SGB Update

Cardo Systems Names Sales Manager for U.S. and Canada

Cardo Systems, known for its Bluetooth communication systems for motorcycle, ski and cycling helmets, named Erika Gurnett as its new sales manager for Outdoor Sports in the United States and Canada.

Pure Hockey Acquires North Georgia Hockey

The hockey specialty retailer said the acquisition marks Pure Hockey’s first entry into the Georgia market and underscores its commitment to serving hockey players across the U.S.

Tommy John Snags New CEO from Calvin Klein

Tommy John tapped industry leader Cheryl Abel-Hodges as CEO. Last week, she joined the company’s executive team from her former role as CEO of Calvin Klein.

Lazydays Holdings Files S-1 for Rights Offering for Shareholders

The net proceeds of the offering will be used for company growth initiatives including acquisitions and new business development activities and general corporate purposes, which may include repaying or refinancing existing or future debt facilities.

Nike Shareholders Reject Pay Equity Proposal

At Nike, Inc.’s annual meeting Tuesday, shareholders voted against a proposal seeking a more detailed report on pay gaps across race and gender. Shareholders also rejected a proposal over the disclosure of human rights commitments.

Fanatics Appoints New CEO for Commerce Business as Doug Mack Retires

Fanatics hired Andrew Low Ah Kee as CEO of Fanatics Commerce, effective immediately. Over the past decade-plus, Fanatics Commerce, the company’s largest business, reportedly “transformed from a domestic e-commerce company into a global omnichannel business.”

Nordstrom Rack to Open New Store in San Diego

With this new location opening in Fall 2024 and to other announced store openings, Nordstrom will operate 68 Nordstrom Rack stores, 22 Nordstrom stores, 5 Nordstrom Locals, and one asos | Nordstrom in California.