New York Giants running back Saquon Barkley has invested in X2 Performance, a non-carbonated energy drink brand and comes as part of a $16 million Series D raise led by previous investor L Catterton, a private equity firm backed by LVMH.
Author: SGB Media

Camping World Announces Strategic Investment In Happier Camper
Camping World Holdings Inc. announced a strategic investment in Los Angeles-based, Happier Camper, Inc., the developer of the modular van conversion system, Adaptiv for vans.

The Buckle’s June Sales Climb 18 Percent
The Buckle Inc. announced that total net sales for the 5-week fiscal month ended July 3, 2021 increased 17.8 percent to $111.7 million.

PGA Tour Champions Announce Three-Year Extension For Dick’s Sporting Goods Open
The Dick’s Sporting Goods Open has been extended for three years and will continue at En-Joie Golf Club through at least 2024, PGA Tour Champions and Dick’s Sporting Goods jointly announced.

Oros Closes $14.5 Million Series A Funding Round; Adds Board Members
Oros announced $14.5 million in a Series A funding round led by Elizabeth Street Ventures and Enlightenment Capital. Rachael Ulman and Hap Klopp have joined Oros’ board.

Helen of Troy’s Houseware Sales Climb 38 Percent
Helen of Troy Ltd. reported housewares segment revenue increased 37.7 percent in the fiscal first quarter ended May 31 to $193.6 million. Growth was primarily driven in part by an increase in brick and mortar sales for both OXO and Hydro Flask due to the favorable comparative impact of store closures and reduced store traffic in the prior year period.

HDry North America Launches HDry ‘b5’ Bio-Based Waterproof 3D Laminate
This week, Altexa Srl/HDry and GHS Holdings announced the launch of its HDry ‘b5’ a bio-based, waterproof 3D laminate, for Summer 2021. HDry ‘b5’ bio-based membrane offers the opportunity to reduce dependence on fossil fuels on active performance gear with a bio-content rate of 53 percent, resulting in a high range of responsible technical […]

GOA Adds Vendor Partners; Expands To 196 Retail Doors
Grassroots Outdoor Alliance (GOA) has added five retail members, including Big Agnes and Osprey, as vendor partners.

ABG To Undergo Credit Review With Positive Implications After IPO Filing
S&P Global Ratings said it placed the debt ratings of Authentic Brands Group (ABG) under review for a possible upgrade after the brand licensing powerhouse filed for an initial public offering.

REI To Open Second Location In Missouri
REI will open a new store in Spring 2022 in Town and Country, MO. Since 2001, the outdoor retailer has had a store presence in St. Louis.

BSN Sports Acquires Connecticut’s Billings Sports
BSN Sports, a division of Varsity Brands, has expanded its Connecticut sales operations with the addition of the Billings Sports sales team.

Asobi Ventures Acquires Majority Stake In Cinelli And Columbus Cycling Brands
Asobi Ventures Inc., the family investment vehicle of Victor Luis, announced that it had acquired a majority share in Gruppo Srl, the parent company of Italian bicycle manufacturer Cinelli and tube manufacturer Columbus.

Colnago Appoints CEO
Italian road-racing bike manufacturer Colnago announced that Nicola Rosin has been appointed CEO of Colnago Ernesto & C. S.r.l. and the associated company, Colnago America.

PacSun Enters Sneaker Resale Business
Pacific Sunwear of California has launched into the sneaker resale market with PS Reserve.

Küat Racks Adds Second Distribution Facility In California
Küat Innovations, Inc., a Springfield, MO-based maker of Küat Racks, has added a second distribution facility in Gardena, CA.