SGB Update

Hike Doggie Welcomes First Franchise

Barrett Marcum leads the Denver South franchise who reportedly is “a passionate advocate for the well-being of animals, an outdoor enthusiast and a former Hike Doggie hiker.”

Columbia Sportswear Ups 2024 Profit Guide, Maintains Sales Decline

First quarter net sales decreased 6 percent to $770.0 million. The decline primarily reflects lower wholesale net sales in the U.S. and Canada, driven by retailer cautiousness, a challenging competitive environment and generally soft consumer demand.

TruFit Athletic Clubs Appoints Acting CEO

The company reported that the new acting CEO, Joe Pritchard, has a background in healthcare leadership and a commitment to wellness and brings over 45 years of business experience to TruFit.

Ammo, Inc. Acquires Tooling Manufacturer

The owner of GunBroker.com acquired a tooling manufacturer that provides resources toward the production of ammunition in its Manitowoc, WI factory.

Middle Atlantic PGA Names Director of Business Affairs

Tony Kovacic will oversee partnerships and sponsorships to enhance support for MAPGA members, youth and player development programming and the Association’s charitable foundation, PGA Reach Middle Atlantic.

Golftec Opens in Manhattan

The flagship venue features the company’s proprietary game improvement technology and professional coaching for members to learn, practice and access the right clubs.

Vail Resorts to Sell $600 Million in Senior Notes in Private Offering

The company intends to use the proceeds from the proposed offering to fund the redemption of all $600 million of its outstanding 6.250 percent Senior Notes due 2025 at a redemption price equal to 100 percent of their principal amount and all related fees and expenses.

Mountain Khakis Opens Outlet Store in Utah

The Traverse Mountain Outlet store in Lehi, UT is the brand’s second retail store to open this year, following the addition of its Castle Rock store in Colorado.

Deckers Brands Appoints President of Global Marketplace

The company promoted Marco Ellerker to the newly created role, effective August 1. Ellerker has worked in various operational roles at Deckers since 2017, most recently as SVP and GM of the EMEA region, Japan and Distributors Asia Pacific.