SGB Update

SportChek Exec Joins Ross Stores as President, Operations

Ross Stores, Inc. reported that it named Stephen Brinkley to the newly-created role of president of operations, reporting to Michael Hartshorn, group president and chief operating officer, effective October 30.

Sportsman’s Warehouse Opens Second Store In Tucson

Sportsman’s Warehouse Holdings, Inc. reported it will open a second store in Tuscon and its tenth in Arizona. The 35,018-square-foot store at 5225 S. Calle Santa Cruz will host a grand opening on November 16.

Authentic Brands Group Taps Shaq to Run Reebok Basketball

Reebok appointed Shaquille O’Neal as president of Reebok Basketball with Allen Iverson serving as vice president of the division. Both NBA legends have longstanding relationships with Reebok and its parent company, Authentic Brands Group.

Barre3 Acquires The Barre Code

Barre3, the barre fitness company based in Portland, OR, acquired fellow studio operator, The Barre Code. With the acquisition, Barre3 said it has 185 studios nationwide and a digital platform with subscribers in more than 100 countries.

National Outdoor Leadership School Appoints New President

Sandy Colhoun brings a wealth of experience and a deep commitment to the school’s mission to this role, having served as the interim president for the past eight months. Colhoun was unanimously elected president by the NOLS Board of Trustees on October 5.

Alterra Mountain Set to Acquire Helicopter Skiing Company

The company plans to acquire Mike Wiegele Helicopter Skiing in Blue River, BC, Canada. Upon closing, the heli-skiing operation will further expand Alterra’s heli-skiing portfolio, complementing CMH Heli-Skiing and Summer Adventures.

Gatorade Grows Double-Digits In Third Quarter

PepsiCo reported sales of the Gatorade sports drink brand grew double-digits in the fiscal third quarter ended September 9 as increased prices offset a mid-single-digit decrease in unit volume.

Ross Stores Opens 51 New Stores in September and October

The company opened 43 Ross Dress for Less and eight DD’s Discounts stores across 22 states in September and October, completing the company’s store growth plans for fiscal 2023, adding 97 new locations.

Iconix Brand Founder Neil Cole Gets 18-Month Prison Term

Neil Cole, the founder and former CEO of Iconix Brand Group, was sentenced to 18 months in prison, after his second trial in a criminal case. Last November, Cole was convicted of securities fraud and other charges for misleading investors about the company’s earnings. 

AGM Global Vision Names President

AGM Global Vision, a manufacturer of electro-optics, night vision, and thermal imaging for hunting, appointed Mark Tarakanov as its new president. Tarakanov is one of the original founders of AGM Global and a seasoned industry veteran.

Pure Hockey to Open Two Stores In Ohio

Pure Hockey announced plans to open two stores in Ohio in mid-October in Columbus and Mayfield Heights. The openings mark the retailer’s entrance into Ohio.