SGB Media Revises Holiday Publishing Schedule
SGB 2024 Year In Review: Active Lifestyle M&A – Part II
SGB 2024 Year In Review: Active Lifestyle M&A Activity Remains Quiet – Part I
Nordstrom Family and Mexico-Based Partner Acquire Nordstrom Business for $6.25B
EXEC: New Nike Inc. CEO Lays Out Pain Points Ahead and Plans to Re-Focus on Sport
SGB Update
SGB Media Revises Holiday Publishing Schedule
In observance of the end of year holidays, SGB Media is taking time to be with family and friends and will adjust its Morning and Evening Update Newsletter publishing schedule
Saks Global Completes Acquisition of Neiman Marcus Group
The company finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value of $2.7 billion. Marc Metrick will serve as CEO of Saks Global Operating Group, and Ian Putnam will serve as CEO of Saks Global Properties & Investments.
Fleet Feet Franchise Opens in Hattiesburg, MS
New owners Chris and Angie Walker opened their new Fleet Feet location in Hattiesburg, MS on December 17, with a Grand Opening scheduled for January 2025.
Nordstrom Family and Mexico-Based Partner Acquire Nordstrom Business for $6.25B
The company has signed a definitive agreement under which Erik Nordstrom, Pete Nordstrom and Jamie Nordstrom, and other members of the Nordstrom family will own 50.1 percent and El Puerto de Liverpool, S.A.B. de C.V. (Liverpool), will own 49.9 percent of Nordstrom, Inc.
Sqairz Forms Medical Advisory Board to Elevate Brand
The formation of a Medical Advisory Board brings together accomplished doctors of sports medicine, biomechanics and physical therapy, whose insights will “allow us to continue to set new benchmarks for athletic footwear.”
SGB Executive
SGB Media Revises Holiday Publishing Schedule
In observance of the end of year holidays, SGB Media is taking time to be with family and friends and will adjust its Morning and Evening Update Newsletter publishing schedule
SGB 2024 Year In Review: Active Lifestyle M&A – Part II
SGB Media presents a roundup of M&A action in the industry for the second half 2024, including new deals struck or closed in the final days of 2024.
SGB 2024 Year In Review: Active Lifestyle M&A Activity Remains Quiet – Part I
While the active lifestyle industry again saw a number of smaller to medium-size acquisitions during 2024, major deals for the second year in a row were few and far between due to a combination of higher interest rates, an uncertain economy, and fewer consolidators. A roundup of M&A action in the industry for the first half of 2024.
EXEC: New Nike Inc. CEO Lays Out Pain Points Ahead and Plans to Re-Focus on Sport
The new CEO did not ride in on a white horse or a chariot as a conquering hero, but as a janitor, not unlike Mr. Earl, who realizes he has a big job to do but also has a clear mind on what must be done.
EXEC: Nike’s NA Q2 Footwear Down 14 Percent; Reduces Classics Share of Business
In North America, Nike Direct declined 15 percent, with Nike Digital down 22 percent and Nike stores down 3 percent.
Wholesale declined 1 percent. Nike said it took another step forward shifting the product portfolio by reducing the proportion of our business driven by the Classic Footwear franchises.
