Imbox Protection Acquired by PE Firm

Altor Fund VI, a Swedish private equity firm, has acquired a majority stake in Imbox Protection A/S, a Danish company specializing in footwear protection technology, while entering into a partnership with the company’s former founder and owners, Réné Marker and the Grundtvig family.

Rack Room Appoints Chief Merchant and Chief Digital Officer

The company promoted Brian Burnett to senior vice president, chief merchandise officer and Molly Hartney to chief digital officer, a newly created role. Burnett has been with Rack Room Shoes for nearly nine years, having previously served as general merchandise manager. Hartney joined the company as chief marketing officer in 2021.

Peak Ski Shutters Amid Liquidity Crisis

Peak Ski Co., founded in 2021 by ski legend Bode Miller and resort veteran Andy Wirth, has closed its headquarters and laid off its staff as it seeks to avoid a bankruptcy filing. Ski icons, Chris Davenport and Michelle Parker, whom the company hired as product designers, are threatening to sue for breach of contract over significant amounts owed to them.

NSSF: Adjusted NICS Background Checks Decline for Fifth Straight Month

The National Shooting Sports Foundation (NSSF) reported that the June 2025 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure slipped 5.1 percent year-over-year, marking the fifth consecutive month of declines. June still marked the 71st consecutive month of exceeding one million sales-related background checks.

Pickleball Kingdom Franchise to Open in Louisiana

The 60,000-square-foot space in Walker, a city in Livingston Parish, Louisiana, will house 16 professional-grade indoor courts. The company is targeting an opening in the first quarter of 2026 through a local ownership team.