Frasers Group, the parent of Sports Direct, proposed an £83 million ($111 mm) offer to buy the luxury brand Mulberry.
Author: SGB Media
Killington Resort and Pico Mountain Secure New Minority Owners
Great Gulf, the developer of the upcoming master-planned village at Killington, said it acquired a minority investment in the new ownership group purchasing the Killington Resort and Pico Mountain.
Major League Soccer Selects Startups For Second MLS Innovation Lab
Major League Soccer (MLS) announced the six companies selected for the second cohort of the MLS Innovation Lab. This initiative aims to identify and nurture startups and advanced technologies supporting the future of sports and continued growth of the league.
Retay USA Hires Maschmedt & Associates for Sales Representation
Retay USA retained Maschmedt & Associates to represent the firearms brand across 24 states.
Foresight Sports and Uneekor Agree on License of Foresight Sports Patents
Foresight Sports, which is owned by Vista Outdoor’s Revelyst segment, and Uneekor, Inc., a manufacturer of golf simulator technologies, have reached an agreement that grants Uneekor a license to a number of Foresight Sports patents related to portable golf launch monitor technology.
Union Sees U.S. East Coast Port Strike Starting on Tuesday
The International Longshoremen’s Association (ILA) on Sunday announced plans for a widespread strike at all Atlantic and Gulf Coast ports, scheduled to begin at 12:01 am on Tuesday, October 1, 2024. The strike would involve 85,000 ILA members and impact ports from Maine to Texas.
Branded Bills To Move Into Bigger Headquarters in Tempe
Branded Bills signed a 96,407-square-foot lease for new headquarters in Tempe, AZ. The lease triples the size of the headwear and apparel maker’s headquarters to support its 40 percent year-over-year growth.
KOA Appoints SVP, Franchise Operations
Kampgrounds of America Inc. (KOA) announced that franchisee Mark Lemoine will join the corporate executive team as senior vice president, franchise operations.
Saba Surf Opens Flagship in West Los Angeles
Saba Surf announced the grand opening of its first-ever flagship surf shop and cafe, located at 12912 Venice Blvd in West Los Angeles.
Weston Backcountry Ends In-House Sales, Brings on Independent Rep Team
Weston Backcountry, which has had an in-house sales team since 2016, recently shifted to the independent rep sales model. In 2024, Weston onboarded five new reps to cover the entirety of North America and Canada.
Iconix Completes Acquisition of Salt Life in Bankruptcy Proceedings
Brand management company Iconix International Inc., in partnership with the Hilco Consumer-Retail Group (HCR), has completed its acquisition of the Salt Life apparel brand for $38.74 million after previous owner Delta Apparel Inc. filed Chapter 11 bankruptcy in late June. All 28 of Salt Life’s stores will close following the company’s bankruptcy sale as the brand’s new ownership transitions to a wholesale and e-commerce business model.
Solo Brands’ COO Departs
Solo Brands announced in a regulatory filing that Matthew Webb has decided to resign as chief operating officer.
Authentic Appoints EVP, Head of Greater China
Authentic Brands Group hired Josh Perlman as EVP, head of Greater China. He brings more than 25 years of experience to the company, previously serving as the managing director at Tristate.
At Tristate, Perlman was instrumental in signing and building brands such as Jack Wolfskin, Fila, Nautica, Spyder and Reebok.
Riddell Sets Leadership Transition
Riddell announced that Dan Arment will be retiring as both president and CEO of the football equipment brand and Riddell’s parent company, BRG Sports, at the close of the year. He will be succeeded by longstanding CFO and COO, Allison Boersma.
EGYM Secures ~$200 million of Growth Capital led by L Catterton and Meritech Capital
The investment from L Catterton, a big player in the connected fitness space, and Meritech Capital, a leading Silicon Valley technology-focused venture firm, is based on a valuation of over $1 billion.
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