SGB Update

Benchmade Adds James Brand Founder Ryan Coulter to Product Team

Benchmade has named Ryan Coulter, founder of The James Brand, as VP of product. Coulter will oversee product strategy, innovation, roadmap development, customer insights and cross-functional alignment across product, sales, marketing and manufacturing.

Bogner Appoints Arne Freundt as CEO

German luxury apparel and skiwear brand Bogner has appointed Arne Freundt, former CEO at Puma, as its new chief executive officer, effective June 1. The appointment follows the acquisition last September of a 60 percent stake in Bogner by Katjes Quiet Luxury GmbH, the investment subsidiary of German-based Katjes International GmbH & Co.

Beachbody Sees Further Profit Improvement on Marketing Model Transition

The El Segundo, CA-based fitness and nutrition company saw sales slump 25 percent in the first quarter due to a shift from a multi-level marketing (MLM) structure to a single-level affiliate model, but saw profitability improve and top guidance for the third straight quarter.

Selkirk Sport Acquires Bread & Butter Pickleball Company

With the inclusion of Bread & Butter, Selkirk “expands its portfolio with a differentiated brand that speaks to a distinct consumer segment.” The acquisition is also said to enhance both companies’ platform of services as they scale internationally.

FDRA: Footwear Inflation Accelerates Further in April

U.S. Retail footwear prices rose 4.2 percent year over year (YoY) in April, accelerating from a spike of 2.4 percent seen in March, according to the latest data from the Footwear Distributors and Retailers of America (FDRA).

Under Armour Shares Fall on Fiscal Q4 Earnings Miss and Weak Outlook

Revenue was down for the quarter as the declines in the North America region more than offset International growth, but the number exceeded analysts’ estimates. The company posted an Adjusted loss per share of 3 cents for the fourth quarter, missing the analyst estimate for a loss of 2 cents per share.

RealReal Lifts FY Outlook as Q1 Revenues Expand 19 Percent

The RealReal, Inc. raised its outlook for the year after reporting first-quarter results topped guidance, with gross merchandise value (GMV) and total revenue increasing 24 percent and 19 percent respectively, compared to the first quarter of 2025.