SGB Update

Garmont Finds Equity Partner

Garmont International Srl, the maker of performance footwear brand for mountaineering, hiking and other outdoor pursuits,  announced that Wayne Edy has become a partner in the share capital of the company.

True Fit Secures Investment

True Fit, the data-driven personalization platform for apparel and footwear, announced a new $55 million Series C investment, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital.

DMOS Collective Raises Funding

DMOS Collective, the Jackson Hole, WY-based maker of snow shovels for ski and snowboard athletes, announced a Series A investment from Astia Angels, a global investment community investing exclusively in women-led ventures.

OARS To Premium Film Return from Desolation

The film, from award-winning director Justin Clifton, and supported by YETI, Chaco, NRS, and Sierra Club, will premiere at the 2018 Wild and Scenic Film Festival in Nevada City, California on January 13.

NRF: Holiday Sales Grew 5.5 Percent

Holiday sales during November and December increased 5.5 percent over the same period in 2016 to $691.9 billion as growing wages, stronger employment and higher confidence led consumers to spend more than had been expected, the National Retail Federation said.

Sam’s Club To Close 63 Locations

The company will convert up to 12 of the impacted clubs to eCommerce fulfillment centers in a move that will speed delivery of online orders, with the balance of the facilities closing over the next few weeks.

Vail Resorts Sees Challenging Start To Ski Season

Vail Resorts Inc. reported season-to-date total skier visits for the company’s North American mountain resorts were down 10.8 percent compared to the prior year season-to-date period, impacted by low snow levels in the western regions.