The expansion includes Multi-unit agreements to bring Five Iron Golf to key markets, driving economic activity, golf and social opportunites.
Author: SGB Media
Alo Yoga Opens London Flagship
Based in Los Angeles, CA, the brand has opened a 10,000-square-foot flagship store on London’s Regent Street, marking its second store in the UK.
Dick’s SG to Close Remaining Moosejaw Stores
Moosejaw, acquired by Dick’s Sporting Goods in March 2023, will close its remaining three stores. Moosejaw’s company website was integrated into the Public Lands website, the outdoor arm of DKS.
Report: High Prices Top Back-To-School Stressors for Parents
RetailMeNot’s 2024 BTS survey found that parents sending their kid(s) back to grade school will spend, on average, $506, and those sending their college-age kids BTS will spend, on average, $821.
Lightspeed Commerce Narrows Fiscal Q1 Loss as Revenues Increase 27 Percent
Transaction-based revenue was $174.1 million, an increase of 44 percent year-over-year, and Subscription revenue came in at $83.3 million, an increase of 6 percent year-over-year.
U.S. Manufacturing Sector Contracted in July for Fourth Consecutive Month
The ISM is reporting that economic activity in the manufacturing sector contracted in July for the fourth consecutive month and the 20th time in the last 21 months.
Johnson Outdoors Sees Fiscal Q3 EPS Fall Nearly 90 Percent Year-over-Year
The company reported that challenging marketplace conditions, primarily due to lower consumer demand for outdoor recreation products and heavy promotional activity, impacted performance.
JD Sports, Nike’s First Global Retail Connected Member Partner
Through the partnership, JD’s U.S. customers can access select Nike members-only footwear and clothing by linking their JD Status and Nike membership accounts through the JD app or website.
Rally House Opens Two Stores In Upstate New York
Rally House opened stores in Syracuse and Buffalo. The sports fan chain now operates three stores in the state.
Geox Sales Slid 9.4 Percent in H1 Due to Wholesale Weakness
Geox reported consolidated sales for the first six months amounted to €320.4 million, decreasing by 9.4 percent compared to the previous year or down 8.0 percent at constant exchange rates, primarily due to the negative performance of the Wholesale channel and Franchising, only partially offset by the positive trend of the Direct Digital channel.
KGM Technologies Appoints Founder as New President
Founder Kyle Grob was appointed president. Grob has served as chief technology officer for the past six years. Jeff Andrews, company chairman, was promoted to executive vice president, assisting in the day-to-day operations of the growing company.
Racketpro Appoints CEO
Offering training and education for coaches and professionals in the world of racket sports, Racketpro appointed Dan Santorum as CEO. Formerly he was president of the Professional Tennis Registry.
EXEC: Jobs Report Sends Markets Lower on Concerns Over U.S. Economy
The U.S. economy only added 114,000 non-farm payroll jobs in July, fewer than the 175,000 expected by economists. The unemployment rate rose to 4.3 percent — its highest level since October 2021.
EXEC: Xponential Fitness Shares Fall as Company Misses on Q2
XPOF shares fell more than 20 percent overnight after the company missed revenue targets, lowered guidance and posted a loss for the 2024 second quarter.
Brompton T-Line Foldable Bike Faces Recall
A loss of alignment between the handlebar and front wheel due to insufficient torquing of steerer clamp bolts could cause a rider to lose control and fall.
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