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Consortium Brands Appoints Mike Jacobs as Chief Growth Officer & Operating Partner
NEW YORK, August 20, 2025--(BUSINESS WIRE)--Consortium Brand Partners, a leading consumer-focused fund manager, accelerating the growth of iconic and emerging consumer brands, announced today the appointment of Mike Jacobs as Chief Growth Officer & Operating Partner. In this pivotal role, Jacobs will spearhead growth initiatives across Consortium's portfolio, including beloved brands such as Draper James, Jonathan Adler, and Outdoor Voices, as well as future strategic acquisitions. Jacobs joins Consortium Brands with a track record of delivering transformative growth at some of the world's most recognized consumer brands, including Etsy, Netflix, Depop, Yahoo!, and Upside. Throughout his career, he has led brand, growth, and performance marketing efforts that have generated over 100 million new customers. "Consortium is building the next generation of powerhouse consumer brands, and Mike's appointment as Chief Growth Officer & Operating Partner signals our commitment to scaling each of our portfolio companies to their fullest potential," said Jonathan Greller, Co-Founder and President of Consortium Brand Partners. "Mike's expertise in brand building, data-driven marketing, and full-funnel growth strategy makes him uniquely qualified to unlock new levels of success for our brands and position Consortium as the partner of choice for high-growth consumer companies." Jacobs will be responsible for driving comprehensive growth strategies across Consortium's portfolio, optimizing brand, performance, and digital investments while helping each brand scale sustainably. He will also play a key role in supporting future acquisitions and integrations, ensuring that new additions to the Consortium portfolio benefit from best-in-class growth acceleration. "Consortium Brands is assembling an incredible roster of brands with passionate followings and massive potential," said Jacobs. "I'm excited to partner with these visionary founders and management teams to help each brand achieve its next level of growth while building a world-class platform that attracts the best brands in the industry." With its expanding portfolio and a proven model of operational excellence, Consortium Brands is redefining what it means to be a growth partner for consumer brands, providing the resources, expertise, and strategic support that unlock exponential value. About Consortium Brand Partners ("CBP"): Consortium Brand Partners is a visionary growth fund manager dedicated to acquiring and amplifying high-potential brands known for great products rooted in a strong ethos and powerful story. Built by business leaders who leverage deep category and operational insight with years of experience investing in and managing some of the strongest global brands and diverse teams across various consumer sectors. Backed by strategic and institutional limited partners, the firm partners with successful brands to unlock value and scale through consumer engagement, category growth, and global expansion. For more information, visit View source version on Contacts info@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Why Dycom (DY) Shares Are Falling Today
What Happened? Shares of telecommunications company Dycom (NYSE:DY) fell 8.5% in the afternoon session after the company reported mixed second-quarter 2025 results where revenues and forward guidance fell short of market expectations. The telecommunications infrastructure company posted second-quarter contract revenues of $1.38 billion. While this represented a 14.5% increase compared to the same period last year, it fell short of analyst estimates of $1.41 billion. Despite the revenue miss, Dycom delivered strong profitability. Its adjusted EBITDA of $205.5 million beat the consensus estimate of $191.9 million, and its earnings per share of $3.33 was a notable increase from $2.32 in the prior-year quarter. However, the company's revenue guidance for the upcoming third quarter of $1.41 billion also underwhelmed investors, coming in below Wall Street's forecast of $1.46 billion, overshadowing the profit beat. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Dycom? Access our full analysis report here, it's free. What Is The Market Telling Us Dycom's shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 29 days ago when the stock dropped 3.4% as investors appeared to take profits after the stock reached a new all-time high in the previous trading session. The specialty contracting services company had reached a new 52-week and all-time high the previous day, trading as high as $260.84. The stock's move lower on Tuesday came amid a broader market retreat, as major indices like the S&P 500 and Nasdaq pulled back from their own record highs in early trading. The decline for Dycom followed a significant run-up in its share price, which had gained over 47% year-to-date as of Monday's close, supported by strong quarterly results in May and a series of positive analyst ratings. Dycom is up 41.7% since the beginning of the year, but at $250.46 per share, it is still trading 10.5% below its 52-week high of $279.99 from August 2025. Investors who bought $1,000 worth of Dycom's shares 5 years ago would now be looking at an investment worth $5,397. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Temple University and Follett Higher Education to Celebrate Grand Opening of State-of-the-Art Campus Bookstore at Paley Hall
PHILADELPHIA, Aug. 20, 2025 /PRNewswire/ -- Temple University and Follett Higher Education, the largest campus retailer in North America, will soon celebrate the grand opening of an improved campus bookstore housed within the newly opened, LEED-certified Paley Hall. The revamped and relocated campus bookstore is designed to bring best-in-class services, products, and academic support to Temple students and faculty. "This is a tremendous moment for the entire Temple University community, and Follett is honored to be part of this newly envisioned Paley Hall," said Emmanuel Kolady, CEO of Follett Higher Education. "Spanning two floors and featuring a state-of-the-art event space, the new and improved Temple University Bookstore has been reimagined as a destination for learning, collaboration, and fun. We're excited to bring innovative product offerings, an expanded selection of Nike apparel and merchandise, and an assortment of local businesses and Philadelphia-centric products to excite and delight students, faculty, alums, and local friends and family." The new Temple University Bookstore at Paley Hall opened to the public on August 18, 2025. Paley Hall was designed by PZS Architects and S/L/A/M, with Rycon Construction leading the build. In addition to the 26,000 square foot campus bookstore, the 306,000-square-foot facility offers learning and collaboration spaces, training and simulation centers, meeting and study rooms, café areas, an expanded Social Service Annex for students, and faculty and administration offices. Paley Hall is LEED certified for sustainable design and operation and is the first on Temple's campus to request WELL certification for features that improve occupants' wellness, such as ventilation, light, fitness and comfort. "With its upgraded location and broader selection, this store is designed to be more than a retail space, it's a vibrant new space that will be a hub for connection and community," said Jonathan Reiter, Senior Associate Vice President of Business Affairs and Administration for Temple University. "We knew when we made the transition a year ago that the bookstore would eventually move to the new space. The Follett team has done an amazing job during this huge transition. Even more importantly, they are out there building relationships with the Temple community every day." With over 150 years of experience in the education industry, Follett is trusted by more than 1,000 campuses across the U.S and Canada to help drive student success and celebrate each school's unique brand. As the latest to join the Follett network, Temple University will benefit from Follett's industry perspective and expertise, giving the entire campus community a cohesive and engaging campus retail experience that truly reflects the Owl spirit. "Follett creates impressive retail spaces that exude campus pride, excitement, connection, and achievement– and that's precisely what the Temple campus community will experience at the Temple University Bookstore," says Emmanuel Kolady, Follett Chief Executive Officer. "We look forward to supporting the vibrant Temple community and enhancing the overall student experience." Follett's partnership brings an expanded assortment of merchandise, technology, and innovative solutions to the Temple community. Plans to feature products from local artists and special collections are in the works. Visitors can enter the new two-story space inside Paley Hall from 13th Street and take the stairs down one level to shop the expanded selection. For details on the full breadth of the new campus store products and flexible services, visit About the Temple University Bookstore | The Temple University Bookstore is solely devoted to serving the Temple community – offering products and services to Temple students and the local Philadelphia community both in-store and online via The Temple University Bookstore is located at 1210 Polett Walk in Paley Hall. Stop in today to meet your campus store manager, Meghan Messner. About Follett Higher Education | Higher Education is a leading educational service provider and omnichannel retailer providing students, faculty and staff, parents, and fans the course materials, learning tools and retail services needed to successfully support the academic, athletic, and collegiate journey. Follett Higher Education supports over 7.5 million students through its 1,000+ physical and online collegiate retail stores across North America. View original content to download multimedia: SOURCE Follett Higher Education Group LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
