Booking Pace Softens At Southeast Destinations In July

The pent-up demand for resort vacations in Florida, Georgia and South Carolina that led to a flood of summer bookings in May and June slowed down in July as initial demand was met and a resurgence of COVID-19 cases in the region triggered a cooldown of the booking pace in the previous two months, according to DestiMetrics’ recent assessment of booking trends.

SquadLocker Appoints VP Of Operations

SquadLocker, the uniform and custom team gear provider, appointed Jim Day as vice president operations to support the company’s growth and expansion.
He was previously vice president of global supply chain at ’47, a sports lifestyle brand.

GymShark Secures Equity Funding

GymShark, the U.K.-based fitness apparel start-up, announced it will enter a strategic partnership with General Atlantic, a leading global growth equity firm, in its first-ever fundraise, valuing the business at over £1 billion.  In conjunction with General Atlantic’s investment, Founder Ben Francis has increased his stake in the company to over 70 percent.

Retail Sales Increase 1.2 Percent In July

The U.S. Census Bureau reported overall retail sales during July were up 1.2 percent seasonally adjusted from June and up 2.7 percent year-over-year.  The July gain over June was lower than the 1.9 percent expected by economists, according to Reuters.

IHRSA’s Board Chair Resigns

Jason Reinhardt, chair of the IHRSA Board of Directors, has announced that effective immediately, he would be stepping down as chair and as a board member.

USA Triathlon Launches “Power Within” Campaign

USA Triathlon unveiled its Power Within campaign, a marketing initiative designed to reposition the sport of triathlon by addressing its challenges head-on, galvanizing the multisport community and inspiring new audiences to engage.