SGB Update

Callaway Golf Adds Board Member

Callaway Golf Company announced that it has appointed Varsha Rao to its Board of Directors, which increases its members from thirteen to fourteen.

Caleres’ Sales Expand 19 Percent In Fourth Quarter

Caleres reported significantly improved earnings in the fourth quarter as sales grew 19 percent. The parent of Famous Footwear achieved all-time record operating earnings and operating margins for the year.

GOA President Rich Hill To Depart Position in April

Grassroots Outdoor Alliance announced the departure of president Rich Hill, who gave the news to staff ahead of its annual board of directors retreat earlier this month stating he would leave his role in late April.

Carlyle Agrees To Acquire Dainese Group

Global Investment firm Carlyle announced that it has agreed to acquire Dainese Group, the maker of protective equipment for motorcycling and extreme sports, from Investcorp and Lino Dainese. Cristiano Silei will remain as CEO of the company.

RYU Apparel Secures U.S. Wholesale Representation

RYU Apparel, Inc., based in Vancouver, announced that Caraway & Company will act as its exclusive wholesale representative across the U.S., promoting and wholesaling RYU products to retailers nationwide.

Yue Yuen’s Sales Fall In February

Yue Yuen reported consolidated operating revenue in February fell 14.1 percent to $648.6 million from $755.4 million a year ago.

Cocona Labs Names President

Cocona Labs, the maker of temperature-regulating 37.5 Technology, announced the appointment of Blair Kanis as president, Cocona Labs. Kanis assumes the role, having worked as general counsel and director of sustainability for Cocona Labs since 2020.

Vail Resorts Sees Improving Trend In Skier Visits

Vail Resorts, Inc. said season-to-date through March 6, 2022, total skier visits were up 11.7 percent compared to the prior year’s season-to-date period and up 2.8 percent compared to the fiscal year 2020 season-to-date period. Kirsten Lynch, CEO, said, “company performance has continued to improve throughout the post-Christmas period, with particular strength in destination visitation and lift ticket sales.”