SGB Update

Kizik Opens Two New Retail Locations

Hands-free footwear brand opens new store in Mall of America and King of Prussia as part of its brick-and-mortar retail expansion strategy.

NBDA E-Bike Survey Reveals Leading Brands, Services and Systems

With the ebike category experiencing unprecedented growth, the trade association of independent bicycle dealers said feedback gathered from over 552 bicycle retailers across North America provided invaluable insights into supplier performance and retailer satisfaction.

Rally House Opens Second Storefront in Wisconsin

Rally House expands its presence in Wisconsin to two storefronts after opening Rally House Outlets at The Dells in Baraboo on May 17. Last October, Rally House opened its House Mayfair Collection in Wauwatosa, WI.

Fidlock USA Continues Growth

As part of the company’s growth plan, Fidlock diversified into new product categories, positioning it for expanded U.S. market reach and increased sales representation in the Southeast, Mid-Atlantic and Northeast regions.

Patagonia Prevails in Nordstrom Lawsuit

The suit alleged that Nordstrom sold “thousands of counterfeit Patagonia sweatshirts and t-shirts” through its Nordstrom Rack stores, in the complaint filed in the U.S. District Court for the Central District of California.

Ammo Inc. Announces Preferred Stock Dividend

Holders of record of the company’s 8.75 percent Series A Cumulative Redeemable Perpetual Preferred Stock as of the close of business on May 31, 2024 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.

Ex-Nike DEI Boss Sentenced to 5 Years for Fraud 

Barbara Furlow-Smiles stole over $5 million from Nike and Facebook as a DEI manager. Her excessive greed got her a sentence of five years and three months in Federal prison this week.