SGB Update

KOA Makes New Hires To Executive Team

Kampgrounds of America, Inc. hired Eric Rathburn as vice president of real estate development of the Owned and Operated Assets of KOA and Emily Cross as in-house legal counsel.

Nike Once Again Tops Piper Sandler’s Teen Survey

Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandler’s 44th Semi-Annual Generation Z survey.  Lululemon, Converse, Crocs, and Hey Dude also gained traction.

Creedmoor Sports Acquires Property For Long-Term Growth

Creedmoor Sports, the manufacturer of precision shooting equipment, completed the purchase of four acres adjacent to its current facility in Anniston, AL, to support its growth objectives and future facility expansion.

Eagle Creek Partners For Canadian Distribution

Eagle Creek partnered with In-Sport Fashions for nationwide product distribution in Canada to offer consumers wider product availability and improved customer support.

HanesBrands Partners With University Of California, Berkeley

HanesBrands announced a new primary apparel partnership with the University of California, Berkeley. The ten-year agreement gives HBI exclusive rights to design, manufacture and distribute fanwear across mass and campus/local channels.

PXG Opens Store In Boston

PXG, the sports equipment manufacturer that sells a line of custom-fitted golf equipment products and accessories, opened its first brick-and-mortar store in Framingham, MA, located West of downtown Boston.

President & CEO Of JLL’s Americas Retail Business To Retire

JLL announced that Greg Maloney is retiring effective December 31, 2022. Kristin Mueller, a longtime partner and the current COO of JLL’s Property Management, will replace Maloney as president of the company’s Retail Property Management business.

Adobe Predicts Modest Online Gain In Holiday Sales

Adobe expects U.S. online holiday sales to reach $209.7 billion from November 1 to December 31, representing a 2.5 percent growth year-over-year. During the 2021 holiday shopping season, $204.5 billion was spent online, growing 8.6 percent YoY, with consumers uncertain about returning to physical stores due to lingering pandemic concerns.

Bollé Brands Announces Sale Of Cébé

Bollé Brands Group announced that D.MO/RACER have agreed to purchase Cébé, the manufacturer of performance sunglasses, ski goggles and ski helmets.