SGB Media Online | Active Lifestyle Market B2B Information
SGB Executive. Vuori Nets $5.5B Valuation, $825M Investment in Latest Financing Round. November 8, 2024. The $825 million investment, led by General Atlantic and Stripes, along with a cohort of additional investors, is structured as a secondary tender offer, and raises the activewear’s brand’s valuation to $5.5 billion.
Bangers LP Rebranded To Iron Valley Supply Co. - SGB Online
July 15, 2021. SGB Update. Bangers L.P. announced it had rebranded as Iron Valley Supply Co. reflecting the distributor of shooting sports products and outdoor recreational sporting goods’ nearly 100-year heritage as a wholesale distributor in the Iron Valley region of Alabama. “We are very pleased to announce our new name, Iron Valley ...
New Balance CEO Eyes Strong Bounce Back In 2021
2021年11月15日 · New Balance CEO Eyes Strong Bounce Back In 2021. November 15, 2021. SGB Executive. by Thomas J. Ryan. At SFIA’s Trends & Insights conference, Joe Preston, New Balance CEO and president, said his company’s sales are on a path to climb “about 30 percent this year” and move past 2019 levels as it strongly recovers from the pandemic.
Nike CEO: Product And Business Innovation Driving Growth
Jim Duffy of Stifel lauded how the company’s “new innovation platforms reportedly drove more than 100 percent of incremental growth (versus “nearly” 100 percent of incremental growth for FY19),” including such innovative launches as the Joyride plus the React and Air Max platforms. And Jonathan Komp of Baird noted that Nike ...
Thompson/Center Arms Acquired by Former Owner - SGB Online
2024年4月30日 · Thompson/Center Arms, the U.S. manufacturer of products catering to hunters, shooters and outdoor enthusiasts since 1967, continues to build on its legacy with the acquisition led by Gregg Ritz, who brings a wealth of experience and knowledge that has come full circle. As the former owner of Thompson/Center Arms, a seasoned media and manufacturing entrepreneur and television host of the Hunt ...
Fromuth Racquet Sports Acquires Tennis-Point - SGB Online
June 14, 2024. SGB Update. Online retailer Tennis-Point, formerly owned by Signa Sports United, was acquired by Fromuth Racquet Sports. Tennis-Point was formerly Midwest Sports, owned and operated by Greg and Lisa Wolf for over 30 years before being acquired by Signa Sports United in 2021 and changed the company’s name.
Champion’s Four Growth Drivers To Reach $3 Billion
2021年6月1日 · At the event, Hanesbrands revealed a plan for Champion to become a $3 billion global brand by 2024, representing a 14 percent compound annual growth rate (CAGR) from projected 2021 sales of approximately $2 billion. At the event, Ram highlighted the four growth drivers: Forge deeper connections with consumers, Create compelling products, Focus ...
Trevco Acquires Women’s Apparel Brand Sub Urban Riot
August 17, 2021. SGB Update. Trevco announced its acquisition of Los Angeles-based women’s fashion brand, Sub Urban Riot. The terms of the agreement were not disclosed. “The women’s fashion space has been long underserved in the print on demand market, especially across entertainment, music, pop culture, and sports.
CheaperThanDirt Acquired by 2A Group | SGB Media Online
2024年10月2日 · 2A Group, LLC announced that, through subsidiaries, it has acquired the e-commerce brand CheaperThanDirt.com and the ammunition and shooting accessory inventory that the Group will continue to be sold on its website. Based in Fort Worth, TX, the CheaperThanDirt.com brand offers a wide range of ammunition, shooting accessories, and …
Beachbody to Cut 33 Percent of Staff in New Omni-Channel …
2024年10月1日 · Beachbody to Cut 33 Percent of Staff in New Omni-Channel Business Model. October 1, 2024. SGB Update. The Beachbody Company, Inc. (Bodi) said it is evolving its core business model with an omni-channel sales channel approach that will streamline operations and better position the company for future profitable growth.