Acai Roots appointed Jeff Moore, former Reef global president & VF executive, as CEO.
Author: SGB Media
True Fit Raises $30M
True Fit announced a $30 million growth round.
Garmin Completes Listing Transfer To NYSE
Garmin, Ltd. completed its listing transfer and will begin trading Tuesday as an NYSE-listed company. Garmin said it could now leverage all of the advantages of membership in the NYSE community.
IDC: Wearables Shipments Grew 9.9 Percent In Third Quarter
Global shipments for wearables grew 9.9 percent during the third quarter of 2021 (3Q21) reaching 138.4 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
Kohl’s Faces Activist Pressure To Spin Off Online Business
An activist group, a New York-based hedge fund, Engine Capital, is pressuring Kohl’s to consider either a sale or a separation of its online business. The request follows a similar move by Saks Fifth Avenue.
Big Daddy Unlimited Appoints Sales Manager
Big Daddy Unlimited announced that Craig Butterworth had joined the members-only online guns and gear store as sales manager.
Aqua-Leisure Recreation Acquires Airhead Sports Group
Aqua-Leisure Recreation, LLC announced the acquisition of Denver, CO-based Airhead Sports Group. With the acquisition, the company said it becomes the market leader within the aquatics consumer products industry.
The Buckle Issues Special Dividend
Buckle Inc. announced that at its quarterly meeting of the Board of Directors, held on December 3, 2021, the Board authorized a $5.65 per share special cash dividend.
NRF Economist Predicts Holiday Shopping Could Beat Forecast
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, according to NRF Chief Economist Jack Kleinhenz.
Lids Expands Global Footprint With First Stores In Europe
Lids has expanded its international retail presence opening its first brick & mortar retail storefronts. For its European debut, Lids will open four locations in the London metro area.
SquadLocker Partners With rSchoolToday
SquadLocker has been named a service and apparel provider for rSchoolToday, a cloud-based software solution company serving the K-12 market.
Northland Fishing Tackle Names Marketing Director
Northland Fishing Tackle named industry veteran Mike Anselmo as marketing director.
PGA Golf Exhibitions Appoints Events Manager
PGA Golf Exhibitions announced that Lisa Langas has joined the PGA Show management team at Reed Exhibitions as the Event Manager.
Equinox Debt Rating Affirmed Following Refinancing
S&P Global Ratings affirmed Equinox Holdings’ debt ratings following a recent refinancing.
Honey Stinger CEO To Step Down
With its equity partner, Factory-LLC, Honey Stinger announced its CEO Mike Keown would step down for personal reasons at the end of the year.
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