SGB Update

Famous Footwear Parent’s CFO to Depart

The parent company of Famous Footwear, Naturalizer, Vionic, Allen Edmonds, Stuart Weitzman, Blowfish Malibu, and Sam Edelman brands, reported that Jack Calandra, its chief financial officer, is leaving at the end of the month to pursue other opportunities.

Salomon Appoints First Creative Director

Salomon has appointed Finnish designer Heikki Salonen as the company’s first creative director. With a career spanning 30 years, Salonen was previously head designer at Diesel before serving as creative director at MM6 Maison Margiela for 12 years.

Nordstrom Rack to Relocate Downtown Seattle Store

The 39,000-square-foot store will be relocated to a historic building owned by a local partnership led by Mike Hess, located at Sixth Avenue and Pine Street in downtown Seattle. The store will open in spring 202y.

Revel Bikes Moving Colorado Headquarters

Revel Bikes is relocating its U.S. headquarters from Carbondale, CO, to Golden, CO. Golden’s proximity to Denver (16 miles) and Boulder (20 miles) will allow the brand to “better grow its business in a sustainable way.”

Report: Nike to Skip Super Bowl Ad This Year

Nike, Inc. will not be airing an ad during Super Bowl 60, the company confirmed to Adweek. The move comes after the company ran its first Super Bowl commercial in 27 years last year.

Dead Air Silencers Appoints Creative Manager

Dead Air Silencers, based in Heber City, UT, has appointed Miles Mortensen as creative manager for both the Dead Air and Dead Air Defense brands. A lifelong firearms enthusiast, Mortensen transitioned full-time into the firearms industry a decade ago.

Night Fision Acquires Zaffiri Precision

Night Fision, a maker of tritium insertion, iron sight solutions and optic plate adaptors, announced the acquisition of Zaffiri Precision, known for its customizable aftermarket gun slides and barrels that are compatible with Glock and Sig Sauer.

Reju to Open First U.S. Materials Recycling Facility in Rochester, New York

French materials recycling company Reju, led by former Under Armour CEO Patrik Frisk, plans to open its first U.S-based industrial facility in Rochester, NY, aiming to regenerate 300 million articles annually. The plant is expected to be operational at the site by the end of 2029 and support 70 jobs.

Padel Haus Secures Equity Investment from Australia’s AO Ventures

AO Ventures, the investment arm of the Australian Open and Tennis Australia, has made a “significant investment” in Padel Haus, the U.S.-based padel club upstart. Padel Haus operates six clubs nationwide and has reported plans for continued growth to align with the sports popularity.

Pukka Parent Imperial Names Chief Commercial Officer

Imperial, the headwear maker under the Imperial, Pukka, Winston Collection, and the Peter Millar Licensing Company names, hired Matt Ritchie as chief commercial officer in a newly created role. Most recently, Ritchie served as SVP of sales at Interior Logic Group.