SGB Update

Ammo, Inc. Hires Chief Operating Officer And President

Ammo, Inc., the owner of GunBroker.com, hired Jared Smith as chief operating officer and president, effective January 3, 2023. Smith, most recently, worked as the general manager for Fiocchi of America.

NRF Study Forecasts More Than $816 Billion In Holiday Returns

Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a retail report released by the National Retail Federation (NRF) and Appriss Retail. As retail sales continue to grow, the average rate of return has remained flat at 16.5 percent compared with 16.6 percent in 2021.

REV Group’s Sales Expand 5.7 Percent In Fourth Quarter

REV Group, Inc. reported consolidated net sales in the fourth quarter ended October 31 were $623.6 million, representing an increase of 5.7 percent compared to $589.9 million for the three months ended October 31, 2021.

UCAN Names New CEO

The UCAN Company, the nutrition brand, hired Elena Sukacheva as chief executive officer. Sukacheva will also serve on the company’s Board of Directors.

TravisMathew Announces Hires For European Office

TravisMathew, the manufacturer of lifestyle and performance apparel, hired Matt Freeland and Matt Cox as general manager, EMEA and strategic key account manager EMEA, respectively, headquartered in its newly-created European office. 

PVH Hires Global Brand President, Calvin Klein

PVH Corp. hired Eva Serrano as the global brand president for Calvin Klein. Serrano, a veteran Inditex Group employee, will join the company in March 2023, reporting to CEO Stefan Larsson.

Report: Pinarello Exploring Sale

L Catterton, the private equity fund that acquired Pinarello in 2016, has retained Houlihan Lokey to explore a sale of the Italian bike manufacturer, according to unquote.com.