SGB Update

Primark Continues U.S. Growth with Memphis, TN Store Opening

The Memphis location, opening July 24, is the first of two planned store openings in Tennessee for Primark, with a second store set to open in the Cool Springs Galleria in Franklin, TN. The opening marks the retailer’s 31st U.S. store, now spanning 13 states.

Carbitex Appoints VP of U.S. Sales

Hanna brings over 12 years of experience in advanced materials and textiles, most recently as director of Innegra sales at Quantum Materials, LLC, and previously as president of Innegra Technologies.

Silencer Central Hires Kelly Streiff as Chief Revenue Officer

Most recently, Streiff served for over eight years as VP of Sales and Marketing at Proof Research and was national accounts sales manager at Leupold & Stevens for nearly five years after getting her industry start at Cabela’s.

Winnebago’s Q1 Revenues Slump 18 Percent

The maker of motorhomes and towables reported a loss in the first quarter due to an 18.0 percent decline in sales, as the company was unable to offset revenue and margin declines in its RV segments by gains in its Marine segment, led by the Barletta and Chris-Craft brands.

Survey: Back-To-School Spending Expected to Hold Up

According to PwC’s 2025 Back-to-School Survey of nearly 1,200 parents, over one in three parents anticipate spending more than the amount they spent last year. For surveyed respondents who plan to cut back on shopping for back-to-school items this year, technology and clothing were cited as top categories for reducing spend.

Nike, Inc. Nominates Former Lego CEO for Board Seat

Jørgen Vig Knudstorp, former president and chief executive officer of the Lego Group from 2004 to 2016 and current deputy chair of the Lego Foundation, is expected to replace Cathleen Benko, a former Deloitte executive who is retiring from the board.

U.S. Consumer Confidence Worsens in June

U.S. consumer confidence unexpectedly declined in June, underscoring anxiety about the potential impacts on the economy and job market from higher U.S. import duties. The Conference Board’s gauge of confidence decreased 5.4 points to 93.

Wolverine Worldwide Appoints Sales Leader, Work Group

Jim O’Connor previously held executive roles at Timberland Pro, Shoes for Crews and Lands’ End. Wolverine’s Work Group includes Bates, Cat Footwear, Harley-Davidson Footwear, Hytest, Wolverine Boots & Apparel.

VF Corp. Appoints President of Napapijri

Valentina Visconti Prasca, formerly at Yoox Net-a-Porter Group, was appointed president of Napapijri, the Italian brand known for its travel bags and outdoor apparel. VF has owned Napapijri since 2004.

Pro Athlete Community, Inc. Secures $7.6 Million Series A Funding

The Series A funding, which was led by GSV Ventures, will fuel the launch of new virtual education programs, expanded mentorship, greater industry access, and enhanced career support—all centered on the unique needs of professional athletes.

CCM Hockey Receives Investment from Minority Stakeholders

Global hockey brand CCM has been at the forefront of hockey since 1899. Seven7, LLC, the Stamford, CN-based investment firm, has co-invested with Nordic private equity firm Altor in the previously announced acquisition of CCM.