SGB Update

Ironman Group Promotes Michelle Pepper to Managing Director of Oceania

In her new role, Pepper will be responsible for overseeing all aspects of the Oceania business for The Ironman Group, leading the four Oceania offices, Melbourne, Sydney and Noosa in Australia and Auckland in New Zealand, and the more than 80 full-time employees.

Gildan Activewear’s Q2 Sales Improve 3 Percent On Activewear Boost

Gildan Activewear, Inc. reported sales rose 3 percent in the second quarter as 6 percent growth in its activewear segment offset declines in hosiery and underwear due to the phase-out of its sock license with Under Armour. Adjusted diluted EPS rose 17 percent year-over-year.

Kontoor Brands Raises EPS Guidance On Q2 Beat

Kontoor Brands reported sales dipped 1 percent in the second quarter but adjusted earnings grew 27 percent to top expectations, prompting the parent of Wrangler and Lee to lift its EPS outlook for the year.

Life Time Promotes Erik Weaver to EVP and Chief Financial Officer

Weaver joined Life Time in 2004 and has served in increasing roles of responsibility, including as the company’s assistant controller from 2016 to 2018, as VP and controller from 2018 to April 2022, as senior vice president and controller, and as principal accounting officer, since April 2022. 

EXEC: Sportscape Executes Debt Refinancing

Houlihan Lokey served as the exclusive financing advisor to arrange, structure, and negotiate the debt raise for Sportscape, which closed on 23 July 2024.