NRF: Consumer Spending Not Unraveling; Retail Sales Growth to Continue in 2025
EXEC: Sportsman’s Warehouse Shares Surge as Analysts Buy into Progress
Marathon Sports Acquires Fleet Feet Maine Running
EXEC: On Holdings to Transition Leadership as Co-CEO Marc Mauer Plans Exit
EXEC: Lululemon Shares Fall as Analysts React Strongly to Weak 2025 Outlook
SGB Update
The Bay Club Expands PNW Presence with Seattle Area Acquisition
With its Pacific Northwest Region now featuring four clubs, the company is on track to exceed 50 clubs and over 200,000 members by the end of 2025.
Massimo Motor New Online Sales Platform Benefits Customers and Dealers
The U.S. manufacturer and distributor of powersports vehicles and products for the outdoor enthusiast, launched a new online sales platform, expanding its national sales channels and enhancing customer convenience.
Duluth Trading Welcomes Stephanie Pugliese Back as President and CEO
Pugliese replaces outgoing CEO Sam Soto, who announced last week he was leaving the business. She first joined Duluth Trading in November 2008 as VP of product and merchandising, and was promoted continuosly until assuming the CEO role in 2015, a role she served in until 2019.
Jetset Pilates Adds Four New Hires to Expand Leadership Team
New hires include Alex Lyons as VP of product and talent, Christa Dellebovi as director of new studio openings and business management, Uri Kenig as head of franchise operations and Ricardo Quesada as VP of marketing.
Simms Fishing Launches Resale Program for Pre-Owned Gear
Launching first as a peer-to-peer (P2P) marketplace, Simms Recast allows the broader angling community to buy and sell pre-owned Simms gear direct with one another.
SGB Executive
EXEC: Intersport Posts Tepid 2024 Omni-Channel Sales Growth to €14.0 Bn
Despite a challenging business landscape, Intersport saw particularly positive 2024 growth in its French, Italian and Swiss markets, as well as an upward trend in several specific categories, including Sportstyle, Football and Running.
EXEC: Sportsman’s Warehouse Shares Surge as Analysts Buy into Progress
Fishing led all categories for Q4 comp growth, following by Camping. Hunting and Shooting Sports comped down, but outpaced NICS trends. The retailer is estimating fiscal 2025 net sales to be in the range of negative 1 percent to up 3.5 percent over 2024.
EXEC: On Holdings to Transition Leadership as Co-CEO Marc Mauer Plans Exit
The company is transitioning to a single CEO structure, with current Co-CEO and CFO Martin Hoffmann assuming the role of CEO. The company has also appointed four key senior leaders to further strengthen the existing team.
EXEC: Puma Set to Open First European Flagship Store in London in Fall 2025
The store opening is part of Puma’s brand elevation strategy to strengthen its presence globally, delivering “a shopping experience that reflects the brand’s innovation, sports performance and deep connection to global street culture.”
EXEC: BRP Inc. Divests More Marine Assets, Selling Quintrex, Stacer and Savage Brands
The parent of the Ski-Doo and Lynx powersports brands has entered into a definitive agreement to sell 100 percent of the outstanding shares of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.
