Varsity Brands hired Joe Raines as EVP, chief supply chain officer, effective immediately, across its three businesses—BSN Sports, Varsity Spirit and Herff Jones.
Author: SGB Media
F45 Training Receives NYSE Notice Of Non-Compliance With $1 Share Price Rule
F45 Training Holdings, Inc. has received a notice from the New York Stock Exchange indicating that the company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the company’s Common Stock was less than $1.00 over a consecutive 30 trading-day period.

Walmart Opens First Market Fulfillment Center In Arkansas Store
Walmart opened its first high-tech Market Fulfillment Center (MFC) in Arkansas at Store 100 in Bentonville, underlining the retailer’s strategic move to expand using its stores as fulfillment centers to enhance the shopping experience.
Traeger, Inc. Hires EVP Of Engineering
Traeger, Inc. has hired Brendan Welch as EVP of engineering leading product development and technical execution for Traeger.

Helinox Opens New Creative Center In Tokyo
Helinox opened its third multi-story creative center, “Helinox Creative Center Tokyo” (HCC Tokyo), on May 19.
City Bikes Owner Charlie McCormick Passes Away
Charlie McCormick, founder and owner of City Bikes in Washington, D.C., died of natural causes on May 11 under the stars at a remote camping spot overlooking the Potomac River in Poolesville, MD.
Arcade Collaborates With Marsh Wear On Belt Collection
Arcade, the manufacturer of comfort belts, and Marsh Wear, a Lowcountry fishing apparel company, announced a new collaboration based on “a common passion and love for the outdoors and the people finding their place in it.” The seasonal collection delivers four belt styles inspired by adventures on the water—the down-to-earth tones of each belt pair […]

Brooks Appoints New Senior VP Of Footwear
Brooks Running promoted Carson Caprara to senior vice president of Footwear. Caprara succeeds Patrick Pons De Vier, who left the company for personal reasons.

Kelly Slater Launches New Performance-Based Footwear Company
Eleven-Time World Surfing Champion and entrepreneur Kelly Slaterhas launched his new sustainable and performance-based footwear brand KLLY.
Outtech Sales Services Adds Scissortail Firearms To Sales Portfolio
Outtech Sales Services, LLC reported partnering with Scissortail Firearms, the exclusive U.S. importer of one of the oldest firearms manufacturers in the world, Sarsilmaz (SAR.)

Farfetch Limited, New Home To Reebok In Europe, Posts Solid Q1 Revenue Growth
Farfetch Limited, the London-based global luxury fashion goods platform and new home for the Reebok brand in Europe and global collaborations, reported that first quarter revenue increased 8.1 percent year-over-year to $556.4 million.

Sole Launches Sustainability Reports Modeled After Nutrition Facts Food Labels
Custom-moldable insole company, Sole, reported it launched a new sustainability report promoting transparency and addressing “greenwashing in the footwear and fashion industries.” The company said: “With the footwear industry responsible for 700 million tons of greenhouse gas emissions annually, and significant shifts in consumer attitudes towards sustainability, Sole considers providing accurate, digestible information to be […]
Report: Shein Raises $2 Billion In Funding Round
Reportedly, Shein, the Chinese fast fashion website, has raised $2 billion in a new funding round.
Camping World Opens Branson, MO Supercenter
Camping World Holdings, Inc. announced the opening of its Branson, MO RV dealership, its 191st location.
B. Riley Acquires Interest In Bluestar’s Scotch & Soda
B. Riley Financial, Inc. acquired an equity interest in Scotch & Soda through its participation in its recent acquisition of the Dutch fashion brand by New York-based brand management company Bluestar Alliance, LLC.