Sweden-based Cake reported that its latest round of fundraising surpassed expectations and closed at $60 million.
Author: SGB Media

Nike Opens Live Store In Brooklyn
Nike has opened its third Live digitally-enabled concept in New York City in the Williamsburg section of Brooklyn.

Lolë Appoints VP Of Digital Omni-Commerce
Lolë announced the appointment of Rob French as the Montreal-based active lifestyle brand’s new vice president of digital omni-commerce.

Vuori To Open Fashion Island Store
Women’s and men’s performance wear brand Vuori will open the retail doors of its latest Southern California store on October 8.

Vista Outdoor Announces Closing Of Foresight Sports Acquisition
Vista Outdoor Inc. announced the successful closing of its acquisition of Foresight Sports. Together, Foresight Sports and Bushnell Golf are expected to elevate each brand’s respective strengths, engage new users, expand into new segments of the golf technology market and drive growth and brand awareness at unprecedented scale.

Deckers Brands’ Fashion Lifestyle President Departs
Deckers Brands said Andrea O’Donnell has stepped down as president of its Fashion Lifestyle segment, which includes Ugg and Koolaburra, to accept another opportunity.

U.S. Ski & Snowboard Appoints New President & CEO
U.S. Ski & Snowboard announced it has appointed Sophie Goldschmidt as president and CEO replacing Tiger Shaw.

Mike’s Bikes Partners With Giant Bicycle
Mike’s Bikes, the largest specialty bike retailer in the Western U.S., with 12 current retail locations and a national online presence, has signed with Giant Bicycles USA as a new full-line brand partner.
Bare Performance Nutrition Expands Austin Campus
Fitness, training and performance brand Bare Performance Nutrition announced their acquisition of nearly an additional 20,000 square foot of storage and warehouse property in Chandler Creek Business Park in Round Rock, TX. The acquisition marks the brand’s largest expansion since its launch in 2012.
Clenzoil Names Eagleye Hunting Gear As Newest Distributor
Clenzoil, the manufacturer of cleaning and maintenance products for the firearms and marine industries, has named Eagleye Hunting Gear as an official distributor in Australia.
Hodgdon Announces Closure Of GOEX facility
Effective immediately, Hodgdon Powder Company, Inc. will cease manufacturing operations at its Camp Minden, LA location while evaluating options for its black powder business.

Eastbay And Champs Sports Launch Performance Apparel Line In Partnership With Jalen Hurts
Eastbay and Champs Sports announced the launch of a new apparel line – Eastbay Performance. Philadelphia Eagles Quarterback Jalen Hurts will serve as Eastbay Performance’s first brand ambassador.

Thor Industries Delivers 55 Percent Growth In Q4
Thor Industries Inc., the maker of motorhomes and campers, reported sales were up 54.6 percent in the fourth quarter ended July 31 with earnings per share surging 92.5 percent.
Ultimate Direction To Introduce Two Ultralight Hydration Vests For S22
Ultimate Direction announced it has added two styles to its Vest and Vesta line-up—the Trail and Highland Vests. These trail-specific running vests are part of its Ultralight Collection for Spring 2022. “The Trail and Highland vest are the newest additions to Ultimate Direction’s Ultralight collection,” said Skip Hammond, Ultimate Direction senior product manager. “These items […]

BaseballCloud Acquires Optical Tracking Company Yakkertech
BaseballCloud, a manufacturer of software that allows baseball and softball coaches and players to house and analyze data, announced a multi-million-dollar acquisition of optical tracking company Yakkertech.