Authentic Brands Group Appoints Head of Japan Region
Jeff Daggett has been tapped as SVP, head of Japan. With over three decades of industry experience, Daggett is expected to play an integral role in strengthening Authentic’s presence and driving brand growth in the region.
Club Champion Appoints Chief Marketing Officer
Before joining Club Champion, Colin Hall was chief revenue officer and marketing officer at Fusion Education Group, overseeing the company’s sales and marketing brands. He was also CMO at Allen-Edmonds Shoe Corp.
Pickleball Kingdom to Open Second Location in Utah
The latest franchise will open in American Fork, UT. This new facility is the second announced in Utah and reportedly “underscores Pickleball Kingdom’s commitment to bringing premier indoor pickleball facilities to the Beehive State.”
Outdoor Research Expands Midwest Indie Sales Agency Territory
The maker of outdoor apparel and gear, OR expanded the sales territory for its Great Lakes territory sales rep team, Westbay Trading Co., to include the Midwest territory.
Perfect Moment Narrows Fiscal Year Loss on Mid-Single-Digit Sales Growth
E-commerce revenue increased 21 percent to $10.4 million compared to $8.6 million in the prior year, said to be due to greater brand awareness and a stronger focus on e-commerce.
Report: Manufacturing PMI Contracted Again in June
Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months.
Shoes For Crews Emerges from Chapter 11 as Assets are Sold to Lenders
Following the close of the Sale Transaction, ownership of Shoes For Crews and its international entities will transfer to a group of top-tier global investment firms. The company’s current management team will reportedly continue to lead the business.
Fanatics Inks Partnership Deal with New Zealand Rugby
Fanatics will become the master licensee for New Zealand and will run the e-commerce and physical retail for the All Blacks and the Black Ferns.
NYSE Regulation Moves to Delist Delta Apparel Shares; Suspends Trading
In reaching its delisting determination, NYSE Regulation noted the company’s disclosure regarding the expectation that holders of shares of Delta Apparel’s common stock would experience a complete or significant loss on their investment, depending on the outcome of the Chapter 11 cases.
Volvik USA Expands North America Leadership Team
As director of business operations for North America, Matt King has over a decade of experience overseeing operational efficiencies, improving processes and managing resources, most recently at RSR Group, Inc.
OrthoLite Expands European Market Presence
OrthoLite Europa’s expansion reportedly “bolsters capacity, innovation, and local-for-local insole production solutions” for OrthoLite’s European brand partners.
Leki USA Taps Ascension Sales for Mountain West
Founded in 2013 by industry veterans Brad Barlage, Eric Johnson and Brian Stevenson, Ascension Sales covers the trekking and outdoor retail territory for Leki in the Rockies and several states in the Midwest.
Sports Authority Founder Jack Smith Passes Away
Smith was the visionary who turned Sports Authority into one of the largest sporting goods retail brands worldwide. Smith also served as chairman of the board of the National Sporting Goods Association (NSGA) and was inducted into the Sporting Goods Industry Hall of Fame in 2016.
MNC Capital Delivers Merger Agreement and Financing Commitments to Vista Outdoor
The investment firm said it has delivered a Merger Agreement it is prepared to sign for its $42 per share all cash proposal, as well as commitment letters with respect to the proposed debt and equity financing for such proposal totaling approximately $3.2 billion needed to finance the transaction.
PGA Tour Hires Chief Marketing & Communications Officer
Former Aon CMO Andy Weitz is responsible for positioning the PGA Tour brand for investment while communicating its global strategy and performance to the Tour’s stakeholders and beyond. He will formally begin working with the PGA Tour in mid-August.
