Decathlon is closing its five stores in the Greater Toronto area this summer. The retailer provided no reason for the closures, but the French sporting goods chain stated in a media release that it had recently launched same-day delivery and is considering opening smaller store formats or adopting a wholesale distribution model to serve the region.
Chairman and CEO of TWG Global, Walter reached an agreement with the Buss Family Trust to acquire a majority stake in the NBA’s Los Angeles Lakers. The sale is expected to close in the third or fourth quarter of 2025.
The Memphis location, opening July 24, is the first of two planned store openings in Tennessee for Primark, with a second store set to open in the Cool Springs Galleria in Franklin, TN. The opening marks the retailer’s 31st U.S. store, now spanning 13 states.
Hanna brings over 12 years of experience in advanced materials and textiles, most recently as director of Innegra sales at Quantum Materials, LLC, and previously as president of Innegra Technologies.
Most recently, Streiff served for over eight years as VP of Sales and Marketing at Proof Research and was national accounts sales manager at Leupold & Stevens for nearly five years after getting her industry start at Cabela’s.
From detailed ball flight tracking to green simulations, the integration of both companies “ensures every shot from tee to green feels like traditional on-course golf.
The maker of motorhomes and towables reported a loss in the first quarter due to an 18.0 percent decline in sales, as the company was unable to offset revenue and margin declines in its RV segments by gains in its Marine segment, led by the Barletta and Chris-Craft brands.
The Wilson Family Companies, LLC, led by Founder and CEO Bill Wilson, also owns Chip McCormick Custom, Circle WC Ranch, Khumba Bush Camp, Scattergun Technologies, Wilson Custom Ammunition, and Wilson Combat.
According to PwC’s 2025 Back-to-School Survey of nearly 1,200 parents, over one in three parents anticipate spending more than the amount they spent last year. For surveyed respondents who plan to cut back on shopping for back-to-school items this year, technology and clothing were cited as top categories for reducing spend.
Jørgen Vig Knudstorp, former president and chief executive officer of the Lego Group from 2004 to 2016 and current deputy chair of the Lego Foundation, is expected to replace Cathleen Benko, a former Deloitte executive who is retiring from the board.
U.S. consumer confidence unexpectedly declined in June, underscoring anxiety about the potential impacts on the economy and job market from higher U.S. import duties. The Conference Board’s gauge of confidence decreased 5.4 points to 93.
Jim O’Connor previously held executive roles at Timberland Pro, Shoes for Crews and Lands’ End. Wolverine’s Work Group includes Bates, Cat Footwear, Harley-Davidson Footwear, Hytest, Wolverine Boots & Apparel.
Valentina Visconti Prasca, formerly at Yoox Net-a-Porter Group, was appointed president of Napapijri, the Italian brand known for its travel bags and outdoor apparel. VF has owned Napapijri since 2004.
The Q2 FDRA survey conducted among footwear executives showed that a vast majority of industry leaders expect footwear prices to rise by more than 5 percent this year, with 60 percent anticipating a double-digit surge in the landing cost of footwear due to tariffs in the second half.
The Series A funding, which was led by GSV Ventures, will fuel the launch of new virtual education programs, expanded mentorship, greater industry access, and enhanced career support—all centered on the unique needs of professional athletes.
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