Powdr Names President Of Woodward
Powdr announced that Chris Gunnarson is president of Woodward, which includes Woodward PA, Woodward Copper in Colorado, Woodward Tahoe, and Woodward West in California. The position was created to unify the Woodward brand.
NFW Closes $85 Million In Series B Funding Round
Natural Fiber Welding, Inc. (NFW) announced it has closed an $85 million funding round to scale production of its all-natural, circular materials products coming to market with a wide array of global brand partners. Evolution VC Partners led the round.
A Shoc Energy Raises $29 Million In Funding
A Shoc Energy announced a $29 million Series B funding round led by investments from existing investors, strategic participants, athletes, and celebrities.
Clarus Corporation Announces Upsized $425 Million Credit Agreement
Clarus Corp. announced that it has amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank, N.A. and Bank of America, N.A.
Crocs Appoints VP And Global Head Of Sustainability
Crocs, Inc. announced that Deanna Bratter joined the business as vice president, global head of sustainability in a newly created role.
Xponential Fitness Launches On-Demand Platform
Xponential Fitness, Inc., digital platform, Xponential+ (“XPLUS”) has officially launched, offering live and on-demand access to its studio locations. Xponential’s brands include Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, AKT, Stride, Rumble, and BFT.
Boardriders Announces Retirement Of Shannan North
Boardriders, Inc. announced that Shannan North, president of commercial strategy and growth and chief brand officer, plans to retire.
Rally House To Open Stores In South Bend
After opening three stores in Indianapolis in 2021, Rally House plans to open Rally House Erskine Village and Rally House University Crossings in the South Bend market.
Nike Appoints Twitter Exec To VP Of Digital Design
Nike, Inc. has hired Dantley Davis, former chief designer officer at Twitter, as VP of digital design.
Industrial Revolution Bolsters Leadership Team
Industrial Revolution announced it hired Jeffrey King and Chris Teeuwen. King as vice president of finance, will lead planning processes and accounting operations. Teeuwen, as vice president of operations, will streamline the companay’s business processes.
NRF Calls For Visa And Mastercard To Cancel Swipe Fee Increases
The National Retail Federation urged Visa and Mastercard to cancel credit card swipe fee increases scheduled to take effect this month, citing a letter from both Republican and Democratic members of Congress saying higher fees would add to inflation.
Champs Sports Opens Homefield Concept In Pembroke Pines
Champs Sports, part of Foot Locker, Inc., will open the brand’s retail concept store, Champs Sports Homefield, in Pembroke Pines, FL, on April 23. The largest of all Foot Locker, Inc. subsidiaries worldwide totals more than 35,000 square feet.
Pure Fishing Expands Loan Commitments To Support Svendsen Acquisition
Pure Fishing upsized its ABL revolver commitment to $250 million, issued an incremental $100 million first-lien term loan and a $25 million second-lien term loan, and used the proceeds to purchase Svendsen Sport A/S, a European provider of fishing equipment and consumables.
Gregory Appoints General Manager
Gregory promoted John Sears to general manager overseeing global brand strategy and growth.
Rally House To Open In Omaha And Columbus
Rally House announced plans to open new stores in Omaha, NE and Columbus, OH.
