National rounds of golf played in February 2024 were up 4.9 percent as warmer, drier weather in the middle of the country offset the effects of wetter, cooler weather in California and Florida.
Author: SGB Media
Academy Sports + Outdoors Begins 2024 Store Expansion in Raleigh and Indy
The full-line sporting goods and outdoor recreation retailer will open 15 to 17 new stores in its fiscal 2024 year, starting with two new stores in the first quarter in Knightdale, NC and Greenwood, IN.
TRX Opens Global HQ and Training Center in Delray Beach, FL
TRX, the manufacturer of functional training products and training content, held a grand opening of its global headquarters and functional fitness gym, the TRX Training Center.
Perfect Moment Ltd. Posts Lower Fiscal Q3 Sales, Profits as Deliveries Pulled Forward
The sales decrease was said to be primarily due a substantial amount of wholesale revenue that historically was recorded in Q3 was instead accelerated into Q2 due to certain earlier-than-planned customer shipments.
Rhone Appoints Two New Board Members; will Launch First Women’s Collection in May
Bolsters its leadership team with the appointment of Athleta and CorePower Yoga veteran Tess Roering and ESPN Chairman Jimmy Pitaro.
EXEC: Grassroots Outdoor Alliance Sees Tough 2023 Comp Against COVID-Induced Growth
While year-over-year sales for the consolidated sales of the organization were down 6.0 year-over-year, sales versus the last pre-COVID year were up nearly 27 percent.
Rally House Expands to 16 stores in Philly; Adds Storefront in Texas
Rally House opened a store at the Gloucester Premium Outlets in Philadelphia and one in Cedar Hill, TX.
RVIA Sees February RV Shipments Up 18 Percent, Led by Strong DD Gains on Towables
The RV Industry Association’s February 2024 manufacturer’ survey found that total RV shipments ended the month with 31,024 units, an increase of 17.8 percent year-over-year. Towable RVs, led by conventional travel trailers, were up 24.4 percent year-over-year.
Nike Names Minimalist Designer Tim Hamilton as Global VP of Design
Hamilton brings over 26 years of design experience to the role including working on large-scale collabs, and has reportedly built a reputation in the industry for “technical craftsmanship and modern minimalism while reflecting subtle shifts in youth culture.”
Mavic Fine-Tunes Product, Adds Reps to Address U.S. Market Needs
The company said it has embarked on a steady rollout of new reps to manage retail growth in the U.S., with new reps added in California, Nevada, Pacific Northwest, Mountain States, Southwest, Mid-Atlantic, New England, and Florida.
Professional Tennis Registry’s Longtime CEO Departs
Dan Santorum is departing the Professional Tennis Registry (PTR). During his 40-year tenure, he has seen membership increase from an organization of 2,500 members in 68 countries to one with more than 16,500 members in 125 countries.
EXEC: MNC Capital Partners Ups Ante in Vista Outdoor Takeover Bid
MNC submitted an increased all-cash proposal to acquire Vista Outdoor, Inc. for $37.50 per share, or approximately $3.0 billion, as it tries to head off the sale of Vista’s ammo business to a foreign entity. Meanwhile, Vista has scheduled a shareholder vote for the sale of the ammo business to Czechoslovak Group.
“Fantastic Baseball” Launches with MLB as Partner and Aaron Judge as Cover Athlete
Global game developer Wemade launched “Fantastic Baseball,” a mobile game developed in partnership with Major League Baseball and endorsed by baseball superstar Aaron Judge as the cover athlete.
Revelyst Acquires PinSeeker a Golf Simulator Competition Platform
PinSeeker will be integrated into Foresight Sports, the maker of golf launch monitors and simulators, in Vista Outdoor’s Revelyst’s Precision Sports Technology platform. PinSeeker employees will relocate to San Diego, where Revelyst’s Precision Sports Technology platform is based.
EXEC: Academy Execs Break Down Q4 Hits and Misses, 2024 Outlook
Academy saw an improving comp store sales trend in its fiscal fourth quarter, and while still negative, it gave company management something to hold on to when assessing overall performance in Q4, the full year ended February 3 and planning the year ahead.
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