Al’s Sporting Goods in downtown Wilmington, DE, will close in December after 91 years in business. Owner Bob Hart is retiring.
Author: SGB Media
Watchtower Defense Opens New Texas Headquarters
The move to Tomball, Texas is said to be part of a transformation to build a new company focused on developing innovative, precision-engineered firearms and related products for today’s shooting, hunting and defense markets.
Steelhead Outdoors Moves to Larger HQ Space in MSP Area
A new 9,500 sq. ft. space in Shakopee, Minnesota, located southwest Minneapolis St. Paul, reportedly “more than doubles” the company’s working space.
Streamlight, Inc. Promotes Four to New Sales Leadership Roles
The company said the appointments are designed to strengthen the company’s sales organization, expand strategic partnerships, and support continued growth across its Law Enforcement, Sporting Goods, Federal/Military, and OEM markets.
Stoke Shoes Taps Former Deckers Brands CEO as Advisor and Investor
Dave Powers, former president and CEO of Deckers Brands, has joined the company as an advisor and investor. Stoke Shoes was launched this past spring by footwear industry veterans Rick Blackshaw and Ian Stewart.
NSSF-Adjusted NICS Background Checks Decline in August
The National Shooting Sports Foundation (NSSF) reported that its NSSF-adjusted National Instant Criminal Background Check System (NICS) figure declined 2.3 percent year-over-year in September 2026 after seven consecutive months of gains.
L.L.Bean to Open Ann Arbor Store in Mid-October
L.L.Bean is scheduled to open a new 20,000-square-foot store at the Briarwood Mall in Ann Arbor on October 16. The location is the second L.L.Bean physical retail location in Michigan, following the store at The Mall at Partridge Creek in Clinton Township.
Alterra Mountain Company Names CEO
Alterra Mountain Company appointed hospitality and operations veteran Kelly Vohs to the role of chief executive officer, effective October 19.
Nike’s Debt Ratings Downgrades on “Protracted” Turnaround, Cash Flow Declines
S&P Global Ratings lowered its debt ratings on Nike because its business turnaround is now expected to take “significantly longer” than the rating agency’s forecast, resulting in “sharply lower” revenue, profit, and cash flows over the next 24 months than previously assumed.
Centric Brands Appoints EMEA VP of Sales, Under Armour
Centric Brands appointed Dan Moneypenny, formerly of Footasylum and Castore, as VP of sales for its Under Armour business in the EMEA region.
Parkdale, Inc. Subsidiary Acquires Full Ownership of Ciclo Technology
Ciclo technology is said to address the issue of microplastic fiber shedding at the fiber level during manufacturing, use and care, and end-of-life when products fall outside collection and recovery systems.
Alo Yoga Opens First Store in Greater China
Alo Yoga opened its first physical retail spaces in Greater China, launching a massive flagship in Hong Kong and its first mainland China pop-up experience in Shanghai.
Fabletics Opens First Store in India
Fabletics opened its first-ever retail storefront in India through a partnership with Reliance Brands Limited. Fabletics operates 137 stores globally, including 126 in the U.S.
Samsonite Group Completes Acquisition of BÉIS
BÉIS is expected to continue to operate as a standalone brand within Samsonite Group’s portfolio under the direction of Adeela Hussain Johnson and its existing management team, with Shay Mitchell continuing to guide the brand’s long-term creative and product vision.
Unspun CEO Arne Arens Adds to Senior Leadership Team with Two New Hires
Former Boardriders, Yeezy, and Gap executive Deborah Palmer Keiser has been named chief operating officer (COO) and Michael Rabin was appointed as chief commercial officer (CCO) of the apparel tech start-up focused on localized, low-waste production.
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