SGB Update

Wolverine Worldwide Appoints Chief Supply Chain Officer; Jim Zwiers to Exit

Bishu Jayaram was appointed to the newly-created role of chief supply chain officer, responsible for global sourcing, distribution, logistics, and integrated planning. Jim Zwiers, EVP and president of the Global Operations Group, will transition away from the company in early 2024.

U.S. Consumer Confidence Rises to 5-Month High in December

The Conference Board reported that its Consumer Confidence Index rose to 110.7 million in December, up from a downwardly revised 101.0 in November in an indication that concerns about a recession in the U.S. are lessening. The Index improved for the third consecutive month, reaching its highest level since July.

EoS Fitness Opens Gym Near Cal State Fullerton

EoS Fitness opened its 14th venue in California with a new fitness center in Fullerton, close to Cal State Fullerton. EoS Fitness on Chapman Avenue reportedly boasts 39,000-plus square feet of workout space accessible 24 hours a day, seven days a week.

Topgolf Breaks Ground in Greensboro, NC

Topgolf recently broke ground on a new two-level venue in Greensboro, NC, set to open in late 2024, and is part of a shopping center development also under construction.

Frasers Group Acquires Matches

Frasers Group, the parent of Sports Direct, agreed to acquire luxury e-tailer Matchesfashion, recently renamed Matches, for £52 million ($63 million).

Winnebago May See Tough Year Ahead as Fiscal Q1 Backlogs Fall 54 Percent

A 20 percent decline in revenues for the fiscal first quarter ended November 25 was said to be primarily driven by lower unit sales related to market conditions, product mix, and higher discounts and allowances compared to the prior-year quarter, partially offset by carryover price increases related to higher motorized chassis costs.

Canada Goose Appoints Co-President; Shuffles Other Executive Roles

Canada Goose appointed Beth Clymer to the newly created role of president, finance, strategy and administration, effective January 8, 2024. Clymer will oversee finance, people and culture, corporate strategy, and legal matters with those who drive these functions.

Peak Ski Appoints Director of Business Development and Special Projects

Peak Ski Company announced it promoted Catie Park to director of business development and special projects. Most recently, Park was the manager of Peak Ski’s retail operations. Andy Wirth, co-founder and CEO, launched Peak Ski Company, based in Bozeman, MO, in April 2022 with the former Olympic alpine ski racer Bode Miller and has since […]