Genesco Inc. announced Wednesday it has entered into a definitive asset purchase agreement to acquire New York-based Togast LLC, which specializes in the design, sourcing and sale of licensed footwear.
Author: SGB Media
Conversation With Hibbett’s New CEO Mike Longo
In his first interview since being appointed CEO of Hibbett Sports Inc., Mike Longo tells SGB Executive how he ended up in the role, his goals for the Birmingham, AL-based company and the retail leadership priorities he learned most recently as CEO of “city specialty” retailer City Gear. Longo also admitted that, like his predecessor Jeff Rosenthal, he’s a bit of a sneakerhead.
Berghaus Hires New Head Of Category
Berghaus, the UK-based outdoor owned by Pentland Brands, appointed Paul Anderton as head of category for product and innovation.
IHRSA Launches Passport Program For Access To Gyms Worldwide
The International Health, Racquet & Sportsclub Association (IHRSA) on Wednesday announced the creation of the IHRSA Passport Program, giving members of IHRSA affiliated clubs access to more than 1,000 clubs worldwide when they travel.
Shred Announces New Sales Team
Shred on Wednesday announced its new national sales team. The eyewear and protection brand for skiers, snowboarders and mountain bikers (whose name is stylized as SHRED.) has created a new sales force composed of experienced reps in all key regions of the United States.
Michael Avenatti Pleads Not Guilty In Nike Extortion Case
Michael Avenatti, the celebrity lawyer, pled “not guilty” to an indictment accusing him of trying to extort as much as $25 million from Nike Inc.
The Pro’s Closet Announces New Facility,
The Pro’s Closet, a leading seller of pre-owned bikes and components based in Boulder, CO, announced that it has leased an additional 28,000-square-foot facility in Longmont, CO to accommodate its rapid growth.
TRX Obtains Court Order Validating Patents For Suspension Trainer
TRX, the developer of functional training equipment and training content, said a final judgment and order has been entered in the Northern District of Illinois validating the enforceability of three patents and three trademarks of Fitness Anywhere LLC (TRX).
Voxel8 Appoints President And CEO
Voxel8, a multi-material digital manufacturing company transforming design and production of footwear and apparel, announced the appointment of Dr. Friedrich (Fred) von Gottberg as president and chief executive officer and to the board of directors.
Rockport Group President Steps Down
Rockport Group confirmed that Javan Bunch is stepping down as president.
Columbia Sportswear Set To Join S&P MidCap 400
Columbia Sportswear Company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index.
Apex Global Brands Delays Release Of Q3 Results
Apex Global Brands, formerly Cherokee Global Brands, announced that it will file with the U.S. Securities and Exchange Commission for an automatic five-day extension of the deadline for submitting its quarterly report on Form 10-Q for its Third Quarter ended November 2, 2019.
Vicis Faces Credit Crunch
Vicis, the high-tech football helmet startup, is running out of money and may shut down operations, according to The New York Times.
Tracking Peloton’s Climb Out Of Advertising Stumble
Peloton Interactive Inc. appears to have ridden out the controversy surrounding its recent ad that took social media by storm and sent the company’s shares plummeting. When the company’s leadership took to the presentation circuit last week, the focus was not on that perceived misstep but instead on the potential Peloton is eyeing a few months after going public.
PowerBilt Partners With Head
PowerBilt Holdings, owned by Hillerich & Bradsby, entered into a multi-year agreement with Head Sport GmbH to design, manufacture and distribute an extensive line of golf equipment and accessories.
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