SGB Update

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.

AGM Hires Director Of Brand Development

AGM Global Vision, a manufacturer and importer of advanced thermal imaging and night vision systems, announced it hired Chase Stephens as director of brand development.

Camping World Acquires Anthem RV In Arizona

Camping World Holdings, Inc. announced an agreement to acquire the operating dealership Anthem RV located in New River, AZ, as well as a new site to be built in Surprise, AZ, both of which will serve the greater Phoenix area.

Zalando Acquires Highsnobiety

German fashion and beauty e-tailer Zalando is acquiring a majority stake in Highsnobiety, the streetwear news and e-commerce site.

RapalaVMC Appoints Product Manager

RapalaVMC said Kyle Wood has joined the fishing tackle company as product manager. He was formerly senior manager of digital production at Major League Fishing (MLF).

Oberalp Group Makes Hires And Promotions

The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country and Evolv, has hired Phil Hoffman as sales manager, appointed Mike Sohasky as key account sales manager, and promoted Steve Goddard, Michael Casarrubia, and Eric Poore to new roles within the company.