With Founder, Chairman and CEO Bahram Akradi, who will serve as Board Co-Chair, Agassi will spearhead efforts to elevate the profile, programming, leagues, and community of tennis and pickleball.
Author: SGB Media
EXEC: Big 5 CEO Talks Efforts to Offset One-Two Punch from Weather and Economy
The Apparel category was down approximately 30 percent year-over-year in the fourth quarter. The Footwear category was down approximately 17 percent and the Hardgoods category was down approximately 11 percent for the period.
Puma Brings Back Avanti in Limited Edition White and Spotted Calf Hair
Unlike the previous all-leather drops, the Avanti Pony is made with calf hair uppers in two colorways.
Big 5 SG Posts Q4 Loss on Sharp Decline in Same-Store Sales
For the fiscal 2024 first quarter, BGFV expects same-store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter.
Primary Arms Optics Names Simmons’ Sporting Goods Dealer of the Year
Simmons’ Sporting Goods is the South’s largest independent single-location outfitter, occupying over 80,000 square feet and offering a vast range of archery, firearms and outdoor gear.
Vision Fitness Appoints GM for U.S. Commercial Business
Chris Torggler was hired as general manager of the U.S. Vision Commercial Group. He brings 30 years commercial fitness industry sales and product leadership experience to the new role.
Report: Half of Camping Property Owners Added Campsites in 2023
The Dyrt reported that the addition of new campsites was spurred, in part, by results from the previous year’s report, when 58.4 percent of campers reported difficulty booking a site because a campground was sold out.
Primus Taps Silva Distributor and Sales Reps for Canada Expansion
Rock Gear Distribution, the exclusive Canadian distributor for Primus-Silva Sweden AB, has reached new agreements with its existing Silva sales agencies to now represent Primus as well.
Game One Appoints Chief Executive Officer
Team sports retailer Game One promoted company president Pat Weber to chief executive officer, effective February 16, 2024. As CEO he will also maintain his role as president of the company.
The Athlete’s Foot Posts 7 Percent Sales Increase in Fiscal 2023
The Athlete’s Foot sneaker and streetwear chain has 550 stores and e-commerce shops in 30+ countries. Its global headquarters are in Stans, Switzerland, and Atlanta, Ga. in the United States.
Macy’s Inc. Swings to Q4 Loss on $1 Billion Charge for New Plan, Store Closures
Included within the charge is a roughly $950 million non-cash asset impairment charge, primarily related to the approximately 150 locations planned for closure and the remaining associated with corporate assets.
MidwayUSA Hires Merchandising Manager, Gunsmithing
Family-owned and operated since 1977, Midway USA hired Ken Nichols as merchandising manager, gunsmithing. He has an extensive background in firearm accessories within internet retail.
Macy’s, Inc. to Shutter 150 Macy’s Doors, Boost Investment and Door Count in Luxury
As part of the strategy, approximately 15 Bloomingdale’s nameplate stores, 30 new Bluemercury stores and roughly 30 Bluemercury remodels are anticipated to open in new and existing markets over the next three years.
EXEC: Puma SE Posts Flattish Bottom Line in Q4 on Sales Decline to End the Year
Sales growth for 2024 is estimated in the mid-single-digit percentage rate in constant-currency terms and EBIT is seen in a range between €620 million and €700 million.
Moncler CEO To Retain 16 Percent Stake in Holding Company
Moncler SpA’s shareholders are cooperatively exiting from its investment in holding company, Double R, to make the company “more accessible” to potential bidders.