SGB Update

Mixed Results For Occupancy At Mountain Destinations

At the halfway point of summer, lodging properties in mountain destinations are enjoying a strong overall seasonal performance but lacking the impressive year-over-year growth figures posted in the past decade.

Dillard’s Significantly Widens Loss In Q2

Dillard’s Inc. reported a net loss for the 13 weeks ended August 3 of $40.7 million, or $1.59 per share, compared to a net loss of $2.9 million, or 10 cents per share, for the prior-year second quarter. Analysts expected a loss of 77 cents per share.

FanDuel Group, Major League Baseball Announce Sports Betting Partnership

FanDuel Group and Major League Baseball (MLB) Thursday announced a multi-year partnership designating FanDuel as an authorized gaming operator of MLB. This is a landmark deal for FanDuel as it marks the company’s first partnership with Major League Baseball or an MLB team. The partnership provides FanDuel access to official MLB data, along with league […]

Private Equity Firm Norwest Invests In Vuori

Norwest Venture Partners on Thursday announced it has made a minority equity investment in Vuori, a performance apparel brand based in Encinitas, CA. Financial terms of the investment weren’t disclosed.

Frank Gore Named Xenith Brand Ambassador

Xenith on Thursday announced that Buffalo Bills running back Frank Gore will come on as a brand ambassador. Gore will be wearing a Xenith helmet this season.

Avenatti Files Motion Accusing Nike of Zion Payment

Lawyers for Michael Avenatti on Wednesday filed a motion in federal court alleging that an employee with Nike’s Elite Youth Basketball (EYBL) division authorized payments to former Duke star Zion Williamson and ex-Indiana star Romeo Langford when they were still in high school in February 2017.

FeraDyne Outdoors Appoints John Flanagan As CFO

FeraDyne Outdoors LLC has named John Flanagan as the company’s CFO. Flanagan has more than 25 years of experience in finance, operations and strategy, driving process improvements in both publicly traded and private companies.