Candy Digital Hires Chief Marketing Officer
Candy Digital, Fanetics’ nonfungible token (NFT) company, has hired former Instagram executive, Andre Llewellyn, as chief marketing officer.
Rise Armament Appoints Online Marketing Manager
Rise Armament, a manufacturer and supplier of triggers, components, and firearms, appointed Brock Norman as the company’s online marketing manager.
Primary Arms Optics Names Director Of Product Marketing
Primary Arms Optics announced the hiring of Stephen Morgan as the new Director of Product Marketing for all Primary Arms Optics products.
CVC, HPS To Buy Stake In Authentic Brands At $12.7BN Valuation
Authentic Brands Group (ABG) is shelving its planned initial public offering and instead plans to sell significant equity stakes in its business to private equity firm CVC Capital, hedge fund HPS Investment Partners and a pool of existing stakeholders. The transaction values the company at $12.7 billion in enterprise value.
72 Million Americans Plan To Go RVing In The Next Year
The popularity of RVing is showing no sign of slowing down with a new survey from RV Industry Association revealing that 72 million Americans plan on taking an RV trip in the next year in an RV they rent, own, or borrow.
Cotopaxi To Open Stores In Denver And San Francisco
Cotopaxi announced plans to open two new brick-and-mortar retail stores. The new locations in Denver and San Francisco will add to Cotopaxi’s current roster of five store locations.
Pro Image Sports Opens In Syracuse
Pro Image Sports, the largest franchiser of licensed sports merchandise, opened a 4,000 square-foot store at Destiny USA in Syracuse.
Bass Pro-Parent Partners With Toyota Motor Credit
Great American Outdoors LLC, the parent company of Bass Pro Shops, Cabela’s and the White River Marine Group has reached an agreement to expand Toyota Motor Credit Corporation’s (TMCC) relationship with Bass Pro Shops and Cabela’s to include offering financial services for the company’s boats, all-terrain vehicle products and other mobility products.
Tennis Warehouse Becomes Official Footwear, Apparel Supplier To USPTA
USPTA announced a multi-year endorsement with Tennis Warehouse as the “Official Footwear and Apparel Supplier” of the USPTA starting December 1, 2021.
Oprah Winfrey, Reese Witherspoon Invest In Spanx
Oprah Winfrey, Reese Witherspoon and Bumble Inc. founder Whitney Wolfe Herd have joined funds manager Blackstone in investing in Spanx, Inc. The investment values the women’s shapewear brand at $1.2 billion.
StockX Acquires Inventory Management Tool, Scout
StockX has acquired the inventory management specialist, Scout. The sneaker resale platform’s first acquisition is expected to further streamline the selling experience on StockX and help customers grow and scale their operations.
Kitzuma Cycling Logistics Adds LeMond, Alchemy And Eminent
Kitzuma Cycling Logistics is adding three more bike manufacturers to the growing list of brands employing their bike-delivery service: LeMond Bicycles, Alchemy Bikes and Eminent Cycles.
Tilly’s Declares Special Dividend
Tilly’s Inc. announced that its Board of Directors has declared a special cash dividend of $1.00 per share, or approximately $31 million in the aggregate, on the company’s outstanding Class A and Class B common stock.
Inside The Call: Famous Footwear Delivers Highest Quarterly Sales Ever
Caleres said Famous Footwear generated third-quarter sales of $495 million, a nearly 11 percent improvement over the third quarter of 2019 and the highest level of quarterly sales in the history of the brand despite supply chain constraints. Diane Sullivan, chairman and CEO at Caleres, said, “What was really a powerful driver was having the right level of inventory behind the key brands and styles.”
GU Energy Labs Announces Leadership Change
GU Energy Labs has promoted Magdalena Boulet to President.
