Life Time reported a late-summer opening of its Life Time Sienna, a member-only club, and 30th in Texas. A preview center is open for prospective members for the 124,000-square-foot athletic country club in Missouri City, TX.
Author: SGB Media
Leki Introduces Trekking Pole Made From Hemp Marking 75th Anniversary
Leki, the manufacturer of skiing, trekking and trail running poles, introduced a pilot program of 250 pairs of trekking poles manufactured by hand in Europe, with hemp grown and harvested in the Swabian Alb region near its headquarters in Kirchheim, Germany, and assembled in the Leki’s factory in the Czech Republic. The Hemp One Vario […]
Overland Expo West 2023 Sees Record Attendance
Overland Expo, part of the portfolio of events owned and managed by Emerald Holding, Inc. serving the Outdoor industry, including Outdoor Retailer and Surf Expo, reportedly saw record attendance following the conclusion of its Overland Expo West event, held May 19-21 at Ft. Tuthill in Flagstaff, AZ.
Walmart Opens Its Largest Fulfillment Center Outside Indianapolis
Walmart celebrated the grand opening of a new 2.2 million-square-foot fulfillment center twenty miles northeast of Indianapolis in McCordsville, IN. The next-gen facility is Walmart’s largest fulfillment center to date and enable the retailer to fill orders more quickly.
Monarch Alternative Capital Forms Go Outdoors Investment Platform
Monarch Alternative Capital LP, an investment firm with approximately $11 billion of assets under management, formed Go Outdoors, a platform to acquire, develop and operate marinas and RV resorts in the U.S.
The Rockport Co. Files For Chapter 11 Bankruptcy; CEO Resigns
The Rockport Co. has filed Chapter 11 bankruptcy in a U.S. District Court in Delaware and intends to file a motion seeking authorization to pursue an auction and sale process.
Nautilus Sets $5 Million Direct Offering
Nautilus, Inc. entered into a definitive securities purchase agreement with a certain institutional investor for the purchase and sale of 4.1 million shares of the company’s common stock at a purchase price of $1.22 per share.
Beachbody Hires Executive Chairman
The Beachbody Company, Inc. hired Mark Goldston to the newly formed role of executive chairman of its Board of Directors. In this role, Goldston will partner with company co-founder and CEO Carl Daikeler to guide the company’s transformation, drive profitability and leverage its assets to drive growth.
Outdoor Product Sales A Reflection Of Shifting Post-Pandemic Lifestyle Trends
Sales across the $28 billion U.S. outdoor industry declined by 1 percent in the 12 months ending April 2023, versus the comparable prior-year period, impacted by consumers spending less on big-ticket equipment items and instead buying backpacks, blankets, camping accessories, and other versatile products.
Retail Market Breathes A Sigh Of Relief As West Coast Ports Deal Reached
The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on a new six-year contract covering workers at all 29 West Coast ports.
Retail Sales See Slight Uptick In May; Sporting Goods Stores Up 2.5 Percent
Retail sales increased 0.3 percent from April to May and gained 1.6 percent year-over-year. Economists polled by Reuters had forecast sales would decline 0.1 percent month-over-month.
Johnston & Murphy Hires VPs Of Stores And Business Operations
Johnston & Murphy hired Connie Cartmill, most recently at Janie & Jack, as vice president of stores and Steve Prince, formerly at New Balance, as vice president of business operations.
Sport 2000 Reaches €6.5 Bn In 2022 Sales; SGN Sports Leaving Group
Sport 2000 International, the world’s second-largest trade organization for independent sports retailers with 3,586 stores in 25 countries, recently reported it is reflecting on a successful year, closing the 2022 financial year with gross retail sales of €6.5 billion.
Google Introduces Virtual Try-On Using Generative AI
Google introduced a generative AI-powered virtual try-on option for shoppers searching for apparel online using digital models to represent an individual’s body type.
Polartec Introduces Fresh Face Metal-Free Odor Reducer
Polartec, a Milliken & Company brand, launched Fresh Face, a natural, renewable odor reducer for fabric technologies. The plant-based deodorizer offers a sustainable alternative to traditional fabric fresheners, leveraging the power of botanical mint oil. Debuting this season across Polartec Delta fabrics, the addition of Fresh Face technology minimizes odors within a garment. Fresh Face […]
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