SGB Update

Academy Is Opening Two More Stores In Central Texas In F23

Academy Sports and Outdoors, Inc. reported it will open two new stores in Central Texas this fall in Brenham and Kyle, respectively and is on track to open 13-to-15 stores in 2023, with the goal of opening 120-to-140 new stores by the end of 2027.

Hotter Shoes Parent to Appoint Administrators to Sell Operating Subsidiary

Unbound Group, the parent company of British footwear retailer Hotter Shoes, suspended trading of its shares on the London Stock Exchange and appointed administrators for its primary operating subsidiary, Beaconsfield Footwear, Ltd., after failing to find a buyer or to raise capital to restructure the business.

Nation’s Capital Region Leads Fittest Cities in 2023

Arlington, VA and Washington, D.C., are ranked as the top two cities, respectively, in the 16th annual ACSM American Fitness Index rankings report published by the American College of Sports Medicine and the Elevance Health Foundation.

Davidson’s Names Director of Merchandising

Davidson’s, the firearms, ammunition, optics, and accessories wholesaler, welcomed Ronald Dan as its director of merchandising. His most recent position was with Trailblazer Firearms where he served as president.

Nike Ends Sponsorship of Hockey Canada

Nike ended its sponsorship of Hockey Canada. Last year, Nike was one of several major partners that paused its sponsorship deal with Canada’s governing hockey body amid heavy criticism of the organization’s handling of sexual assault allegations involving members of its 2018 World Junior team and settlement payouts.

Ross Stores Opens 27 New Stores in July

Ross Stores opened 18 Ross Dress for Less and nine DD’s Discounts stores across 14 states in June and July as part of the company’s plan to add approximately 100 new stores—75 Ross and 25 DD’s Discounts—during fiscal 2023.

Journeys Launches Second-Hand Resale Program

Journeys launched Journeys Second-Hand, an apparel resale program where customers can shop secondhand apparel through the company’s website and resell their worn clothing for a Journeys shopping credit.

Thule Group Appoints New CFO

Thule Group appointed Toby Lawton as chief financial officer and a Group management team member based at its Headquarters in Malmö, Sweden. Lawton will assume his position latest in January 2024.