Solidcore, the fitness boutique, announced that Anne Mahlum, who founded the fitness boutique in 2013, is selling all of her shares to Kohlberg & Company for an undisclosed amount. As part of this transaction, the proceeds will support an incentive pool for employees created in 2018. All full-time employees with the company for at least a year prior to the transaction will receive a portion of the proceeds.
Author: SGB Media
Kohl’s Debt Ratings Downgraded By Moody’s
Moody’s Investors Service downgraded Kohl’s Corp. due to the continued deterioration in credit metrics and the erosion of the retailer’s market position as it enacts a turnaround to its operating performance in 2023.
Farfetch Hires Chief Marketing Officer
Farfetch, the luxury fashion platform, hired Nick Tran as chief marketing officer. Most recently, Tran was the global head of marketing at TikTok.
NSSF: Firearms Industry Economic Impact Surges 322 Percent Since 2008
The total economic impact of the firearm and ammunition industry in the United States increased to $80.73 billion in 2022 from $19.1 billion in 2008, a 322 percent increase, while the total number of full-time equivalent jobs rose to over 393,696 from approximately 166,000, a 136 percent increase in that same period, according to a report released by the NSSF, the firearm industry’s trade association.
Malibu Boats’ Chief Financial Officer Departs; Company Appoints Interim CFO
Effective immediately, Malibu Boats, Inc. hired David Black as interim chief financial officer. Malibu’s current CFO, Wayne Wilson, notified the company of his resignation to pursue a similar role at a private equity-backed company.
Aquasphere Redefines Eyewear Category With DEFY.Ultra Swim Mask
Aquasphere, the triathlon and swim brand, launched the DEFY.Ultra swim mask for open water swimmers, with frameless construction and clear panoramic vision. The release also marks Aquasphere’s 24th Anniversary. The DEFY.Ultra offers the company’s Cool-Inject Frameless construction and DuoCurve lens technology. Cool silicone is injected directly onto the lens resulting in ultra-light frameless construction, while […]
Helinox Launches Chair Zero Large
Helinox, the manufacturer of lightweight, portable furniture, introduced the Chair Zero L, the latest in the brand’s range of ultralight backpacking chairs. Starting with its original Chair Zero design, the Helinox team set out to maintain the weight low while offering a wider and slightly more rigid frame to accommodate a broader range of sizes. […]
Topgolf To Become Global Medaled Event In Special Olympics
In 2024, Topgolf will be sanctioned with the Special Olympics, the first time a brand has become a medaled event. That means Special Olympic athletes can compete in Topgolf as an individual or with a team through Special Olympics Unified Sports.
Designer Brands Reveals Amounts Paid For Keds And Topo Athletic
Designer Brands, the parent of DSW, paid $123.3 million to acquire the Keds business from Wolverine World Wide and paid $19.1 million to acquire majority ownership of Topo Athletic, according to the company’s recently-released annual report.
Real Hot Yoga Expands West
Real Hot Yoga, a franchise concept, reportedly entered the Rocky Mountains, signing its latest location in South Jordan, UT.
LifeStraw Launches Go Series Water Filter Bottle
Lifestraw released its Go Series water filter bottle with improved filtration and a new look for daily use. “More than half of consumers own a reusable water bottle, but they often leave it behind on their travels and resort to the less sustainable and more expensive route of bottled water, rather than drink from unknown or unsafe […]
Able Carry Launches Daybreaker 2 Backpack
Able Carry released its Daybreaker 2, a 25L ultralight activity backpack updated for ease of access, convenient storage and comfortable support. The Daybreaker 2 maintains all the features of the original Daybreaker with updated details and features, including a full length zip for easier on-body access, a redesigned interior storage with a stretch divider to […]
Good To-Go Launches Savory Breakfast Hash
Good To-Go, the manufacturer of dehydrated meals led by Chef Jennifer Scism, introduced a healthy spin on a traditional breakfast hash with ingredients like butternut squash, spinach, onion, and feta. Good To-Go’s Breakfast Hash is substantial enough for a complete breakfast or combined with bacon and eggs. Available at retailers and Good To-Go’s site starting […]
JD Sports Names Global Managing Director
JD Sports promoted Michael Armstrong, formerly group buying director, to the newly created role of global managing director. Armstrong is expected to “further drive the group’s growth” and “meet its ambition to become the leading global sports-fashion powerhouse.”
Thule Introduces Epos Bike Carrier
The core innovation of the Thule Epos bike carrier is the flexibility and ease of use of its telescopic bike arms equipped with pivoting head and reinforced straps offering numerous attachment options to securely hold any type of bike. Thule Epos attaches to any place on a bike’s frame or ear wheel with no-frame contact […]
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal