Perfect Moment Raises $3M in Stock Sale

The London-based skiwear and activewear company reported that it sold 10 million shares for $0.30 a share. In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 1.5 million shares to cover over-allotments

NSSF Hires Lisa Davis as VP of Human Resources

Davis brings over 25 years of HR leadership experience across multiple industries, including firearms, e-commerce, healthcare, manufacturing, and global IT consulting. She succeeds Deb Kenney, who recently retired after 29 years with the association.

FN America Names VP, Commercial Products

The manufacturer of firearms under the FN brand promoted Dan Hines to vice president of commercial products, effective June 2. He joined the company in 2023 as director of marketing.

Katadyn Group Appoints  CEO

Karl Baumann has been appointed CEO of the outdoor hydration, nutrition and cooking systems specialist, effective April 1, 2025. Baumann most recently served as CEO of Ferrum Process Systems Group.

Lululemon Sues Costco Over Alleged Copycat Yoga Pants

The brand is seeking a court order to prevent Costco from manufacturing, importing, advertising, and selling the alleged LULU counterfeit products. It also wants Costco to pull all ads that promote the products and is asking for compensation for lost profits.

Gaia Appoints CEO

Kiersten Medvedich, company president, has been promoted to CEO.  She continues to report to Gaia Founder and Executive Chairman Jirka Rysavy. Medvedich joined Gaia in 2016 as senior director of content.

Caleres Amends and Extends Credit Agreement

The parent company of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, has entered into an amendment of its credit agreement, which extends its senior secured asset-based revolving credit facility to June 2030.

Alo Yoga to Open First Store in Alabama

The Los Angeles, CA-based lifestyle brand specializing in luxury activewear, announced plans to open a stand alone shop in The Summit a one-million-square-foot upscale shopping mall with over 100 stores and restaurants located in Birmingham.