Zlaket is the CEO and member of the Board of Directors for Rawlings Sporting Goods. As chairman of the Sports & Fitness Industry Association (SFIA) Board of Directors, his one-year term begins effective immediately.
Author: SGB Media
Bass Pro to Open Location in Corpus Christi
The announcement came during a news conference led by local Bass Pro officials and Corpus Christi Mayor Paulette Guajardo. The opening is planned for 2025 and will be the retailer’s 21st in the state.
EXEC: Adidas AG Appoints Mathieu Sidokpohou Head of Global Sales as Hoeld Departs
Sidokpohou joined the company in 2020 as GM of Adidas France. In July 2021, he became GM of the Cluster South Europe before taking over the responsibility as Managing Director for Europe in 2023. He succeeds Arthur Hoeld, who will step down at the end of October.
Audubon International Adds Two Board Members from Golf Industry
Rick Lohman, senior director of corporate accounts at The Toro Company, and Ruth Engle, EVP and CFO at Troon Golf, have been added as at-large board members.
Nike Expected to Face Competition for Next NFL Uniform Contract
The NFL uniform and apparel rights, which Nike has controlled since 2012, are up for renewal for the 2028 season. Bidding is “open and active,” with “several” companies vying for the contract. Nike took over the NFL contract from Reebok in 2012 and renewed it in 2018.
Carbitex Closes Funding Round for Next Growth Phase
The company closed on a new funding round to restructure the company for international expansion. Longtime investors, including Executive Chairman Michael Marks, infused most of the capital into the company.
Academy Sports to Open Location in Meridian, MS
The new store will open on November 11, in time to make the Holiday shopping season. The 55,000-square-foot space at the Meridian Crossroads shopping center will be the retailer’s ninth store in Mississippi.
Fanatics Commerce’s Debt Ratings Lowered on Weak Q2 Results
Moody’s Ratings downgraded Fanatics Commerce’s debt ratings as second-quarter results for the online retailer of licensed sports merchandise showed EBITDA and free cash flow remained negative.
Survey: SMB Retailers Optimistic on In-Store Holiday Shopping
The 5th Annual State of Small Business Survey by Verizon Business revealed that 52 percent of small and medium-sized businesses and retailers are gearing up for an in-store holiday season, an increase of 13 points from 2023.
BSN Sports and Varsity Spirit Parent Hit by Data Breach
Varsity Brands, the parent of BSN Sports and Varsity Spirit, disclosed that more than 65,000 individuals may have had their personal information stolen due to a data breach that occurred earlier this year.
Report: September Retail Sales Top Expectations, Led by Clothing and Footwear
U.S. retail sales increased a seasonally-adjusted 0.4 percent month-over-month in September, up from the unrevised 0.1 percent gain in August, according to the U.S. Department of Commerce. The performance was slightly ahead of the 0.3 percent the Dow Jones forecasted.
ICSC Holiday Survey Sees Consumers Spending the Most Since 2018
ICSC also released its forecast for the Holiday selling season based on results gathered in its Annual Holiday Shopping Intentions Survey. It indicates that retail sales are expected to grow from 3.0 percent to 3.5 percent.
The Picklr to Expand its Pickleball Format into Canada
The Picklr reported YTD that it has sold “over 390 locations in 42 states, with plans to open at least 30 new clubs in 2024 and an additional 70 in 2025.”
Needham Hires Tom Nikic as Apparel and Footwear Analyst
Needham & Co. has hired Tom Nikic, a veteran analyst in the active lifestyle space, as managing director, equity research, apparel & footwear.
TSG Consumer Partners Appoints Managing Director
TSG Consumer Partners announced the expansion of its portfolio operations group, TSG Vantage and appointed of Brian Crandall as managing director.
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