SGB Update

Ammo, Inc. Extends Share Repurchase Plan

Ammo, Inc.’s Board of Directors approved extending its share repurchase program for up to $30 million of its outstanding common stock until February 2024.

PVH Corp Flys Past EPS Guidance In Q4

PVH Corp., the parent of Tommy Hilfiger and Calvin Klein, fourth-quarter earnings were down due to higher costs and increased promotion as sales on a currency-neutral basis climbed 8  percent. Earnings came in well ahead of company guidance.

K-Swiss To Sponsor Pickleball Slam

K-Swiss reported it signed on as a sponsor of the 2023 inaugural Pickleball Slam on April 2 at the Hard Rock Live at the Seminole Hard Rock Hotel & Casino in Hollywood, FL.

Varsity Brands To Pay $43.5M In Antitrust Settlement

Varsity Brands has agreed to pay $43.5 million to settle a federal lawsuit that the student apparel company and producer of cheerleading events abused its industry dominance, causing private gyms and spectators to pay artificially inflated prices.

Long-Time Outdoor Cap Rep To Retire

On March 31, Lisa Hawkins, Outdoor Caps outside sales rep for Idaho and Oregan will retire. Randy Snyder, who represents the brand in Alaska, Montana and Washington, will assume her role in those states.

L Catterton Secures Investment From Hunter Point Capital

Hunter Point Capital reported it made a minority investment in L Catterton, the consumer-focused private equity firm with investments in the active lifestyle space, including 2XU, Birkenstock, Kodiak, Pinarello, Seafolly, Taxa Outdoors, and West Marine.

Aeroe Names Global Sales Director

Aeroe, the maker of bike racks, hired Andrew Inman as global sales director. The New Zealand-based brand reported expanding its North American distribution and retailer network.

Hurley Owner Acquires Scotch & Soda

Bluestar Alliance, the New York-based owner of Hurley, Bebe and Tahari, announced it acquired Dutch fashion brand Scotch & Soda, which filed for bankruptcy in the Netherlands last week.

Revo Brands Hires Chief Revenue Officer

Revo Brands, the parent company of Real Avid and Outdoor Edge Cutlery, hired Kenan Ikels as chief revenue officer. In this role, Ikels leads sales for Revo Brands with responsibility for the company’s top-line revenue growth.