Perfect Moment Closes on $6.4 Million Private Placement Funding

The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who invested $2.0 million.

Marathon Sports Acquires Fleet Feet Maine Running

Fleet Feet Maine Running, the two-store specialty store based out of Portland, ME, has concluded the sale of its specialty running business to Marathon Sports, a 26 location New England running specialty store brand based in Boston.

Birkenstock Opens Tenth U.S. Retail Store in Nashville, TN

Birkenstock Nashville, located at 2212 12th Avenue South, hosted an opening event on March 27. Birkenstock created a campaign that spotlights the locals who shape the city’s culture and long-time Birkenstock wearers, captured by photographer Cristina Fisher.

Imperial Headwear Appoints Ryan Garrett as President of Pukka

Before his two-plus year stint in the Nike Headwear business, Garrett was with gearUp Sports for over a year and spent nine months at 3N2. He served for over seven years in various positions with BSN Sports, culminating in his role as a regional sales manager in 2014.