Pickleball Kingdom’s expansion into Idaho marks a significant milestone in the company’s growth strategy.
Author: SGB Media
EXEC: Sportsman’s Warehouse Kicks Off ‘Spring Reset’ to Clean Inventory, Grow Sales
Wall Street reacted positively to the planned changes and the Q4 earnings beat as SPWH shares surged 21 percent on Thursday to close at $3.79 a share. The inventory reduction efforts was said to be $10 million better than planned.
TruFit Athletic Clubs Expands Team with Key Executive Hires
The fitness club owner appointed Chip Pelaskey as the VP of sales and Brea Ballard as VP of marketing. Both Pelaskey and Ballard stepped into their roles at the close of 2023.
Riddell Acquires Product Design and Development Partner
The company has acquired longtime partner Simbex, the health research and product design and development company headquartered in Lebanon, NH, to elevate its position in sports technology.
Riddell Receives Strategic Investment to Fuel Growth
The influx of capital will fuel advancements in protective sports equipment and performance technologies.
USTA Aims to Make U.S. the No.1 Tennis-Playing Nation Worldwide by 2035
Ambitious growth strategy aims to increase the number of Americans playing the World’s Healthiest Sport to 10% of the population, while deepening positive impact in communities nationwide
ŌURA Introduces Oura Labs, An In-App Innovation Hub for Members
Symptom Radar, the first feature available for testing in Oura Labs, pioneers the connection between biometric data trends and overall wellness
REI and Partner Expand Camping Experience near Bryce Canyon NP
The companies collaborated to create elevated platforms from Trex composite decking to elevate tent set-ups, expanded REI’s Signature Camp near Bryce Canyon National Park in Utah.
Consumer Confidence Index Flat in March, but Outlook Index May Signal Trouble Ahead
The Consumer Confidence Index was 104.7 in March, essentially unchanged from February. But the Expectations Index, based on consumers’ short-term outlook for income, business and labor market conditions, fell to 73.8, which is in recession territory.
NRF: Economy Remains ‘Sturdy’ Despite Forecast for Slower Growth
Adjusted for inflation, GDP is expected to grow about 2.3 percent year-over-year, slower than last year’s 2.5 percent but still strong enough to sustain job growth that drives consumer spending.
Sportsman’s Warehouse Posts DD Same-Store Sales Decline in Q4; Swings to Loss
The retailer reported lower-than-expected Q4 sales for the 14-week period ended February 3, but indicated it was successful in reducing excess inventory. Same-store sales decreased 12.8 percent on a 13-week comparable basis.
SwingU Promotes Calli Ringsby to Head of Product
Ringsby, a Stanford graduate and national championship-winning women’s golf team player, is “passionate about empowering women in technology.” She leads an all-female product team at SwingU.
KemperSports Hires Industry Veteran as Senior VP, Golf Strategy and Growth
Jim Boedecker is responsible for leveraging KemperSports’ growing portfolio of golf and sports properties and assets to create new revenue streams. He will also develop new lines of business for KemperSports in and around golf, sports and hospitality.
Leki USA Hires New Sales Representation for Great Lakes Region
Specialty Sports Reps (SSR) will cover the Great Lakes trekking and outdoor retail territory (Michigan, Ohio, Indiana, and Kentucky), effective immediately.
Peak Ski Company Appoints Director of Operations
Alex Ford was, most recently, operations manager and has been with the company since its launch In April of 2022.
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