SGB Update

PVH Corp. Debt Ratings Outlook Upgraded

S&P Global Ratings revised its debt ratings outlook on PVH Corp. to positive as the parent of Tommy Hilfiger and Calvin Klein demonstrated a track-record of maintaining leverage of less than 3x in recent years.

Kryptek Appoints COO

Kryptek Outdoor Group, the tactical and hunting apparel brand, welcomed Tim Piver as its new chief operations officer.

Report: Shot Show is Now the Third Largest Trade Show in Vegas

The show is now the eighth largest trade show in America, according to Trade Show Executive’s just-released Gold 100 rankings. The rankings were based on trade shows held throughout the U.S. in 2022 and measured by net square feet.

Swag Golf Raises $10 Million in Funding Round

Swag Golf, a golf accessory, equipment and apparel company based in Northbrook, Il, closed a $10 million growth round led by Verance Capital, a New York-based growth investment firm focused on sports and entertainment.

American Outdoor Brands Names COO

American Outdoor Brands Inc. said Brent Vulgamott, vice president of sales, operations and analytics, was promoted to chief operating officer, a newly created role. Vulgamott will continue to lead all facets of the company’s sales, operations, and analytics functions.

The Good Feet Store Opens 250th Location

The Good Feet Store, based in Carlsbad, CA, announced a milestone with the opening of its 250th store, in partnership with franchisee group, The Watermans. The new store is located at 4400 Hwy 6 #200 in College Station, TX.

PleasureLand RV Centers Owner Dan Pearson Passes Away

The RV Dealers Association (RVDA) issued a statement today, October 3, informing the industry and RVDA membership that Dan Pearson, owner of PleasureLand RV Centers, headquartered in St. Cloud, MN, has passed away.

Gunpowder, Inc. Adds Three Hires in Strategic Move

The company noted that the hire of Josh Ward, Michelle Gandola and Alex Gaziano in the third quarter of 2023, reflected the Wisconsin-based agency’s “commitment to strengthening its public relations and digital marketing capabilities.”

Nordstrom Plans Another Texas Rack Store

With the addition of this new location, two stores opening this fall in Denton and Allen, and the recently-opened location in San Antonio, Nordstrom will operate 22 Nordstrom Rack stores and eight Nordstrom stores in Texas.

Macy’s Plans to Open Up to 30 Small-Format Stores Through 2025

Macy’s, Inc. reported plans to open up to 30 new small-format stores starting in 2024 and running through fall 2025; this is in addition to the 15 small-format Macy’s and Bloomie’s stores the retailer will operate by the end of 2023.