This strategic partnership with Pestilli Group marks a significant milestone in GPO’s growth in the U.S. and for both companies.
Author: SGB Media
Thompson/Center Arms Acquired by Former Owner
Gregg Ritz, the former owner of Thompson/Center Arms acquired the company to “reinvigorate the brand and its legacy in the firearms market.”
Wolverine Worldwide Appoints Chief Legal Officer and Corporate Secretary
Dave Latchana was promoted to chief legal officer and corporate secretary, overseeing the company’s legal, compliance, corporate communications, risk management, ESG, security, and loss prevention functions.
United States SailGP Team Appoints Lindsay Vonn to Board
The U.S. SailGP Team is one of ten national teams in SailGP, the emerging global league now in its fourth season, that races in high-tech, high-speed 50-foot foiling catamarans at worldwide.
Tailwind Nutrition Hires VP of Marketing
Kristen Flemington joins the company from Dutch Bros Coffee where she provided integrated marketing support prior to the company going public in 2021.
Gymshark Names Adidas Exec As First Wholesale and Retail Boss
Hannah Mercer joins the activewear brand after working at Adidas for six years as global vice president, where she reportedly “masterminded and executed the brand’s global retail strategy.”
EXEC: Velo Shuttering Colorado Cyclist and Planet Cyclery, Running Liquidation Sales
B. Riley is facilitating the total liquidation of Planet Cyclery and Colorado Cyclist’s inventory, in connection with the executed General Assignment for the Benefit of Creditors (ABC) of Velo.
Life Time Appoints Chief Science Officer
James LaValle, clinical pharmacist, C.C.N.M.T., as chief science officer to “spearhead the development and implementation of scientific initiatives and strategic relationships” to support Miora, Life Time’s new longevity and performance program.
Reef Appoints New CFO
Daniella Turenshine is Reef’s new chief financial officer. Most recently, she was the CFO at Figs since December 2021 and, before that, the senior vice president of Finance and Strategy since November 2018 at Figs.
Wiley X Restructures Sales Management and Adds 100 Reps
The company hired seasoned industry executive Aaron Quigley as SVP of sales. Quigley joins the brand with over 20 years of experience as a sales executive for companies, including Oakley, Stussy and VonZipper.
Sal Barbier Returns to Etnies as Creative Director for SLB Line
Barbier starts his role with the relaunch of the Sal 23 for Holiday 2024. He is “designing an SLB by Etnies collection that will launch in Spring 2026.
EXEC: Kappa Retail Stores in China See Comp Sales Decline in Fiscal Q4
Same-store sales recorded a high-single-digit decline on a year-over-year basis for Kappa-branded stores that have been in operation since the beginning of the prior-year fourth quarter.
Dometic Returns Manufacturing to Elkhart, Indiana
The Elkhart plant will produce the 9100 series of power awnings, with subsequent models added in the coming weeks. Its facility in Mexico will continue to service the aftermarket segment, focusing on logistics optimized through Dometic’s Texas distribution center.
EXEC: Thule Gets Shot in the Arm from Resurgent Bike Business in Q1
In the Americas, the recovery of the cycling market boosted bike-related products sales, but Packs, Bags & Luggage category sales declined due to “significantly lower” sales of legacy products that are phasing out gradually.
Fischer Sports Recalls RC4 Junior Ski Boots Due to Fall Hazard
This recall involves RC4 50, RC4 60 and RC4 65 Junior Ski Boots in sizes 21.5 to 27.5. The RC4 50 and RC4 60 sold in Rhino Grey and Snow colors.