SGB Sports & Fitness

Under Armour Supply Chain Exec Joins Figs

Jami Pinto, formerly senior vice president, global product supply at Under Armour, has become chief global product and sustainability officer at Figs, the manufacturer of scrubs and medical apparel.

On Holding’s Sales Jump 54 Percent In Fourth Quarter

On Holding AG reported net sales increased by 53.7 percent in the fourth quarter ended December 31 and by 70.4 percent in fiscal year 2021. The Swiss running brand predicted sales would expand at least 37 percent compared in 2022 with production capacity recently returning to pre-lockdown commitment levels.

Bella+Canvas Plans $11.9M Facility In Alabama

Bella+Canvas plans to open a fabric-cutting facility in Wetumpka, AL. The Los Angeles-based apparel company will invest $11.9 million in the operation of a portion of an 890,000-square-foot building vacant since 2013 when Russell Brands departed from space.

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.