun Names First Chief Marketing Officer

January 21, 2020 SGB Update

FabFitFun announced that veteran marketing strategist Louisa Wee has joined the company as the first chief marketing officer, beginning this month. In this newly created role, Wee will oversee the strategy and execution for the company’s global marketing initiatives, as well as brand, content and creative programming.

Gordini Unveils Brand Refresh

January 20, 2020 SGB Update

Gordini, a snow sports handwear and accessories company founded in 1956, has launched a brand campaign featuring a new logo, website, creative campaign and product line.

ATN Opens Florida Distribution Hub

January 20, 2020 SGB Update

ATN, known for its night vision and thermal imaging optics for hunters, outdoor enthusiasts, military and law enforcement, announced that it opened a new distribution hub and sales office in Doral, FL.

Celebrating SMC’s 50th Anniversary With President Tom Gately

January 20, 2020 SGB Executive

“Specialty retail is the lifeblood of our industry, said Tom Gately, president of Snowsports Merchandising Corp. (SMC), which is celebrating its 50th anniversary this year. To commemorate the milestone, SGB Executive spoke with Gately about the importance of the longtime buying group, changes in the industry, and what’s on tap for the organization and the channel in the next 50 years.

Poor Northwest Snowfall Sinks Vail’s Season-To-Date Skier Visits

January 20, 2020 SGB Executive

A dearth of snow at Pacific Northwest ski areas wreaked havoc on Vail Resorts Inc.’s skier visit totals through January 5, but the Broomfield, CO-based company maintained its EBITDA guidance for the fiscal year thanks to improving conditions at the affected resorts and strong pass sales across its footprint.

Brand Velocity Acquires Altama And Original S.W.A.T.

January 20, 2020 SGB Update

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.

Fleet Feet To Open Two Locations In Texas

January 20, 2020 SGB Update

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.

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