G Fuel, a brand of caffeinated drink mix sold by Gamma Labs, appointed Bryan Crowley as CEO while securing a “significant cash investment” from Kingswood Capital Management and First Bev.
Author: SGB Media
KOA Sees Surge in Interest to Camp this Holiday Season
The Kampgrounds of America, Inc. (KOA) Monthly Research Report, November 2023 Edition, outlines a notable increase in holiday travel expectations, with camping a favored option for Thanksgiving, Hanukah and Christmas.
Vimazi adds pace-tuned walking shoe to collection
Vimazi released its first pace-tuned walking shoe, the Z90, which joins the brand’s road and trail pace-tuned running shoe collection.
Nordstrom’s Sales Led by Active in Third Quarter
Nordstrom reported slightly higher earnings in the third quarter on improving gross margins. Sales were down 6.8 percent with sales slumping 9.4 percent at the Nordstrom flagship banner and declining 1.8 percent at Nordstrom Rack.
Urban Outfitter’s Profits Soar in Third Quarter
Profits at Urban Outfitters surged 123 percent in the third quarter as sales grew 9 percent. Retail segment comps advanced 5.6 percent as gains of 22.5 percent at Free People and 13.2 percent at Anthropologie offset a 14.2 percent decline at the Urban Outfitters banner.
Reima USA Expands Indie Sales Rep Team
Reima USA hired Kerry O Sales to its independent sales rep network, marking a “significant step” in growing its U.S. business.
Solo Stove partners with Snoop Dogg on Limited-Edition Collection
Solo Stove announced that Snoop Dogg will be the company’s official “smokesman” to support its mission to eliminate smoke from backyards.
Free Fly Welcomes Christa Funk to Ambassador Team
Free Fly, a performance apparel brand, added Christa Funk to its growing ambassador team. Through her photography, Funk is known for capturing the waves, surf breaks and moments in big wave surfing.
Authentic Adds N.A. Kids Apparel Licensing Partner for Quik, Billabong and Roxy
Centric Brands, LLC inked an exclusive licensing agreement with Authentic to design, manufacture and distribute kids’ apparel for the Quiksilver, Billabong and Roxy brands in the U.S. and Canada.
Dakine Continues Partnership with Alterra Mountain Company
Dakine reported continuing its partnership with Alterra Mountain Company as the official pack and bag sponsor for the 2023/24 winter season, in addition to supporting events, programs, staff products, and uniforms for the bike parks.
SGB Media Thanksgiving Schedule
In observance of the Thanksgiving holiday, SGB Media is taking time to be with family and will not publish the SGB Evening Update on November 22 or the SGB Morning and SGB Evening Updates on November 23, or November 24. Publishing will resume on November 27, 2023.
Outdoor Research Appoints VP of Operations
Outdoor Research recently promoted long-time employee Geoff Potter to vice president of operations, who has worked in planning and operations for nearly 12 years.
Beachbody Completes Reverse Stock Split
The Beachbody Company, Inc. announced that the company’s board of directors had approved a reverse stock split of all of its common stock at a ratio of one post-split share for every fifty pre-split shares, effective November 21, 2023.
EXEC: Kohl’s Shares Fall on Choppy Q3 Results, Sharp E-Commerce Decline
The retailer had a solid back-to-school season, and through the first eight weeks, sales were tracking above expectations, but warmer weather during the latter part of September and into October had a clear impact on demand for fall seasonal goods, especially in store.
Wolverine Licenses Wolverine Brand Sock Business to Renfro Brands
Wolverine Worldwide’ licensed the Wolverine brand sock business exclusively to Renfro Brands.