SGB Update

Nike Concept Store Opens In Hong Kong

UAE retailer GMG announced the opening of a new Nike concept store in Hong Kong. The store is located in the East Point City shopping mall in the Hang Tau district.

Mountainsmith Expands With Three New Hires

Mountainsmith, the Colorado-based gear manufacturer specializing in hiking and camping, announced it appointed Kipp Godfrey as a sales and service rep, Lora Buboltz as an e-commerce marketplace manager and Nirveek Shah as a graphic designer.

Hypebeast To Open New York Flagship

Hypebeast will unveil its first-ever U.S. flagship building in the heart of Manhattan’s Chinatown on 41 Division Street this week.

Yamaha U.S. Marine Business Appoints General Manager, Marine Service

Yamaha U.S. Marine Business Unit announced the appointment of Joe Maniscalco to general manager, Marine Service. In his new position, Maniscalco will oversee marine service training and support for Yamaha outboards and systems as well as Yamaha WaterCraft products.

Mastercard SpendingPulse Forecasts 7.5 Percent Growth For U.S. Back-To-School Sales

Mastercard SpendingPulse forecasted that U.S. retail sales would grow 7.5 percent year-over-year from mid-July through the Labor Day back-to-school buying period. It anticipates that sales will be up 18.3 percent compared to the pre-pandemic 2019 selling season, with department stores a noteworthy winner as the retail sector continues its recent rebound.

Tecovas Appoints CEO

Tecovas, an Austin, TX-based Western footwear, apparel and accessories brand, announced that David Lafitte is joining the company as CEO effective June 27. Lafitte is currently the chief operating officer for Deckers Brands.

Swag Golf Opens Store At Wrigley Field

Swag Golf, the limited-edition golf accessory, equipment and apparel company, opened its first retail location, Cubs Golf by Swag, outside of Wrigley Field, home of the Chicago Cubs.