SGB Update

Watchtower Firearms Appoints Chief Growth Officer

Jordan Davis as chief growth officer to help manage and drive the company’s growth initiatives. He has previously serve in senior leadership roles at Volcom, Inc., O. Mustard, and Remington Outdoor.

Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results

Total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023. Connected Fitness segment revenue was $319.1 million, down 16 percent year-over-year. Subscription revenue was up 3 percent to $424.5 million for the period.

Pickleball Kingdom Expands into Austin, TX

The Austin franchisee is Jared Jolly, a seasoned entrepreneur. He has reportedly built multiple businesses in mobile communication, online stores and in the wholesale space.

Pvolve Expands Leadership Team with Two New Hires

Stacey Heald joins Pvolve as chief operating officer of franchise development, overseeing the business’ franchise strategy, operations, and P&L and Alexis McDowel joins the company as the first global VP of communications.

Outtech Sales Services Adds Regional Manager

Cameron Barto joins the company as a regional manager for the company’s independent channel, working with retailers in West Virginia, Maryland, Delaware, New Jersey, and Northern VA.

Fanatics Commerce Appoints Three Key Executives

Stephen Dowling joins Fanatics Commerce in a new role as president, international. Valerie Love joins the company as chief people officer, and Justin Tsai joins in the newly created role of chief product officer.

Yeti Holdings to Acquire Mystery Ranch

Mystery Ranch and its employees will continue to operate out of Bozeman, MT and work with Yeti over the next several months to integrate the teams and functions.