Golf Datatech reported that U.S. golf rounds played rose 8.2 percent year-over-year in November, rebounding from a slight decline in October.
Author: SGB Media
Blackcrows expands partnership with Freeskier Nikolaï Schirmer
Blackcrows, the French ski brand focused on design-driven performance ski gear and apparel announced it expanded its partnership with freeskier Nikolaï Schirmer to include apparel and equipment.
Analyst: Lululemon Likely to Outpace Estimates and Guidance in Q4
William Blair analyst Sharon Zackfia believes Lululemon will outpace its own guidance for the fiscal fourth-quarter, with unseasonably mild weather helping boost holiday foot traffic to push revenue growth above the company’s guidance between 13 percent and 14 percent.
Sacks Parente Golf CEO Resigns
CEO Tim Triplett has resigned from the company, effective immediately, due to family reasons. Board Chair Greg Campbell will assume responsibilities as executive chairman to facilitate a smooth transition while the company searches for a new CEO.
Gildan Board Saga Continues as Shareholders Look to Take Action
Browning West, one of the company largest shareholders, made the extraordinary move to reach out to fellow shareholders to announce its intent to requisition a special meeting to challenge and reverse the Gildan Board’s actions to remove CEo Glenn Chamandy.
Black Diamond Parent Selling Ammo Business in $175 Million Deal
Clarus Corp. entered into a definitive purchase and sale agreement to sell its Precision Sport segment, comprised of Sierra Bullets and Barnes Bullets, to a U.S.-based non-strategic buyer not affiliated with the company or any of its officers or members of its board of directors.
Survey: Wearable Technology Again Tops Fitness Trend for 2024
The American College of Sports Medicine’s (ACSM) annual survey found wearable technology ranked as the number one fitness trend for the third straight year. The Top 3 trends also included workplace health promotion and fitness programs for older adults.
Goldfish Swim School Expanding in California
The company, based in Michigan, signed multi-unit swim school agreements with two franchise groups to develop six Goldfish Swim Schools in California over the next several years.
Puma to Release Puma Fit Collection on January 1
Puma Fit collection, rooted in sport, combines technology and innovation with dynamic design principles for all workouts. Completing the collection is the redesigned PwrFrame TR3 training shoe.
Jordan Brand To Release Jayson Tatum Second Signature Shoe
“This second shoe represents evolution and how much I’ve grown as a player. I’m always building on my skills so I can be better than who I was yesterday. I hope consumers appreciate how much we put into this one.” —Jayson Tatum
Life Time Reaffirms Guidance; Names Interim CFO as Houghton Departs
The company expects to be free cash flow positive after all capital expenditures, including new club growth, by the middle of 2024. SVP and Controller Erik Weaver, a 19-year company veteran, will assume the role of interim CFO with the departure of CFO Bob Houghton.
Crunch Fitness Opening First Club in Nebraska
The new gym, located in a former Gordmans space in Lincoln, NE, has 55,000 square feet and $1 million worth of fitness equipment. The gym is set to open on January 5.
Nikola Jokić Inks Signature Shoe Deal with 361° Footwear Brand
Jokić will debut his first signature performance basketball shoe with 361° shortly. Until then, he will wear the Big 3 Future High on-court, the latest performance basketball shoe from 361°.
Report: Merchandise Returns Reach 14.5 Percent in 2023
According to the report released by the National Retail Federation and Appriss Retail, for every $1 billion in sales, the average retailer reportedly incurs $145 million in merchandise returns. Online sales do see a higher return rate, at 17.6 percent.
Report: U.S. Holiday Season Retail Sales at Low End of Forecast
U.S. retail sales, excluding automotive, increased 3.1 percent year-over-year this holiday season, according to a report from Mastercard SpendingPulse measuring the period from November 1 through December 24.
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