SGB Update

Powder Valley Names Director Of Marketing

Powder Valley, a supplier of reloading components, ammunition and accessories, based in Winfield, KS, hired Jon Hardin as director of marketing.

C-A-L Ranch Stores To Merge With Coastal Farm & Home

C-A-L Ranch Stores, the farm and ranch retailer with 33 locations across Idaho, Utah, Nevada, and Arizona, entered into a merger agreement with Coastal Farm & Home, a ranch and country lifestyle retailer with 21 locations in the Pacific Northwest.

Tilly’s Chief Merchant To Exit

Tilly’s, Inc. said in a regulatory filing that Robert Goodwin, its SVP and general merchandise manager, plans to resign from his role on January 27 to pursue another opportunity.

Farfetch Sets Leadership Changes

Farfetch reported chief brand officer, Holli Rogers, and chief growth officer, Martin Avetisyan, are leaving the company to pursue other opportunities. The online luxury platform also reported it added three new hires.

Authentic Brands Group Hires CFO

Authentic Brands Group named Jessica Holscott as chief financial officer. She succeeds Kevin Clarke, founding partner, who has taken a new role as executive vice chairman.

NRF: Holiday Sales Climb 5.3 Percent, Just Below Forecast

Retail sales during the November/December 2022 holiday season grew 5.3 percent over 2021 to $936.3 billion, falling short of the National Retail Federation’s (NRF) forecast amid continuing inflation and high-interest rates.

Wahoo Fitness’ Debt Ratings Lowered On Potential Default

S&P Global Ratings lowered its debt ratings on Wahoo Fitness Acquisition, LLC on its expectation that the U.S.-based fitness technology company would pursue a debt restructuring or distressed exchange over the next six months due to a liquidity shortfall.