EVent Fabrics announced the hiring of Bartosz Lassak as senior sales manager for the Eastern U.S. region, Xie Yi as textile engineer and Terry Kim as senior consultant in Korea.
Author: SGB Media
New York Sports Club Hit by Data Breach
New York Sports Club notified 19,836 individuals, believed to be all employees, that their personal data was stolen due to a data breach.
Shoes For Crews Names New Board Members
A global provider of slip-resistant safety footwear products, announced the selection of its new board of directors, which includes Donald Watros, Jame Donath, Chris Quinn, and Colin Browne. This new board brings years of experience working in the footwear, financial services and consumer product industries.
CheaperThanDirt Acquired by 2A Group
Based in Fort Worth, TX, the CheaperThanDirt.com brand offers a wide range of ammunition, shooting accessories, and outdoor gear. It began as a mail-order catalog business in the early 90s.
Nike Crushes Q1 EPS Targets, Warns of Guidance Adjustment
Nike Inc. reported earnings for its first quarter handily topped Wall Street targets, but said it was postponing its upcoming Investor Day and indicated it “would address its approach to guidance” on its quarterly analyst call in light of the appointment of Nike veteran Elliott Hill as CEO. Sales in the quarter were down 10 percent with declines of 13 percent in direct and 8 percent in wholesale channels.
Pvolve Studio to Add Third Location in SFO Bay Area
Local entrepreneur Venetia Vonich, teamed up with friend and business partner Lupita Romero to expand the company’s reach in the San Francisco Bay area.
Nordstrom Rack to Open New Store in Massachusetts
The 25,000-square-foot Nordstrom Rack will open in the fall of 2025 in the The Landing at Hyannis. Nordstrom operates seven Nordstrom Rack stores in Massachusetts, generating over 900 jobs statewide.
Authentic Names Brand Partners Supporting Champion Brand
Authentic Brand Group announced that GearCo, BBC and AMG Companies will serve as its primary vendor partners supporting its just-closed acquisition the Champion brand.
EXEC: Patagonia Lays Off 41 Employees at Ventura HQ in Restructuring
CEO Ryan Gellert said in a LinkedIn post that the restructuring aims to “enhance product development, improve customer experiences, and foster a vibrant workplace culture.”
Sports Licensing Company, Homage Apparel, Taps Into Celebrity Investors
The round kicked off with an initial investment from Ryan Reynolds’ venture firm, Maximum Effort, that was recently complemented by investments from Winnie Capital, led by former NFL star Jason Kelce, and 35Ventures, led by Kevin Durant and Rich Kleiman.
Rawlings Sporting Goods Sets CEO Transition Plan
Mike Zlaket, Rawlings’ current CEO, will transition to vice chairman of the company’s Board at the close of the year. Current company president Ron Ostrowski’s will add CEO to his duties, effective January 1, 2025.
DMR Bikes Hires North America Sales and Marketing Manager
Mike Flaherty will support the bike maker’s two North American distributors, BTi and QBP, along with LTP in Canada and a growing network of dealers stocking DMR Bikes products.
USA Archery Appoints Four New Staff Members
The four new employees and roles include Kyle Bissell (Education Manager), Allison Collins (International teams manager), Madison Cox (State and Local event manager), and Amanda Mangum (director of events). USAA also promoted Brad Fiala to national events manager.
Dockworkers Now on Strike at East and Gulf Coast Ports
The strike spans from Maine to Texas and blocks everything from food to auto shipments across dozens of ports. Analysts have warned that this could cost the economy billions of dollars a day, threaten jobs and potentially stoke inflation.
EXEC: Sports Direct Parent’s Bid for Mulberry Rejected
Luxury handbag maker Mulberry Group Plc rejected a takeover approach from Frasers Group, the parent of Sports Direct, and announced plans to proceed with its emergency fundraising to support a turnaround.
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