SGB Sports & Fitness

Hydrow Announces $55M In Series D Funding

Hydrow, the at-home connected rower start-up, has raised approximately $55 million in Series D funding led by Constitution Capital with continued support from L Catterton and RX3 Ventures.

February Another Record Month At The Port Of Los Angeles

The Port of Los Angeles processed 857,764 Twenty-Foot Equivalent Units (TEUs) in February, a 7.3 percent increase compared to last year. It was the Port’s busiest February in its 115-year history and represents back-to-back record months to begin 2022.

February Retail Sales Rose Strongly Year-Over-Year

Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, the National Retail Federation said.

Icebreaker Appoints GM For North America

Icebreaker, owned by VF Corp., has hired Noah Bryan as general manager for North America. Most recently, he worked as the senior business development manager for sports and outdoors at Amazon.

NRF Forecasts Annual Retail Sales To Increase In 2022

The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022. The 2022 figure compares with 14 percent annual growth rate in 2021, the highest growth rate in more than 20 years. This year’s sales forecast is notably above the 10-year, pre-pandemic growth rate of 3.7 percent.

Honma Golf Appoints VP Of Sales

Honma Golf named golf industry veteran Chuck Couch as North American vice president of sales. He was most recently vice president of Mizuno USA’s running division from 2016 to 2021.