Bell will focus on elevating the brand’s market share and bolstering product lines and innovation to meet the evolving needs of golfers.
Author: SGB Media

Summit Golf Brands Hires Chief Marketing Officer
Thomas De Stio, as chief marketing officer, will oversee e-commerce and marketing strategy for its B. Draddy, Zero Restriction, Fairway & Greene, and EP New York brands.

EXEC: Rip Curl and Oboz Parent KMD Brands Saw Improved Fiscal Q4 Trends
Despite a double-digit sales decline for the year, the company highlighted the improvement in the business throughout the year after first-half sales fell 14.5 percent and Q3 sales declined 11.1 percent, but Q4 saw a significant moderation in the declines to slide 5.0 percent for the May through July period.

EXEC: A Look Ahead at Amer’s Q2 Results as Weak China Retail Worries Market
Amer Sports, Inc. will report Q2 results tomorrow morning. Investors hope the slowdown in China did not have an outsized impact on the company’s performance in the period, particularly the Arc’teryx brand, which relies heavily on the Greater China market for its revenue.

Gold’s Gym Opens in Georgetown
Gold’s Gym D.C. Metro, owners of the 25,000-square-foot facility in Georgetown Park, plan to continue to grow tGold’s Gym in the D.C. area with 24 gyms open by 2030.

EXEC: Lazydays Holdings Gets Creative to Weather the RV Downturn
Despite the creative work of managing inventory, generating sales, and cutting expenses, the company continued to see revenues fall 22.6 percent in Q2, with the bottom line falling into the red as RV traffic stalled this year.

Club Ride Apparel Adds Sales Management Chief, New Agencies
Most recently, Terry Duran worked for Kona Bicycle Company after a six-year stint at Norco Bikes as U.S. sales manager and three years as national sales manager at Wilier Triestina. He has also worked with Scott Sports and Cannondale.

EXEC: Colt CZ Group Expands Production Capacity in Hungary
The Colt CZ Group reportedly holds a majority share and fully controls all production activities at the site.

Outtech Adds Antler King to Outdoor Brand Portfolio
The Ohio-based company produces nutritional products for whitetail deer, including food plot blends, cover screen options, feed blocks, attractants, and supplemental feed to promote healthy development and growth.

PeopleForBikes Appoints Two Members to Senior Leadership Team
The bicycle industry’s trade association promoted Dr. Ash Lovell and Martina Haggerty to senior leadership positions within the organization’s government relations and infrastructure teams.

EXEC: Why is Nike Back in Play on Wall Street?
There may be some light at the end of the tunnel for Nike investors after NKE shares tallied their longest winning streak in over eight years, pushed higher by a range of actions.

EXEC: Li Ning Company First Half EPS Declines Despite Revenue Growth, Margin Expansion
Li Ning Company Limited reported its overall performance remained stable with pragmatic growth in the 2024 first half (H1) period. Revenue amounted to RMB 14,345 million in H1, an increase of 2.3 percent

Guess?, Inc. Announces CFO Transition
Dennis Secor has been appointed interim chief financial officer of Guess?, effective August 26, 2024. He succeeds Markus Neubrand, who is stepping down to pursue another opportunity

Taylor’s & Company Adds New Representation for Central and Eastern U.S.
Taylor’s & Company has chosen Ken Jefferies & Associates as its sales agency of record for the central and eastern regions of the United States. The agency has represented brands in the shooting sports industry since 2008.

Adidas America Faces OSHA Penalties for Ongoing Hazards at New York DC
Adidas America, Inc. has 15 business days from the receipt of the citations and penalties to comply, request an informal conference with OSHA’s area director or contest the findings before the independent Occupational Safety and Health Review Commission.