SGB Update

Study: Repeated Hits To Head, Not Only Concussions, Can Cause CTE

A study published online in Brain, a journal of neurology, finds that repetitive hits to the head that don’t lead to concussions – meaning no loss of consciousness or other symptoms that can include headaches, dizziness, vision problems or confusion – cause CTE.

S&P Downgrades Sears’ Corporate Credit Rating

Standard & Poors Corp. lowered its corporate credit rating on Sears to ‘CCC-‘ from ‘CCC’ to reflect its view of “potential transactions as distressed because its believe lenders would receive less than the original promise.” The outlook is negative.

Wigwam Selects Inside|Out Communications

Wigwam Mills Inc., the family owned maker of premium, made-in-the-USA socks since 1905, announced  that Colorado-based Inside|Out Communications will handle its global media and brand communications for the Peak 2 Pub, Rod & Rifle, Lifestyle/Classics and the all new Work Line categories.

Darby Communications Announces 2018 Stand Up Initiative Partners

In 2018 Darby will partner with several organizations from North Carolina, including Asheville GreenWorks, Friends of Big Ivy, MountainTrue and Friends of the Smokies, in an effort to heighten awareness and make lasting, positive impacts on the environment.

Leatherman Tool Group Opens On-Site Health Clinic For Employees

Leatherman Tool Group has opened the CareHere Health & Wellness Center, a new on-site facility that will provide access to primary and preventive healthcare to Leatherman Tool Group employees and their dependents covered by the company’s health plan.

Activist Investors Urge Changes At Genesco

In a filing with the U.S. Securities and Exchange Commission, Legion Partners Asset Management LLC and 4010 Capital LLC said they now own a combined 5.3 percent stake in Genesco and stated they made the acquisition because they Genesco’s shares are  ““undervalued and represented an attractive investment opportunity.”

VF Corp. To Open Distribution Center In Jonestown, PA

VF Corp will open a new distribution center in Jonestown, Pa., in early 2019. VF is investing up to $52 million in the project and bringing more than 175 new full-time jobs to the area over the next three years.

Nike Appoints Chief Marketing Officer

Nike Inc. announced Dirk-Jan “DJ” van Hameren has been promoted to VP, chief marketing officer. Van Hameren will succeed Greg Hoffman, who has been appointed VP, Global Brand Creative & Marketing Innovation.