FP Movement opened a new location in Brea, CA. The boutique is the ninth FP Movement store location.
Author: SGB Media

Popshop Live Announces Series A To Accelerate Livestream Commerce
Popshop Live announced it raised a Series A funding led by Benchmark and valued at $100 million with participation from TQ Ventures (Andrew Marks, Schuster Tanger and Scooter Braun), Mantis VC (The Chainsmokers), Access Industries, and SV Angel.

Mastercard SpendingPulse: U.S. Retail Sales Grew 11.0 Percent Year-Over-Year In June
According to Mastercard SpendingPulse, U.S. retail sales, excluding automotive and gasoline, increased 11.0 percent year-over-year in June and increased 10.4 percent compared to June 2019.

Visa U.S. Spending Momentum Index Signals Continued Spending Growth
Visa released its June reading of the Visa U.S. Spending Momentum Index (SMI) and registered 111.7 for June, down 11.6 points from its May reading of 123.3. The reading above 100 suggests consumer spending had expanded year-over-year but at a slightly slower pace than in May.

Wellness App Noom Plans IPO
Trendy weight loss app Noom Inc. has retained Goldman Sachs to lead its preparations for an initial public offering (IPO) for early 2022, sources told Reuters.

Aisle Talk Week Of July 5, 2021
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of July 5, 2021 covered in the SGB Updates and delivered to your inbox every business day. This week’s Ambassador Athlete is Big Agnes’ Krystle Wright, Adventure Photographer.

Retail Cargo Continues To See Double-Digit Increases Over 2020
Imports at the nation’s largest retail container ports are continuing to show double-digit growth over last year as strong consumer demand keeps up its momentum, according to the monthly Global Port Tracker report released by the National Retail Federation.

Fierce Firearms Appoints West Coast Representation
Fierce Firearms, based in Redmond, UT, announced the addition of Total Sales & Marketing Sales Group to its team.

Davidson’s Welcomes East Coast Sales Manager
Davidson’s welcomed Katie Martin as their East Coast Sales Manager.

Salt Life Announces New Coastal Retail Locations
Delta Apparel Inc. announced new retail store openings for its Salt Life brand. Storefronts in Myrtle Beach, SC, and Galveston, TX, are expected to open later this year.

Anta Group Sets Five-Year Growth Plan
Anta Group announced its five-year strategic targets and a 24-month acceleration plan “Lead to Win” for its Anta brand.

Legion Partners Scores Glass Lewis Nod for Two Genesco Candidates
Legion Partners, the activist shareholder group, received a third party recommendation in its proxy war with Genesco as Glass Lewis endorsed the investment firm’s director nominees Dawn H. Robertson and Hobart P. Sichel.

Slinger Bag Appoints New CFO
Slinger Bag Inc. announced the appointment of Jason Seifert as its new chief financial officer.

Life Time And Trail Sisters Announce Partnership
Life Time announced a new partnership with Trail Sisters to increase participation and opportunity in trail running. Life Time will serve as the presenting sponsor of Trail Sisters’ first run event, the Women’s Trail Half Marathon in Buena Vista, CO on September 11. A Trail Sisters Coaching Grant presented by Life Time will be created […]

OIA Appoints COO And Director Of Research
Outdoor Industry Association (OIA) appointed Arlene Charles as chief operating officer and Kelly Davis as director of research.