Pashley Group Limited, the parent of U.K.-based Pashley Cycles, named Andy Smallwood to the role of CEO. Most recently, Smallwood was the CEO of Ribble Cycles.
Author: SGB Media
Health & Fitness Association Appoints Asia Chief
The Health & Fitness Association (formerly IHRSA) hired Singapore-based attorney and international industry advocate Sean Tan as the group’s senior representative in Asia.
Lazydays Names Chairman
Lazydays Holdings, Inc. announced that lead independent director and former interim-CEO Robert DeVincenzi has been appointed chairman of its Board of Directors. DeVincenzi succeeds Christopher Shackelton, managing partner of Coliseum Capital Management LLC, who decided to step down as a director.
Pradco Outdoor Brands Acquires Ani-Logics Outdoors
Pradco Outdoor Brands has acquired Ani-Logics Outdoors, a Worthington, MN-based maker of deer nutrition products.
CNBC/NRF: Retail Sales Jump in May After Slow April
May’s year-over-year gains align with what was seen earlier in the year, and the month-over-month increases are the largest in over a year.
Vail Resorts’ Q3 Results Miss Expectations, Guidance Lowered
Vail Resorts, Inc. reported earnings and sales for its fiscal third quarter ended April 30 missed Wall Street expectations due to a “combination of unfavorable conditions and broader industry normalization post-COVID following record visitation” at U.S. ski resorts during the 2022/23 ski season.” Skier visits slid 3.2 percent in the quarter. Earnings guidance was lowered for the year.
Golden Goose’s Debt Ratings Upgraded On Strong Q1, Upcoming IPO
S&P Global Ratings raised the debt ratings on Golden Goose SpA due to its strong operating performance in the first quarter marketed by 12 percent growth on a constant-currency basis. The company said the Italian luxury brand’s producer’s ratings could be further upgraded upon the expected completion of an initial public offering.
Monthly Import Cargo To Hit Highest Level Since 2022
Retailers, however, are also facing supply chain challenges with congestion at overseas ports that are affecting operations and shipping rates.
Eleven Names U.S. Ski Hall of Famer as Director of Skiing
Longtime ski equipment specialist and industry veteran Mike Hattrup is in charge of developing and promoting the company’s network of ski destinations across four continents.
Polaris Launches Off-Road E-Charging Network in Michigan’s Upper Peninsula
Polaris and the Michigan Economic Development Corporation launched an electric off-road vehicle charging network in Michigan’s Upper Peninsula. Hamilton’s North Coast Adventures near Ontonagon, MI., is the first in the U.S. to offer a rental fleet of Polaris’ all-electric off-road vehicle, the Ranger XP Kinetic.
Rally House Opens Third Wisconsin Store, Second in Louisiana, First in Colorado
Rally House’s third store in Wisconsin is now open, Rally House Brookfield Square. The retailer also broadened its market reach in Louisiana with its second store in the state, Rally House Tanger Gonzales. Rally House Castle Rock in Colorado pushes the company past a milestone, as they are now in 20 states nationwide.
Franklin Sports Introduces the FS Tour Featherweight Pickleball Paddle
The FS Tour Featherweight Paddle “creates the desired ‘pop’ while providing prime hand speed and power on the court.” —Adam Franklin, President, Franklin Sports
TJX Companies Plans Joint Venture in Mexico with Grupo Axo
TJX does not anticipate this proposed transaction with Guppo Axo, the operator of global brands in Mexico and South America that includes both full- and off-price formats, to have a material impact on its previously reported sales, profit or earnings per share guidance for Fiscal Year 2025.
Marucci and Victus Named as Exclusive Official Bats of MLB for 2025
The company said the agreement with the MLB exemplifies the leadership position of Marucci and Victus brands as the “premier bat choices worldwide,” as they are the top two most-used bats among MLB players and have long been part of the MLB landscape.
EXEC: Zumiez Saw U.S. Business Return to Growth in Q1; Sees Global Growth for Year
Looking to Q2, net sales for the North America business for fiscal May increased 2.5 percent year-over-year, while the Other International business decreased 1.1 percent. Men’s was said to be the largest positive comparable sales growth category followed by Women’s.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal