The new store will be the outdoor retailer’s 11th in the state of Texas.
Author: SGB Media
Pentland Brands Names New President of Americas as Matt Rock Steps Down
Spies, formerly the senior vice president of sales for Pentland Brands North America, brings over 17 years of experience from his tenure at Converse, including his last role as vice president of its wholesale business for North America.
Garmin Ltd. Posts Strong Q1 Results with Gains Across All Segments
Revenue from the Fitness segment increased 40 percent, revenue from the Outdoor segment increased 11 percent and revenue from the Marine segment increased 17 percent for the quarter.
Under Armour Taps Yuron White as SVP, Sportswear, Run, Basketball/Curry & Collabs
White joins Under Armour from New Balance, where he was the VP of Global Lifestyle, Basketball and Innovation. Before that, he worked at Nike where, most recently, he was the VP of Performance Sports and Cross Category Concepts.
Amer Sports Divests Cycling Manufacturer ENVE Composites to Utah Firm
Founded in 2007, ENVE is one of the few U.S. cycling brands with all-American in-house manufacturing of high-tech bike performance products, including wheels, components and bikes.
USPTA Signs Multi-Year Deal with Padel Courts Deluxe
The agreement with the USPTA is reportedly not only a step toward the internationalization of Padel in America but also a fusion of visions.
Daisy Manufacturing Acquires Compass Diversified’s Crosman Air Gun Division
The deal gives Daisy ownership of the designer, manufacturer and marketer of air guns, accessories and related consumables sold under the Crosman, Benjamin, Game Face, LaserMax and Centerpoint Optics brands.
Anytime Fitness Master Franchisee Expands Into Germany
Eighty-8 will continue to operate as a local subsidiary of Fast Fitness Japan as the master franchisee for Anytime Fitness in Germany.
EXEC: Big 5 CEO Details Q1 Challenges; Offers Tepid Outlook for Near Term
The retailer has continued to feel the effects from the ongoing macro headwinds that are impacting consumer discretionary spending in the second quarter-to-date as same-store sales are running down despite a benefit from an extra day due to the Easter shift.
Wolverine Worldwide Enters Licensing Agreements for Merrell and Saucony Brands
WWW entered two new global licensing agreements as part of its ongoing “strategic transformation” into a brand-led growth company for Merrell and Saucony kids footwear and Merrell apparel and accessories.
Big 5 Sporting Goods Falls to Q1 Loss as Comps Fall 13.5 Percent
The company said the calendar shift of the Easter holiday, during which the company’s stores were closed, from Q2 2023 to Q1 2024, negatively impacted sales comparisons by approximately 100 basis points.
Rocky Brands Swings to Q1 Profit as Organic Sales Grow 7.6 Percent
The owner of the Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, Xtratuf, and Ranger brands divested the Servus brand in the year-ago period, which boosted sales and margins on an organic basis.
Unrivaled Sports Acquires Under the Lights Powered by Under Armour
Founded in 2015, Under the Lights Powered by Under Armour operates 170 local flag football leagues with 35,000 boys and girls from first through eighth grades, organizing events for over 5,000 teams in 27 states.
Rocky Brands Inks Comprehensive Debt Refinancing Deal
The debt refinance agreement includes a $175 million revolving credit facility and a $50 million term facility, amending and restating the company’s existing $175 million revolving credit facility with Bank of America.
Fanatics Adds Sunderland AFC to Football Club Portfolio
Fanatics becomes the exclusive operator for the Club’s online and stadium store and includes a significant investment in a new retail store at the Stadium of Light.
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