At the halfway point of summer, lodging properties in mountain destinations are enjoying a strong overall seasonal performance but lacking the impressive year-over-year growth figures posted in the past decade.
Author: SGB Media
Avenatti Motion Punches Back At Nike, But Will It Land?
Legitimate claim that Nike Inc. made illegal payments to high school hoops stars, or malicious attempt by desperate lawyer to clear his name of wrongdoing? That’s the question at the heart of the motion that attorneys for Michael Avenatti filed in federal court Wednesday to dismiss his recent indictment. SGB breaks down the latest in this ongoing saga, which includes accusations of payments to such stars as Zion Williamson.
Dillard’s Significantly Widens Loss In Q2
Dillard’s Inc. reported a net loss for the 13 weeks ended August 3 of $40.7 million, or $1.59 per share, compared to a net loss of $2.9 million, or 10 cents per share, for the prior-year second quarter. Analysts expected a loss of 77 cents per share.
FanDuel Group, Major League Baseball Announce Sports Betting Partnership
FanDuel Group and Major League Baseball (MLB) Thursday announced a multi-year partnership designating FanDuel as an authorized gaming operator of MLB. This is a landmark deal for FanDuel as it marks the company’s first partnership with Major League Baseball or an MLB team. The partnership provides FanDuel access to official MLB data, along with league […]
Johnson Outdoors Appoints Larry Baab To Lead Camping & Watercraft Divisions
Johnson Outdoors Inc on Thursday announced the appointment of Larry Baab as group vice president – camping & watercraft recreation. Baab will oversee camping brands Eureka and Jetboil, and watercraft brands Old Town, Ocean Kayak and Carlisle.
Private Equity Firm Norwest Invests In Vuori
Norwest Venture Partners on Thursday announced it has made a minority equity investment in Vuori, a performance apparel brand based in Encinitas, CA. Financial terms of the investment weren’t disclosed.
RYU Apparel Appoints Camilo Lyon To Board of Directors
RYU Apparel Inc. on Thursday announced it has appointed Camilo Lyon to the board of directors of the company, effective immediately.
Frank Gore Named Xenith Brand Ambassador
Xenith on Thursday announced that Buffalo Bills running back Frank Gore will come on as a brand ambassador. Gore will be wearing a Xenith helmet this season.
Varsity Brands Appoints Justin Kentor Chief Of Strategy and Business
Varsity Brands on Thursday announced that Justin Kentor has joined the company as chief of strategy and business transformation, effective immediately.
July Retail Sales Show Gains But Stock Market, Tariffs Jeopardize Consumer Spending
Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said Thursday. The numbers exclude automobile dealers, gasoline stations and restaurants.
2019’s Best Cities For Soccer Fans
With the U.S. Open Cup final coming up at the end of August and the U.S. Women’s National Team having won the World Cup this year, WalletHub today released its report on 2019’s Best Cities for Soccer Fans as well as accompanying videos. To find the best places for loving— for many, the world’s favorite sport—WalletHub compared […]
Avenatti Files Motion Accusing Nike of Zion Payment
Lawyers for Michael Avenatti on Wednesday filed a motion in federal court alleging that an employee with Nike’s Elite Youth Basketball (EYBL) division authorized payments to former Duke star Zion Williamson and ex-Indiana star Romeo Langford when they were still in high school in February 2017.
FeraDyne Outdoors Appoints John Flanagan As CFO
FeraDyne Outdoors LLC has named John Flanagan as the company’s CFO. Flanagan has more than 25 years of experience in finance, operations and strategy, driving process improvements in both publicly traded and private companies.
Shimano North America Fishing Appoints Jim Lupinski Senior Sales Manager
Shimano North America Fishing Inc., a subsidiary of Shimano Inc., this week announced the appointment of Jim Lupinski as senior sales manager.
JCPenney Partners With ThredUp In New Business Model Expansion
J. C. Penney Co. Inc. on Thursday announced that 30 JCPenney stores will soon be offering a sought-after selection of secondhand women’s clothing and handbags from ThredUp, a consignment store featuring like-new styles from leading designers and brands.
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