SGB Update Apparel

REI To Open Eighth Store In Florida

REI Co-op announced plans to open another new store in Florida on November 10 in Sarasota at University Town Center. The 25,000-square-foot space is the co-op’s eighth store in the state.

Vail Resorts Reports Departure of Chief Marketing Officer

Ryan Bennett’s departure, which Vail said would be treated as an involuntary separation under the company’s executive severance policy, and the company expect to enter into a Severance Agreement and General Release with the now former CMO.

Steve Madden Acquires Almost Famous

Steven Madden Ltd. has completed the acquisition of Almost Famous, a privately-held maker of women’s apparel for $52 million in cash.

Tennis Warehouse Acquires Swetka’s Tennis Shop

Tennis Warehouse, the tennis retailer based in Luis Obispo, CA, reported that it recently acquired Swetka’s Tennis Shop in Mountain View, CA, a fixture in the Bay Area tennis community for over 50 years.

Vista Outdoor Removed from S&P CreditWatch After Ammo Business Sale

S&P Global Ratings removed the debt ratings of Vista Outdoor, Inc. from CreditWatch with negative implications following the company’s announcement that it planned to sell its sporting products business to Czechoslovak Group A.S for $1.91 billion on a cash-free, debt-free basis. 

Vail Resorts Reports Departure of Chief Marketing Officer

Ryan Bennett’s departure, which Vail said would be treated as an involuntary separation under the company’s executive severance policy, and the company expect to enter into a Severance Agreement and General Release with the now former CMO.

Vista Outdoor Hires General Counsel for Revelyst

Vista Outdoor, Inc. has hired Jung Choi as general counsel and corporate secretary for Revelyst, its Outdoor Products business, following the announced spin-off of its Outdoor Products segment into a standalone public company.

Tyr Sport Opens Store In Long Island

Tyr Sport, the swimwear manufacturer, opened its first retail store at Roosevelt Field in Garden City, NY, with plans to open a second store in Costa Mesa, CA.

Trail Creek Outfitters Sold to Kyle and Brett Havertine

Trail Creek Outfitters, with two stores in Glen Mills and  Kennett Square, PA, respectively, formally announced that Ed Camelli, co-founder, and Joanne Havertine, co-owner and wife of deceased co-founder Brian Havertine, have sold the business to her sons Kyle and Brett Havertine.