SGB Update

Cherokee Receives NASDAQ Warning

Cherokee Inc. announced that on June 21, it received a notice from the NASDAQ Stock Market stating that the company is not in compliance with its stock listing requirements because it didn’t file its first-quarter report on time.

Polygiene Announces International Distributors, CFO And Marketing Chief

Polygiene, a specialist in odor control and freshness technologies, announced two international partners to manage distribution in Turkey and India. Additionally, Polygiene appointed Ulrika Bjork as its new chief financial officer (CFO) and promoted North American marketing director, Colleen Nipkow, as its global marketing director.

Canada Goose Prices Secondary Offering

Canada Goose Holdings Inc. announced the pricing of the public secondary offering of 12.5 million subordinate voting shares to be sold by certain existing shareholders, including Bain Capital and certain members of the company’s management, at a price to the public of U.S.$20.75 per share.

Nike Opens New Headquarters In New York

Covering 150,000 square feet, the “NYHQ” building will encompass six floors at 855 Avenue of the Americas, with conference rooms, a rooftop garden in the shape of a Swoosh, a design studio and a 4,000-square-foot, 400-seat NBA-sized basketball court.

Sports Basement Opens Store In Santa Rosa

Sports Basement on June 28 opened its eighth store in the Santa Rosa Marketplace in Santa Rosa, CA. The store was a former Sports Authority location.

Skechers Opens Largest Factory Outlet Store

At approximately 24,000 square feet, the superstore in Ontario, CA features dedicated shops for the various Skechers lifestyle and performance collections for Men and Women, a Kids’ area with a theater and a shop dedicated to the brand’s growing apparel collection.

Activist Investor Demands Sale Or Merger Of Deckers Brands

In a letter to Deckers board, Marcato said that if if Deckers’ strategic review process does not culminate in a sale of the company at an attractive value to all shareholders, Marcato “will be prepared to seek significant Board change at the company’s next annual meeting by nominating a slate of director candidates to replace the entire Board.”

Future of Tennis & Tech Event Coming To New York City

The 10th Annual Tennis Industry Association (TIA) Tennis Forum, which will be held in New York City on Aug. 28, the first day of play at the US Open, is inviting entrepreneurs with innovative products, software or services designed to grow the sport and business of tennis to pitch their ideas in the “Tennis Innovation Challenge NYC 2017.”

KL Outdoor-GSC Appoints CEO

KL Outdoor-GSC, a New Water Capital portfolio company, stated that outdoor sports and recreation industry veteran Charles L. “Chuck” Smith has been named chief executive officer.

Retro Fitness Names Mike Rogers As New COO

Rogers most recently served as director of license store operations at Starbucks Coffee Company, where he led the brand through record growth for more than 20 years.

Koenig Acquires Chamber-View Holdings

Chamber-View LLC., manufacturer of visual firearm safety products for shotguns, AR rifle platforms and pistols, has been acquired by X-Ring Productions LLC.