SGB Update

Toca Football Raises $100 Million In Funding

The largest indoor soccer center operator in North America and the official soccer training partner of Major League Soccer, raised approximately $100 million in private funding to accelerate growth and open additional soccer-themed Toca Social entertainment venues.

Modern Meadow Appoints CEO

Dr. Williamson will transition from president and chief operating officer to chief executive officer, effective October 14. He has worked in multiple roles since 2015 for the Bio-Vera sustainable-materials brand.

Optima Cycles Acquires Dolly Bikes

Amsterdam-based e-bike and electric cargo bike manufacturer Optima Cycles strengthens its position in the growing e-cargo bike market with the acquisition of Dolly, the e-cargo bike brand based in Utrecht, Netherlands.

361 Degrees Owned-Retail Posts Robust Growth in Q3

361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.

Survey: Inflation a Top Concern for Holiday Shoppers

Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.

Pinarello Opens Flagship in Zurich

Bottega di Pinarello, at Bärengasse 10, is a kilometer from the Sechseläutenplatz, where each UCI Road World Championships race finishes. The store offers Pinarello’s full range of products.

LeagueApps Secures Additional Equity Investment

Founded in 2010, LeagueApps powers youth and local sports organizations across eight team sports, pro leagues, and teams and supports engagement with parents and coaches.

L.L.Bean Officially Opens Doors in Enfield, CT

In June, L.L.Bean announced plans to open four new retail stores in 2024, including its first store in Indiana, underscoring its omnichannel growth strategy. Last week, the retailer’s Enfield, CT store officially opened in Brookside Plaza, its third in the state.