SGB Update

American Rebel Holdings Closes Private Placement Offering

American Rebel Holdings, Inc., a designer, manufacturer and marketer of branded safes, personal security and self-defense products, closed on its private placement of common stock, or pre-funded warrants in lieu thereof, and warrants.

EssilorLuxottica Inks Eyewear License with Jimmy Choo

EssilorLuxottica, the parent company of Ray-Ban, Costa, Native Eyewear, and Oakley, among others, signed an exclusive licensing agreement with Jimmy Choo to design, manufacture and distribute the brand’s eyewear worldwide.

New Wave Group Acquires Tenson AB

New Wave Group AB reported it acquired 100 percent of the shares in the Swedish outdoor and lifestyle company Tenson AB. Tenson AB will reportedly be part of the Sports & Leisure operating segment with a primary focus on the retail sales channel.

Levi Strauss Trims Outlook for Year on U.S. Wholesale Weakness

Levi Strauss & Co. reduced guidance for its fiscal year while reporting earnings in its fiscal second quarter ended May 28 arrived slightly below Wall Street targets amid pressures at the U.S. wholesale channel. Wholesale revenues were down 22 percent in the quarter. Beyond Yoga was a bright spot, increasing revenues by 28 percent.

Gillz LLC Rebrands to Outdoor Nation Unlimited LLC

Gillz LLC, based in Jacksonville, FL, rebranded to Outdoor Nation Unlimited, emphasizing the company’s expansion beyond fishing apparel into the broader performance outdoor apparel category. The company’s consumer-facing brands include Gillz, Reel Life, FinTech, and Mad Pelican.