SGB Update

Retail Groups Applaud Uyghur Forced Labor Prevention Act

In a joint statement, the American Apparel & Footwear Association, National Retail Federation, Retail Industry Leaders Association and The United States Fashion Industry Association applauded the implementation of the Uyghur Forced Labor Prevention Act. 

Fanatics CEO Selling Ownership Stake In Philadelphia 76ers, New Jersey Devils

Fanatics CEO Michael Rubin announced plans to sell his 10 percent stake in  Harris Blitzer Sports & Entertainment (HBSE), the parent company that owns the Philadelphia 76ers and New Jersey Devils. He cited a conflict of interest with Fanatics’ collectibles and planned sports betting operations.

KT Tape Names CEO

KT Tape announced that after a national executive search, the company’s board of directors has appointed Jessica Klodnicki as its new chief executive officer. Her past roles include stints at Skullcandy, Vista Outdoor and Mizuno.

EBay Acquires NFT Marketplace, KnownOrigin

EBay, Inc. has acquired KnownOrigin, the non-fungible token (NFT) marketplace. The company said the acquisition is an important step in its “tech-led reimagination.”

Iowa’s Uptown Sporting Goods To Close

Uptown Sporting Goods in Carroll, IA is closing later this summer as its owners plan to retire, according to a report from Carroll Times Herald.

F45 Launches Corporate Partnership Program

F45 Training Holdings, Inc. announced the formal launch of its corporate partnership program. Through this program, companies can open an F45 studio inside their offices to offer F45 classes to their employees.

PeopleForBikes Ranks Best Places to Bike In The U.S.

For the sixth consecutive year, PeopleForBikes, in partnership with Trek Bicycle, published its ranking of the best cities in the U.S. to cycle. Of the 1,058 cities ranked, the top three for 2022 are Provincetown, MA; Davis, CA; and Fayette, MO.

Gymshark Appoints Marketing VP

Gymshark announced the appointment of Carly O’Brien to VP of marketing. She reports to Niran Chana, Gymshark’s president, International.

Amazon Appoints New CEO Of Retail Business

Amazon.com, Inc. has named longtime executive Doug Herrington as CEO of its worldwide Amazon store business, formerly Consumer, succeeding Dave Clark, who recently stepped down.