Retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending, the National Retail Federation said.
Author: SGB Media

On Surges In IPO Debut
On’s shares shot up 46 percent in its first day of trading on the New York Stock Exchange. The offering for the Swiss running footwear had been priced at $24.00 per share and closed Wednesday at $35.

Canada Goose Establishes Automatic Share Purchase Plan
Canada Goose Holdings Inc. announced that, in connection with its previously announced normal course issuer bid (NCIB” to purchase up to 5.94 million of its subordinate voting shares, it recently entered into an automatic share purchase plan (ASPP) with the designated broker responsible for the NCIB.

Shoe Carnival Appoints Board Member
Shoe Carnival Inc. announced the appointment of Diane Randolph to its Board of Directors. She was formerly chief information officer of U.S. beauty retailer, Ulta Beauty, Inc.
Connected Fitness Platform WRKOUT Announces Board Of Directors
WRKOUT, the Toronto-based connected fitness platform, appointed seven members to its Board of Directors: Peter Mogan, Dave Bustos, Erik Huberman, Bill Bradford, Curtis Christopherson, Keith Dalton and Haley Grewal.

BigShots Golf Secures Partners For Growth
VICI Properties Inc. and ClubCorp Holdings Inc. have entered into a strategic arrangement to grow BigShots Orion, LLC to support the opening of five new BigShots Golf facilities in the U.S.

Slinger Bag Posts Sales Of $2.5 Million In First Quarter
Slinger Bag reported sales of $2.5 million in the first quarter ended July 31 versus $600,000 last year.

Mantra Labs Introduces Hydrate, Plant-Based Hydration Drink Mix
Mantra Labs created a new broad-spectrum hydration drink mix called Hydrate, which includes electrolytes, marine minerals, PureWay-C, Aquamin, prebiotic fiber, and other plant-based and vegan ingredients to support overall physical and mental health. “We took a radically different approach to hydration designed to work with the body and make you feel better. Hydrate reflects everything […]

SweetSpot Sports Secures MLB’s Walker Buehler As Ambassador And Investor
SweetSpot Sports, based in Minnetonka, MN, has partnered with Walker Buehler, the LA Dodgers pitcher, as brand ambassador and investor.

World Gym International Adds Franchises
World Gym International has signed franchise agreements for new gyms in Kyle and Cleburne, TX, respectively.

Columbia Sportswear To Sponsor USA Curling Team
Columbia Sportswear announced a multi-year sponsorship with USA Curling.

Callaway Golf Announces Proposed Public Offering By Selling Stockholder
Callaway Golf Company announced the commencement of a proposed underwritten public offering of three million shares of its common stock offered for sale by PEP TG Investments LP.

JD Sports Posts Record Earnings
JD Sports Fashion Plc reported significantly improved profits in the first half ended July 31 as revenues grew 52.7 percent.
Old Man Mountain Divide Racks Fit Any Ride
Old Man Mountain, a manufacturer of cargo bike racks, celebrates its 25th anniversary with its Divide and Divide Fat, a rack designed to fit all bikes from road to gravel, mountain, and fat bikes. With traditional eyelet mounting, the equipment can carry up to 55 pounds, or cyclists can use one of its Fit Kits for thru-axles […]

Cityrow Expands Director And Advisory Boards
Cityrow announced that Sharon Fox will join the company’s board of directors and Kat Cole, formerly Focus Brands; Michele Laven, iHeartMedia; Michael Landau, Drybar; and Danny Tawiah, formerly Nike; have joined its advisory board.