Opening in late summer 2025, this 42,000-square-foot facility will feature 13 professional-grade indoor pickleball courts led by Gunn Robison.
Author: SGB Media
Fleet Feet to Open Fourth Franchise Location in Arizona
Billy Preston is opening a new Fleet Feet franchise store in downtown Prescott, AZ, with easy access to over 500 miles of nearby trails and outdoor recreation year-round.
Hawke Optics Adds New Marketing Manager
Cameron Derr Derr comes to Hawke after five years as a content director with Exodus Outdoor Gear. His work with influencer marketing, podcasts and video production will reportedly be a major asset to Hawke Optics.
Yeti Inc. Posts Strong Q4 Despite Wrestling with Product Recall Reserve Impact
Adjusted sales, which exclude the impacts of the recall reserves in both the current and prior-year quarters, increased 7 percent to $555.4 million. Sales and adjusted sales in Q4 2024 and 2023 include $1.7 million and $6.5 million, respectively, of sales related to gift card redemptions in connection with recall remedies.
Crocs, Inc. Shares Jump on Strong DTC Gains and Growth Inversion at HeyDude
CROX shares were up more than 24 percent as Crocs Brand revenues increased 4.0 percent (+4.9 percent cc) to $762 million in the fourth quarter, and HeyDude Brand revenues were flat at $228 million, turning the corner from recent declines.
HanesBrands, Inc. Sets CEO Transition Plan; Bratspies Eyes Year-End Departure
Steve Bratspies will depart the CEO role at the end of 2025, or upon the appointment of his successor. Bratspies will step down from the Board of Directors concurrent with the end of his tenure as CEO.
Beyond Yoga Parent Levi Strauss Shuffles Leadership Team
Karyn Hillman, Jason Gowans, Harmit Singh, Gianluca Flore, Bernard Bedon, new to the Executive Leadership Team from Nike, and Liz O’Neill are part of LS&Co’s organizational change to streamline decision-making, drive operational excellence and align the company’s structure with its strategic priorities.
Hyosung TNC Hires U.S. Marketing Director to Drive Growth
Malvina Hoxha will direct the U.S. marketing team in promoting Hyosung TNC’s specialty fibers and fabrics to targeted brands and retailers. She will also manage joint development and promotional programs with key industry partners.
Tom Brady Acquires 50 Percent Ownership Stake in CardVault
As part of the agreement, CardVault will now be called CardVault by Tom Brady and expand its retail footprint with a new flagship store opening this spring at American Dream, the large retail and entertainment complex in the Meadowlands Sports Complex. With Brady’s backing, CardVault plans to go global, with new stores opening worldwide.
JetSet Pilates Closes on Strategic Investment from Purchase Capital, LLC
Investor and entrepreneur Nicholas J. Singer, the founder and managing partner of Purchase Capital, has been appointed to the JetSet Pilates Board of Directors.
Bluestar Alliance Acquires Palm Angels to Expand Streetwear Stable
The acquisition follows the company’s September 2024 acquisition of Off-White from LVMH, and is said to underscore the company’s continued expansion into the high-end streetwear and luxury fashion sectors.
EXEC: Yonex Gets Racquet Sports Lift from Summer Olympics
The Japan-based racquet sports and golf equipment manufacturer reported results for the nine-month year-to-date (YTD) period that ended December 31, 2024, suggesting that the sports market received a boost from the Summer Olympics in Paris and other international tournaments and athletes’ success at that event.
Planet Fitness Realigns Leadership Team to Drive Growth
Bill Bode, division president of U.S. Franchise, will move into the newly-created chief operating officer role. Jennifer Simmons, division president of Corporate Clubs, will move into the newly-created chief strategy officer role.
Davidson’s Promotes Three Industry Vets to Senior Merchandising Directors
The promotions are effective immediately for Paul Dickson, Eric Mueller and Justin Saldivar. Each have extensive backgrounds and experience in the firearms industry, boasting thirty-seven years of combined service with Davidson’s alone.
Global Defense Names François Cortes as New Director of International Sales
Cortes will lead the company’s efforts to expand its global presence by developing strategic sales initiatives, identifying emerging market opportunities and fostering strong relationships with key clients and partners.
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