SGB Update

TeamSnap Appoints New CFO and SVP Marketing

Steven Neel has been hired as chief financial officer and Scott Engelman has been added as SVP of marketing of the provider of youth sports management software.

Nordstrom to Open Two New Rack Stores in Florida

Nordstrom plans to will open two new Nordstrom Rack stores in Melbourne (24,000 square feet) and Sarasota (27,000 square feet) Florida, in fall 2025 and spring 2026, respectively.

Nike Ordered to Pay Legal Fees in Trademark Dispute

The U.S. District Court for the Eastern District of Pennsylvania has ordered Nike to pay millions in attorney’s fees to Lontex Corporation for its “reckless infringement” of the small Pennsylvania businesses “Cool Compression” trademark.

Zamberlan Hires North American Sales Manager

The Italian outdoor footwear brand hired Bill Johnson, formerly at Zappos.com, as North American sales manager. He spent the last 19 years as the Outdoor Footwear Buyer at Zappos.com

Ottolock Forms U.S. Distribution Partnership with BTI

The new U.S. distribution partnership with with Bicycle Technologies International comes as Ottolock recently added new products to its mobile security offering to pair with its original cinch lock.