Axil Brands, Inc. inked a distribution agreement with Kinsey’s, Inc. to distribute Axil hearing protection and enhancement products in the shooting sports and outdoor recreation/hunting market.
Author: SGB Media
Nike Basketball Adds A’ja Wilson to Signature Athlete Roster
Wilson, the WNBA pro player for the Las Vegas Aces, has worked with Nike for over a year to create a signature collection, including a shoe.
MyFitnessPal Appoints New Chief Product Officer
The company said Tim Holley most recently served as VP of product for Etsy and also led product management and product design at SoulCycle.
Crunch Franchise Opens Crunch Edmond in Oklahoma
The new gym in Edmond, OK, is operated by The Undefeated Tribe, reported to be one of the fastest-growing franchises within the Crunch Fitness system, with locations open in Texas and Oklahoma and ten more in development this year.
EXEC: Leatt Posts Another DD Decline in Q1 as Body Armor and Helmets Sales Falter
Sales to the company’s global distributors decreased by 31 percent as distributors continue to manage industry-wide stocking dynamics, while consumer direct sales increased by 15 percent and dealer direct sales increased by 9 percent in Q1.
EXEC: Key Footwear Factory Report Sees Flat Q1 and Unsettled Market for 2024
The Group believes the global footwear industry will remain unsettled in the near term amidst the uncertain macroeconomic environment driven by persistent inflation, high interest rates, regional conflicts, and its impact on shipping lanes.
EXEC: Asics Corp Boasts Record Profit Margins in Q1 as All Regions Post Growth
Reported net sales growth of 21.9 percent, or 14.3 percent in constant-currency (CC) terms, to ¥174.1 billion in the quarter, led by double-digit CC sales growth in Japan, South & Southeast Asia, Greater China and the North America.
Ecco Golf Offers ‘New Flavour of Golf’ Collection
The golf shoe manufacturer released a special-edition capsule collection “celebrating different, and sometimes unexpected, flavors of golf.”
Xponential Fitness Appoints Interim CEO; Founder Removed by Board
Board of Directors removes Anthony Geisler as CEO, discloses Investigation by The U.S. Attorney’s Office for the Central District of California, reaffirms guidance.
Rally House Opens 19th Store in Michigan
The new store, the first in the state’s southwest region, is located at Mall Drive and S. Westnedge Avenue in Portage.
Superfeet Hires New CFO
As chief financial officer, Kathryn McKenzie is expected to have a key role in “activating Superfeet’s expansion into medical and industrial/work communities, supporting its mission to be the life-changing shape under every foot.”
Puma Introduces Genderless Collection with Palomo Spain
The collection celebrates “queer identities, ’80s athletic culture and the glitz of ’70s roller disco, marrying Palomo’s essence with Puma’s heritage of sportswear.”
Big Peach Running Co. Celebrates 20th Anniversary
The business started with one running store. Today it has ten located throughout the Metro Atlanta area, one store in Melbourne, FL, that opened earlier this year, and a mobile shop, Big Peach On Wheels.
EXEC: Xtep Intl Divests K-Swiss Brand to Focus on Merrell and Saucony in China
The move is designed to carve out the consistently underperforming segment from Xtep’s portfolio, allowing the company to concentrate its resources on developing its highly profitable brands – core Xtep brand, Saucony, and Merrell.
Adobe: U.S. E-Commerce Spend Expands 7 Percent Through April
Adobe released its online shopping data for the first four months of 2024, showing sales rose 7.0 percent year-over-year to $331.6 billion. The company’s research found that consumers have traded down to less expensive goods across major e-commerce categories.
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