The Boston Pro Show and Fitness Expo have offered to help displaced vendors and sponsors who were prevented from attending this past weekend’s Arnold Sports Festival Expo in Columbus, OH, due to global coronavirus concerns.
Author: SGB Media
Freemotion Fitness To Forego IHRSA 2020 Trade Show
Freemotion Fitness said that due to the recent announcement of a state of emergency in California, the ongoing global concerns, and uncertainty over the spread of the Coronavirus, it has made the “difficult decision” to withdraw from IHRSA 2020 in San Diego.
Precor Decides Not To Attend IHRSA Due To Convirus Concerns
Precor said it won’t attend the IHRSA 2020 trade show in San Diego “due to the recent increase in coronavirus related health risks” and staff concerns.
Life Fitness To Skip IHRSA Over Coronavirus
Life Fitness said that due to the continued global spread of coronavirus, it has made the “difficult decision” to withdraw attendance to the IHRSA 2020 trade show in San Diego, CA
Fabletics Opens First Houston Store
Fabletics, the activewear brand Co-founded by Kate Hudson in 2013, opened its first Houston, TX store inside the Galleria Mall on Saturday.
IHRSA: Health Club Membership Reaches 64.2M Americans
More than one out of five Americans belonged to a health club or studio in 2019, totaling 64.2 million consumers ages 6 and older, according to the 2019 IHRSA Health Club Consumer Report. The latest data shows a fifth consecutive year of growth in membership.
Hibbett Pledges Support To Tennessee Tornado Victims
Hibbett Sports on Friday pledged support to the Community Foundation of Middle Tennessee (CFMT) by collecting donations in 146 stores throughout Tennessee, Alabama and Kentucky for the Middle Tennessee Emergency Response Fund.
Reports: Modell’s Preparing For Bankruptcy Filing
Modell’s Sporting Goods is preparing to file for Chapter 11 bankruptcy, according to reports. Mitchell Modell, CEO, told Bloomberg that Modell’s plans to file with a stalking-horse bidder in place in order to support a sale of the company in a bankruptcy auction.
Once Dust Settles With AOBC Shakeup, New Entities Could Thrive
The fiscal third quarter brought significant change to American Outdoor Brands Corp. (AOBC), whose portfolio includes the iconic firearms maker Smith & Wesson plus several brands in the sportsman’s and outdoor gear categories. Despite some stumbles in Q3, look for AOBC’s post-spinoff companies to prosper.
Aisle Talk Week Of March 2
Top headlines from across the active lifestyle industry featured in SGB during the week of March 2, 2020.
Brooks Running Takes Precautionary Measures Over Coronavirus
Brooks Running, which is based in Seattle, WA, is restricting all non-essential travel and encouraging employees to work from home if possible as part of its response to the coronavirus outbreak.
Draymond Green Signs With Converse
Converse signed Draymond Green of the Golden State Warriors to become the face of the brand as it looks to get back into performance basketball.
Le Coq Sportif To Supply French Team For Paris 2024 Olympics
Le Coq Sportif reached an agreement to supply apparel for the French Olympic and Paralympic team for the Paris 2024 Games. The French brand had supplied France’s Olympic team between 1912 and 1972.
Macy’s Debt Ratings Outlook Lowered To Negative
Moody’s Investors Service affirmed Macy’s debt ratings but changed its outlook to negative from stable. Christina Boni, Moody’s vice president, said in a statement, “Macy’s weak 2019 operating performance requires an acceleration of its efforts to stem market share erosion and stabilize margins.”
With Spinoff Pending, AOBC Misses Q3 Estimates
American Outdoor Brands Corp., parent company of Smith & Wesson, on Thursday reported earnings per share for the fiscal third quarter ended January 31 of 13 cents, which missed Wall Streets’ targets by 10 cents. Q3 revenue of $166.7 million was short $20.6 million. The company’s quarterly earnings release comes as a big transition looms.
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