Garmin Ltd. reported fourth-quarter earnings grew 34 percent on an adjusted basis as sales climbed 23 percent. The growth was led by gains of 48 percent in the Marine segment, 40 percent in Outdoor and 26 percent in Fitness.
Author: SGB Media

Club Champion Adds Three Fitting Studios
Custom club fitter Club Champion announced the opening of three new fitting studios this month, located in Des Moine, IA; Tacoma, WA; and Livingston, NJ.

Camping World Announces Acquisition In The Northeast Corridor
Camping World Holdings Inc. announced the acquisition of two locations in the Northeast as the company further expands its footprint. The new locations in Hamburg, PA and Albany, NY were established through the acquisition of Boat-N-RV Superstore.

New Balance To Sponsor AS Roma
New Balance has reached a deal to replace Nike as the official kit provider to the Italian Serie A club AS Roma, starting with the 2021/22 season.

Apex Global Brands To Be Acquired By Galaxy Universal
Apex Global Brands Inc. said it entered into a merger agreement with Galaxy Universal LLC. Apex’s brands include Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Point Cove, Carole Little Everyday California, and Sideout.

Target Announces Updates To Executive Leadership Team
Target Corp. announced a number of changes across its executive leadership team, including appointing Christina Hennington as executive vice president and chief growth officer

Fila Partners With Professional Pickleball Association
The Professional Pickleball Association (PPA) announced that it has agreed to an expansive retail partnership with Fila Pickleball and Fromuth Racquet Sports. Both organizations join the Pro Tour in 2021 as exclusive providers.

SFIA Finds Individual Sports Shine In 2020
Individual sports such as tennis, golf, running, hiking, skateboarding and surfing thrived in 2020 as Americans pursued a host of pandemic-acceptable sports and fitness activities, according to SFIA’s Annual Topline Participation Report.

Thule To Open First U.S. Brand Store In Denver
Thule announced it will open its first brand store in North America in downtown Denver, CO, to showcase all its product categories in one space. The store will open in Summer 2021.

Etnies Announces Its Official Snow Team For 2021
Today, Etnies announced its official snow team for 2021. They include Chris Grenier, Jeremy Jones, Zeb Powell, Scott Stevens, and JP Walker. Chris Grenier’s snowboarding accomplishments range from an X Games Real Snow gold medal to a series of video parts including commentary on The Bomb Hole podcast. Jeremy Jones is a legendary big mountain […]

Adidas Begins Sale Process For Reebok
Adidas AG formally announced plans to divest its underperforming Reebok brand. In December, Adidas had announced had begun a review of whether to sell Reebok.

Saucony Celebrates 40 Years Of The Jazz With Limited-Edition Icon Pack
Saucony celebrates the 40th anniversary of the Jazz running shoe with its launch of the Icon Pack. Bridging performance and lifestyle, the Icon Pack features a current lineup of Saucony’s fastest running shoes, including the Endorphin Collection, the Kinvara 12 and the Peregrine 11, each redesigned in the image of a Saucony Original. The Icon […]

Marolina Outdoor Inc. Partners With Richard Childress Racing For 2021 Season
Marolina Outdoor Inc., Huk and Nomad’s parent company, announced its partnership with Richard Childress Racing for the 2021 season.
Crazy Debuts U.S. Men’s and Women’s Collection For Fall 2021
Tapping into the pandemic’s outdoor trend, Crazy, the Italian apparel company that introduced the fast and light category in 1989 in ski touring, will debut a U.S. collection for men and women. The collection includes jackets, pants, vests, and accessories and will drop in September 2021. Founded by Valeria Colturi, a cross-country athlete, the collection’s […]

Macy’s Appoints Senior Vice President, Enterprise Data & Analytics
Macy’s Inc. announced that Xingchu Liu has joined the company as senior vice president, enterprise data & analytics. Liu was the president of BlackLocus, a subsidiary within The Home Depot.