SGB Update

Yeti Opens Store In Kansas City

Yeti opened a store in Leawood, KS, a suburban community in the Kansas City metro area. The location is Yeti’s first in Kansas and 21st overall in the U.S.

Revolve To Open First Permanent Store In Aspen

The store opening “supports Revolve’s broader strategy to blend online and offline shopping, giving customers more touchpoints” and follows the company’s “successful” pop-up shop the company opened in the same location in December 2023.

Ammo, Inc.’s Losses Steepen On Sales Declines

Ammo, Inc., the owner of GunBroker.com, reported sales fell 7.5 percent in the fourth quarter and 24.2 percent in the fiscal year ended March 31 with losses widening in both periods. 

Golden Goose Aims for $2 Billion Valuation in IPO

The Italian-based luxury sneaker maker owned by private equity firm Permira, is aiming at a market capitalization of up to €1.86 billion ($2 billion) in its upcoming initial public offering (IPO) on the Milan bourse.

Coghlan’s Snaps Up Fozzils

The integration of Fozzils’ products into Coghlan’s, maker of camping accessories, will begin immediately, with plans to introduce Coghlan’s branded products by Fall 2024.

Momentec Brands Names Chairman, CFO and SVP of Product Development

Formed out of the merger of Augusta Sportswear Brands and Founder Sport Group, Momentec Brands appointed David Baxter as chairman, Mike Moore as chief financial officer, and Joel Bennink as SVP of product development. Most recently, Baxter was the president of Under Armour for the Americas Region. Bennink spent 13 years at Under Armour, where he led the growth and development across Team, Golf and Curry-branded apparel.

Crunch Fitness Opens in Kansas

Fitness Ventures LLC, a growing Crunch franchise, operating in over 25 states, owns Crunch Fitness Shawnee, KS.

Planet Fitness Launches Accelerated Share Repurchase Program

Planet Fitness entered into a $280 million accelerated Share Repurchase Agreement with Citibank, N.A.. The company will acquire shares under the Agreement as part of its $500 million share repurchase authorization previously announced.

Super Retail Names New Chair to Replace Sally Pitkin

Super Retail Group, which owns Rebel, Supercheap Auto, BCF and Macpac in Australia, appointed Fonterra executive Judith Swales as its new Board chair replacing Sally Pitkin, who will retire from the Board after the company’s October annual general meeting.