U.S. Tennis Participation Surges In 2020, Adding Four Million Players

The United States Tennis Association (USTA) announced that tennis participation increased by 22 percent in 2020, with 21.64 million people hitting the courts according to recent data from the Physical Activity Council’s Participation (PAC) report. Of the more than 21 million Americans who said they played tennis last year, 6.78 million were new or returning players.

Adidas Partners With Richmond Athletics

The University of Richmond athletics department and Adidas have announced a five-year strategic partnership. The deal includes a hybrid model featuring ASB Sports as direct vendor.

Dorel Announces Termination Of Going-Private Transaction

Dorel Industries Inc. announced that it has terminated its acquisition by Cerberus Capital Management that would have taken it private. The termination came after at least two shareholder groups had complained Cerberus’ offer significantly undervalued Dorel.

Survey Finds Pandemic Plunges Low Income Youth Participation Rates

In a national survey conducted by the Maryland-based Youth Sports Collaborative Network (YSCN), youth sports programs serving low-income communities reported 84 percent of their more than 146,000 registered youth have not regularly participated in their programs due to the COVID-19 pandemic.

Lodging At Southeast Destinations Continuing Strong This Winter

Destinations in the Florida Panhandle along with resorts in coastal Georgia and South Carolina are tracking impressive results this winter season through the end of January, according to the most recent data released by DestiMetrics, a division of Inntopia, in its Monthly Market Briefing.