SGB Update

OluKai to Open Store at Walt Disney World Resort

OluKai plans to open a store at Disney Springs, an outdoor shopping complex at the Walt Disney World Resort in Lake Buena Vista. The opening will mark the Hawaii-based sandal maker’s first store in Florida.

K-Way Finds New Minority Equity Partner

Founded in 1965 in Paris by Leon Claude Duhamel, K-Way manufactures apparel, shoes and accessories for men, women and kids, including its iconic packable waterproof jacket, the “Claude,” with its distinctive colorful zip and logo inspired by the French national flag.

On Opens Flaghips in NYC and Chicago

Swiss-running brand On opened flagship stores in Chicago and New York City, bringing its store count in North America to eight. In 2020, the company opened its first global store in SoHo, a neighborhood in Lower Manhattan.

PickUp USA to Open First Basketball Gym in Des Moines

The new franchise location, owned by Kerby Louis, will open before the end of the year, in Urbanville, IA. The 3,000-square-foot space offers weight and cardio center and three full basketball courts. 

Yoga Joint Raises $12M to Continue Florida Expansion

Since announcing its expansion with the Joint Venture Program, the company has added 8 studios and is looking to continue establishing a foothold in South Florida, Orlando, Tampa, and Jacksonville.

WaveCel Promotes David Visnack to CEO

David Visnack was prmoted from chief marketing officer to chief executive officer timed the company expanding its product line with new helmets to mitigate traumatic brain.

Pure Fishing Lands Refinancing Deal on Outstanding Debt

As part of this transaction, the company entered into a new five-year, $750 million first lien credit facility with a consortium of lenders including Monarch Alternative Capital LP and Silver Point Finance as co-lead lenders.