SGB Update

Five Iron Golf to Open Third Philadelphia Venue

In partnership with Brandywine Realty Trust, Five Iron Golf is developing its third indoor corporate-owned venue in Philadelphia’s Logan Square. The site will open early next year.

Snow Peak Acquires Majority Stake in Swift Fly Fishing Co.

Founded by Carl McNeil and Jeanie Ackley, Swift Fly Fishing, headquartered in Wanaka, New Zealand, manufactures the Epic Fly Rod brand that uses graphite, graphene, and Epic’s proprietary “Fast Glass” composite material to create the rods.

Amped Fitness to Open First Studio in Texas

While the Richardson, TX location, set to open on October 14, will set the tone for future studios to open around the state, Amped Fitness is “considering the launch of another Signature location—a luxury fitness concept with unique amenities and a different price point, catering to those looking for a more exclusive fitness experience.”

TagMarshal Completes Series A Capital Raise

The equity will be used to continue to innovate and grow the company’s golf course optimization platform and to add value to its partners, which include 40 of the Top 100 golf courses in the U.S.

National Forest Foundation Names New President & CEO

Dieter Fenkart-Froeschl, in his most recent position, worked for six years as chief operating officer at the National Park Foundation. His appointment as president and CEO takes effect November 1, based in Washington, D.C.

Twiceme Technology Names Chief Marketing Officer

Fredrik Kjellberg joins the Swedish safety solutions company from Mips, the helmet safety system manufacturer, where he was the CMO and helped build the company’s market position.

Tonal Welcomes New CEO

Effective immediately, Darren MacDonald takes the helm as Tonal’s CEO, replacing Krystal Zell who has served in the role since January 2023, who is stepping down for personal reasons.

DSW Parent Cuts FY Guidance as Q2 Profits Shrink

The company saw sustained pressure on challenged categories such as dress and seasonal in the second quarter, but was able to partially mitigate the impact through providing a greater selection of athletic and athleisure brands in the assortment.

Delta Galil Industries Appoints New CFO

Yaniv Benedek brings global experience across due diligence, mergers and acquisitions, strategic business development, and the establishment of new business initiatives to his new role.

Ross Stores Inc. Makes Merchandising Leadership Changes

Karen Fleming was promoted to president and chief merchandising officer at Ross Dress for Less and Karen Sykes was promoted to president and chief merchandising officer at DD’s Discounts, with both moves effective December 1.