SGB Update

Boot Barn’s COO To Retire

Boot Barn Holdings, Inc. reported that Gregory Hackman, executive vice president and chief operating officer, plans to retire in June. He will continue in his position until then and transition his responsibilities to other company executives.

Jetson Electric Bikes Recalled

About 53,000 electric bikes manufactured by Jetson Electric Bikes are under recall as the batteries can overheat, posing a fire hazard. The U.S. Consumer Product Safety Commission reported that two sisters, ages 10 and 15, were killed in a fire, and the company’s 42-volt Jetson Rogue started the blaze.

Topgolf Callaway Brands Reports New Hires And Promotions

Topgolf Callaway Brands Corp., following its recent Q4 and FY 2022 earnings report, announced several executive promotions and new hires, reflecting “the increased scope and scale of responsibilities for these leaders to support the company’s long-term growth.” 

Authentic Brands Group Makes Binding Offer To Acquire Boardriders

Authentic Brands Group reported it entered a period of exclusivity and made a binding offer to purchase Boardriders, the parent of Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, and Honolua. Boardrider is owned and managed by Oaktree Capital Management, L.P. Terms were not disclosed.

Nike Faces Shareholder Proposal On Worker Conditions

In a shareholder proposal released Thursday, activist shareholder platform Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments.

Topgolf Callaway Adds Board Member

Topgolf Callaway Brands Corp. plans to add C. Matthew Turney, chief financial Officer of Dundon Capital Partners, to its Board of Directors.

AAFA/FLA Renew Pact Against Migrant Forced Labor

The American Apparel & Footwear Association (AAFA) and the Fair Labor Association (FLA) re-launched and enhanced the AAFA/FLA Apparel & Footwear Industry Commitment to Responsible Recruitment.