Orangetheory Fitness, one of the world’s fastest-growing fitness franchise brands, has selected Life Fitness as the preferred treadmill supplier for the company’s growing international business.
Author: SGB Media
Smartwool Announces New European Sales Agency
Smartwool on Thursday announced the company’s new European sales agency, Elements, based in Benelux. The partnership is effective immediately. The new agency will help establish the brand’s position within the Benelux outdoor industry, while also helping the brand build a community of engaged consumers.
ABG Completes Acquisition Of Nine West And Bandolino
Authentic Brands Group LLC (ABG) completed the acquisition of Nine West and Bandolino from Nine West Holdings Inc. Through this purchase, ABG increases the company’s footwear and accessories business to over $2 billion in global retail sales.
Gordon Brothers Acquires British Streetwear Brand Bench
Gordon Brothers announced today that the company has acquired the Bench brand and all the brand’s related intellectual property assets. Launched in Manchester, U.K., in 1989, Bench is one of the first streetwear fashion retailers, and until very recently the company’s products could be found in over 20 countries in Europe and North America.
ISA TanTec To Set Up Second Tannery In Vietnam
ISA TanTec is setting up a second tannery in Vietnam following increased leather demand from the company’s customers.
SylvanSport’s Outdoor Industry Leadership Recognized By North Carolina
SylvanSport was honored with a visit from North Carolina Governor Roy Cooper and NC First Lady Kristen Cooper. The Coopers met with Tom Dempsey, SylvanSport founder/CEO, to discuss the importance of the Outdoor Industry to the state’s economy.
Randa Accessories Submits Competing Bid For Perry Ellis
Men’s accessories company Randa Accessories submitted a $28-a-share bid for Perry Ellis that could upend Perry Ellis founder and former executive chairman George Feldenkreis’s $27.50-a-share deal to take the apparel company private.
Canadian Tire Completes Private Placement Offering
Canadian Tire Corporation Limited has closed a private placement offering of C$650 million (U.S.$495 mm) aggregate principal amount of unsecured medium term notes.
Vineyard Vines Celebrating 20 Years
Vineyard Vines, best known for the company’s whimsical neckties and smiling pink whale logoed golf apparel, is celebrating the company’s 20th anniversary this July with a limited-edition collection and special in-store events.
Rockport To Seek Approval Of Sale To Charlesbank
The Rockport Group LLC, which filed for bankruptcy on May 14, announced that, after completing a court-approved marketing process, the company intends to complete the previously announced asset purchase agreement with CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners.
Duluth Holdings Appoints Scott Williams To Board
Scott Williams has over 25 years of retail experience and most recently served as president of Cabela’s Inc.
Gander Outdoors Prepares for Grand Opening In Jackson, TN
The 65,000-square-foot location is the only planned facility in the state.
Boot Barn Acquires Two-Store Boot Chain In Tulsa
Boot Barn Holdings Inc. acquired certain assets of Drysdales Inc., a retailer with two stores in Tulsa, OK.
Canadian Tire Completes Acquisition Of Helly Hansen
Canadian Tire Corporation Limited announced that the company has successfully closed the acquisition of the company which owns and operates the Helly Hansen brands and related businesses.
Nike Names New Chief Sustainability Officer
Nike Inc. announced that Noel Kinder will become the company’s new VP, chief sustainability officer (CSO), effective September 5. Kinder succeeds Hannah Jones, a 20-year Nike veteran as CSO, who after 14 years in the role will become president of Nike Valiant Labs, the company’s in-house new business model incubator.