SGB Update

Compass Diversified Joins Russell 2000 And 3000 Indexes

Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.

Genesco Appoints Board Member

Genesco, Inc. announced that the independent directors of the Genesco Board unanimously selected Gregory A. Sandfort as its lead independent director, effective June 23, 2022. 

BSN Sports To Acquire Eastbay Team Sales Business

BSN Sports announced that it has entered into an agreement to acquire substantially all of the assets of the Eastbay Team Sales business from Foot Locker Retail, Inc., a subsidiary of Foot Locker.

Lids To Open Next To NBA Store In Manhattan

Lids will open a store at 545 Fifth Avenue in New York City, next to the National Basketball Association (NBA) store, which Lids manages on behalf of the NBA.

Employees At REI’s Berkeley, CA Store Seek To Unionize

Employees working at REI’s Berkeley, CA store have asked the outdoor retailer to recognize their intent to form a union, according to Berkleyside.org; this comes after employees working at REI’s Manhattan store in March voted to create the first union at the co-op.