U.S. consumer confidence rose in November after three straight monthly declines, with U.S. consumers planning big-ticket purchases, including motor vehicles and houses, over the next six months despite higher prices and interest rates.
Author: SGB Media
Vista Outdoor Appoints Co-CEOs Ahead of Split
As part of the previously announced plan to sell its ammo business to Czechoslovak Group and change the company’s name to Revelyst, Vista Outdoor, Inc. named Eric Nyman and Jason Vanderbrink as co-chief executive officers in a regulatory filing.
WFSGI Rolls Out New Strategic Plan Focused on Physical Inactivity
The World Federation of Sporting Goods Industry (WFSGI) rolled out a new strategic plan last week prioritizing the highest historical rate of physical inactivity.
BowFlex Receives NYSE Notice Of Non-Compliance
BowFlex, Inc. received a written notice from the New York Stock Exchange (NYSE) that the company does not comply with its Continued Listing Standards, which requires it to maintain an average global market capitalization of at least $50.0 million over a consecutive 30-day trading period and a total stockholders’ equity equal to or greater than $50.0 million.
Bigshot Archery Acquires Delta McKenzie Targets
Targets will continue to be sold and marketed under the Bigshot and Delta McKenzie brand names and Bigshot will continue to be represented by MWS Associates while Delta McKenzie will continue to be represented by Summit Outdoor Sales.
Newell Brands Adds New Board Member
Effective January 1, 2024, Anthony Terry, recently retired executive vice president and chief financial officer of Marriott Vacations Worldwide Corp., will serve on the company’s Board of Directors.
Champion Names VP, Chief Marketing Officer
HanesBrands announced that Richard Mcleod was named vice president and chief marketing officer of global Champion. He joined the company from Canada Goose, where he was senior vice president of brand.
ICSC Releases Post-Thanksgiving Weekend Survey Results
The International Council of Shopping Centers (ICSC) reported the results of its post-Thanksgiving weekend survey*, which showed that over half of respondents (56 percent) noted that they shopped just as much or more than in the past, an increase of 6 percent from its 2022 survey.
Neiman Marcus Rejects Saks Takeover Bid
According to the Wall Street Journal, Neiman Marcus rejected Saks Fifth Avenue’s offer of $3 billion to acquire the retailer; however, the two chains are continuing to negotiate, focused on the terms of the deal.
Bandier Seeks Sale Amid Credit Pressures
Bandier, the women’s activewear brand, is looking for a buyer to acquire its assets, including inventory and intellectual property. DSI Assignments is conducting the expedited sale process.
Dakine launches Winter 2024 Signature Series
Dakine launched its winter signature series of packs, gloves and mitts, designed in collaboration with snowboarding and ski athletes Sam Taxwood, Louif Paradis, Jill Perkins, Karl Fostvedt, and Sammy Carlson.
Grundéns Using Compostable Bag for Apparel Line
The new Velo bag, which can decompose within a year, to replace plastic poly bags.
New Era Partners with Lone U.S. Formula 1 Team
New Era reportedly inked a long-term headwear partnership with the MoneyGram Haas F1 Team for the 2024 season and onwards.
Tailwind Nutrition launches Rapid Hydration Drink Mix
Tailwind Nutrition launched Rapid Hydration, a natural electrolyte drink mix with a blend of electrolytes and Vitamin C to optimize hydration during workouts or the day.
Front Runner Dometic Drops Toyota Sequoia Roof Rack Kits
Front Runner Dometic dropped three new Toyota Sequoia Roof Rack Kits—Slimline II, Slimsport and the Lightbar Ready Slimsport—to work with 2023 models.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal