SGB Update

Gucci Names Creative Director

Gucci hired Sabato De Sarno as creative director. He has worked in the industry for nearly two decades after starting his career at Prada in 2005.

IAiming Partners With Leisure Sales

IAiming, the smart thermal rifle scopes manufacturer, partnered with Leisure Sales to represent the brand in 13 Western states.

Academy Sports’ Debt Ratings Outlook Raised

S&P Global Ratings revised its debt rating outlook for Academy Sports + Outdoor, Inc. following a debt repayment. The positive rating outlook reflects the potential for an upgrade if Academy consistently performs during an uncertain economy while sustaining low S&P Global Ratings-adjusted leverage of about 1x.

Giant Group Acquires Minority Stake In Stages Cycling

Giant Group, headquartered in Portland, OR, acquired a 32.5 percent stake in Stages Cycling, a maker of stationary smart bikes for the commercial gym and home markets and crankarm-based power meters.

Hurley x Nascar Partner On Apparel Line

Hurley and Nascar collaborated on a collection of men’s and women’s beach and surf apparel. Two racing-themed product lines will drop during this year’s Nascar 75th anniversary season.

JD Sports Reports Cyber Security Issue Includes Customer Data Access

JD Sports Fashion Plc, the parent company for Finish Line, Shoe Palace and DTLR, among others, has been the target of a cyber incident that resulted in unauthorized access to a system that contained customer data relating to online orders placed between November 2018 and October 2020.