Rally House Opens Storefront in Lehigh Valley Mall and Second in Houston
The nationwide retailer increased its storefront count in the Philadelphia area to 22 after opening Rally House Lehigh Valley Mall in Whitehall, PA, on July 5, on the Mall’s lower level. Rally House Willowbrook Plaza opened on July 5, two weeks after its first storefront in Houston with Rally House Houston Outlets.
SGB Media to Close for Independence Day Holiday
SGB Media will not publish the SGB Morning or Evening Newsletters on July 4 and July 5. We will return to the office and resume publication on Monday, July 8.
Payntr Golf Raises Investment Capital; Jason Day Takes Equity Stake
Payntr Golf raised $1 million in investment capital in the second quarter, adding to other highlights for the first half, including double-digit growth and expansion of its retail presence.
Vista Outdoor Confirms Receipt of Latest Information from MNC Capital
The latest communication from MNC includes certain additional information required by Vista to assess MNC’s revised indication of interest, under which MNC expressed its final effort to acquire Vista Outdoor in an all-cash transaction for $42.00 per share.
NSSF: June Adjusted NICS Background Checks Decline 4.7 Percent
The June decline was a sequential improvement from May, when the NSSF-adjusted NICS figure declined 7.2 percent and April, when the metric declined 11.2 percent year-over-year.
Kith to Open Malibu Flagship
On July 4, Kith will open its third flagship in Malibu, CA, alongside Beverly Hills and West Hollywood. To commemorate the opening, Kith partnered with New Balance to redesign the 1300 and 580 sneakers.
Authentic Brands Group Appoints Head of Japan Region
Jeff Daggett has been tapped as SVP, head of Japan. With over three decades of industry experience, Daggett is expected to play an integral role in strengthening Authentic’s presence and driving brand growth in the region.
Club Champion Appoints Chief Marketing Officer
Before joining Club Champion, Colin Hall was chief revenue officer and marketing officer at Fusion Education Group, overseeing the company’s sales and marketing brands. He was also CMO at Allen-Edmonds Shoe Corp.
Pickleball Kingdom to Open Second Location in Utah
The latest franchise will open in American Fork, UT. This new facility is the second announced in Utah and reportedly “underscores Pickleball Kingdom’s commitment to bringing premier indoor pickleball facilities to the Beehive State.”
Outdoor Research Expands Midwest Indie Sales Agency Territory
The maker of outdoor apparel and gear, OR expanded the sales territory for its Great Lakes territory sales rep team, Westbay Trading Co., to include the Midwest territory.
Perfect Moment Narrows Fiscal Year Loss on Mid-Single-Digit Sales Growth
E-commerce revenue increased 21 percent to $10.4 million compared to $8.6 million in the prior year, said to be due to greater brand awareness and a stronger focus on e-commerce.
Report: Manufacturing PMI Contracted Again in June
Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months.
Shoes For Crews Emerges from Chapter 11 as Assets are Sold to Lenders
Following the close of the Sale Transaction, ownership of Shoes For Crews and its international entities will transfer to a group of top-tier global investment firms. The company’s current management team will reportedly continue to lead the business.
Fanatics Inks Partnership Deal with New Zealand Rugby
Fanatics will become the master licensee for New Zealand and will run the e-commerce and physical retail for the All Blacks and the Black Ferns.
NYSE Regulation Moves to Delist Delta Apparel Shares; Suspends Trading
In reaching its delisting determination, NYSE Regulation noted the company’s disclosure regarding the expectation that holders of shares of Delta Apparel’s common stock would experience a complete or significant loss on their investment, depending on the outcome of the Chapter 11 cases.
