Digital Brands Group Announces 1-for-25 Reverse Stock Split
The company will effect a 1-for-25 reverse stock split of its common stock, par value $0.0001 per share, effective on August 22, 2023, at 12:01 a.m., EST, pursuant to the vote of its shareholders on August 21, 2023.
Tractor Supply Launches Open Buying Days
Tractor Supply said the Open Buying Days are open to individuals and businesses nationwide. The event seeks to uncover unique products that align with Tractor Supply’s purpose – to help customers as they live Life Out Here.
Adidas Renews Partnership With Newcastle United
Adidas renewed its partnership with Newcastle United, the U.K. soccer club that competes in the Premier League, as its kit sponsor.
NBDA Establishes Bicycle Industry E-Bike Safety & Standards Panel
The quarterly platform is expected to serve as a central hub for experts to engage in discussions, share insights and formulate best practices, with the goal of enhancing safety and compliance across the e-bike market.
Canyon Ranch Secures $150 Million Equity Investment
Canyon Ranch, the upscale wellness club based in Fort Worth, RX, reported it secured an investment of $150 million from VICI, a New York-based real estate investment trust specializing in entertainment projects, to support expansion projects.
Lazydays RV Opens Wilmington, OH Location
The company said the new location marks “the exciting beginning of Lazydays expansion into the Northeast region and gives Ohio RVers a premier destination for all their sales and service needs.”
Kontoor Brands Hires New CFO; Current CFO to Retire at Month-End
Current EVP/CFO Rustin Welton will retire from Kontoor after four years with the company. Kontoor hired VF Corp.’s former corporate development VP, Joe Alkire , to replace Welton as EVP/CFO.
Rally House Opens Store in Cleveland Market
Rally House opened a retail store at the Great Lakes Mall in Mentor, OH, just east of the Cleveland metro.
Report: Starter Plans Comeback With New Licensing Deals
Starter is reportedly negotiating on-field licensing deals with the Fox Sports-controlled USFL and the Arena Football League as part of a comeback.
Galvin Green Appoints Global Sales Director
Premium hi-tech golf apparel brand has appointed experienced corporate executive Per Ågren to a new position as its global sales director.
Columbia Sportswear Names SVP, Global Distribution Network
Columbia Sportswear Company hired Tom Gyles as SVP, global distribution network. He formerly worked for PVH and Gap, Inc.
Westcliff University Partners with Nike/BSN Sports
Westcliff University, based in Irvine, CA, entered into a five-year partnership with Nike through BSN Sports.
Aerosoles, White Mountain Parent Acquires Hatch Collective
American Exchange Group, the parent of the Aerosoles and White Mountain footwear brands, moved into the beauty space by acquiring HatchCollective, the manufacturer of beauty and personal care brands.
Iron Valley Supply Hires New Account Manager
The company hired Travis Czukoski as an account manager. He recently graduated from West Chester University in May 2023 with a dual major in Finance and Economics.
Ben Sherman Inks License Agreement with BSI Apparel
Ben Sherman announced a new licensing agreement with U.K.-based BSI Apparel Limited, a subsidiary of Broadgate1960, the parent company of Crew Clothing Company, Saltrock Surfwear and Pringle of Scotland.