The parent of the Soffe, Delta and Salt Life brands reported in a regulatory filing that it plans to formally suspend its manufacturing operations in Honduras due to ongoing liquidity challenges, impacting approximately 2,413 employees.
Author: SGB Media
Bass Pro Sets To Open In Grand Prairie, TX
The store will mark the 15th Bass Pro Shops location in Texas and fifth in the Dallas metro area.
EVent Fabrics Names Marketing and Branding Manager
EVent Fabrics hired Shannon Walton as marketing and branding manager. Previously, Walton represented industry brands as a partner with The Walton Works agency and as a PR and marketing manager for Schoeller Textil, Inc., USA, for ten years.
Connexa Applies for 1:20 Reverse Stock Split
The owner of Slinger Bag and Gameface AI, announced that it will submit an application to Nasdaq to effect a 1-for-20 reverse split of its common stock to remedy a delisting threat.
Selle Royal Group Appoints New U.S. Based Sales Managers
Two dedicated OE (original equipment) sales managers, already part of the Selle Royal Group team, Chris Ballard and Patrick Gore, were appointed as territory managers for the H2 (Highway 2) saddle brand to drive growth in its OEM Business in North America.
Skratch Labs Opens New European Headquarters and Distribution Facility
Skratch Labs, based in Boulder, CO, expanded its distribution network to Europe to serve endurance sports retailers and establish Skratch’s DTC online sales capabilities through its new European domain. Skratch Labs tapped industry veteran Sebastian Eckmann as managing director to lead European operations.
BikeCo Appoints U.S. Sales Manager, Adds New Sales Agencies
Anthony Mikrut has been appointed U.S. sales manager and the company added five new sales agencies across key regions to reflect BikeCo’s commitment to expanding its sales network and enhancing customer service across the United States.
Xponential Fitness Appoints Former Adidas NA President as CEO
Mark King, the former president of Adidas North America, was hired as Xponential Fitness’ new CEO. He will also join the company’s Board of Directors.
X-Vision Optics Partners with Two New Rep Groups
X-Vision Optics reported that this collaboration “marks a milestone for the company as it seeks to broaden its market presence and enhance accessibility in all 50 States to its diverse range of night vision and thermal optics solutions.”
AnyCreek Secures $1.8 Million in Funding
AnyCreek, the Memphis, TN-based guided fishing and hunting experiences company, announced the completion of a $1.8 million seed funding round, brining total funding since its launch in 2022 to $3.3 million.
Adidas Investigating China Corruption Allegations
Adidas received an anonymous letter indicating potential compliance violations in China and is “intensively investigating this matter with external legal counsel.
Orion Wholesale Promotes Nicholson to VP of Sales
Matt Nicholson is now responsible for sales team leadership, expanding new sales territories, developing new distribution channels and contributing to the company’s marketing and business strategies, reporting to CEO Brent Taylor.
Heckler & Koch Hires Sales Manager
Heckler & Koch welcomed back John Harrison as sales manager. Most recently, Harrison was the director of sales and marketing at PTR Industries, LLC, from 2017 to 2023. ·
Piper Sandler Bolsters Consumer Equity Research Team
Anna Andreeva will join the New York office and is responsible for footwear, softlines and global brand analysis. Andreeva began her career in equity research at J.P. Morgan, where she was part of the number one-ranked Institutional Investor team covering specialty retail.
Vista Outdoor Sees Alternative Ammo Bidder Withdraw Offer
The alternative party that made a play for the company’s ammo business last week has withdrawn its offer to acquire The Kinetic Group, Vista’s ammunition business.
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