Revenue growth for the full year is expected to be flat to up low-single-digits. Gildan also announced that its preliminary Q1 2024 net sales are expected at approximately $695 million, or down about 1 percent year-over-year.
Author: SGB Media

Five Iron Golf Expands into Port Chester, NY
Led by seasoned professionals John Cornelius, Jake Dowden, Jeff Kelly, and George Jamgochian, the 7,655-square-foot facility, features ten TrackMan simulators, housed within the Tarry Lighthouse development, situated between Greenwich, CT and Rye, NY.

Sergeant Names Ray “Cash” Care Global Brand Ambassador
Care, an ex-Navy Seal, joins the company as it prepares to launch an expanded product line of tactical, outdoor and survival gear with a new cross-platform ad campaign reaching service members, law enforcement, first responders, adventurers, and outdoor enthusiasts across the U.S.

SDS Imports Hires Christopher DiCenso as CEO
DiCenso’s career includes being a managing partner at Growth Strategy Partners, where he specialized in accelerating revenue, profit and organizational growth for firearm and related companies.

Terence Reilly Rejoining Crocs, Inc. as New President of HeyDude Brand
Terence Reilly will join the Crocs, Inc. executive leadership team on April 29, reportinh to company CEO Andrew Rees. Reilly succeeds Rick Blackshaw who is leaving the company effective immediately.

Bankruptcy Court Approves BowFlex Purchase Agreement
Under the terms of the Purchase Agreement, Johnson Health Tech agreed to acquire substantially all of the company’s assets for $37.5 million in cash, less certain adjustments.

Detroit Pistons to Bolster Executive Team
The club plans to reorganize and bolster its basketball front office, which includes filling the role of a new head of basketball operations, reporting directly to Tom Gores.

Prince Teams Up With Target on Limited-Edition Pickleball Collection
Prince, the tennis and lifestyle apparel brand, will release a limited-edition pickleball collection with Target on April 20.

BRC: UK Retail Sales See Good Recovery in March, Outpacing U.S. Trends
The British Retail Consortium said UK total March retail sales increased 3.5 percent year-over-year in March, cycling growth of 5.1 percent in March 2023. This was said to exceed the 3-month average growth of 2.1 percent and the 12-month average growth of 2.9 percent.

Johnston & Murphy Launches “Not Your Dad’s Shoe Company” Campaign
The “Not Your Dad’s Shoe Company” campaign is part of a strategic repositioning that “leverages the brand’s legacy while modernizing to remain relevant and breakthrough in today’s landscape.”

NRF Appears to Promote Two Monthly Sales Trend Reports with Differing Data
March’s core retail sales as defined by the NRF, based on the census data but excluding auto dealers, gas stations, and restaurants, were up 1.1 percent seasonally adjusted from February and up 3.2 percent unadjusted year-over-year.

Utah Black Diamonds to Open $25M Pickleball Center in SLC
The facility will be home to Utah’s Major League Pickleball team and serve as a high-end pickleball club for players of all levels.

Myzone Appoints New Group CEO as Stalker Moves to Advisory Role
Jay Worthy has been appointed Group CEO to steer the company through its next period of innovation and international growth. Outgoing Group CEO David Stalker step into an advisory role where he will continue to support global expansion and networking projects.

Unrivaled Sports Acquires Diamond Nation Sports Complex In New Jersey
The expansion follows Josh Harris, David Blitzer, and The Chernin Group’s recent launch of the company, which oversees seven baseball and softball facilities through Ripken Baseball, Cooperstown All-Star Village and Sports Force Parks.

Pickleball Kingdom Goes Global with Franchise India Group
Pickleball Kingdom, the largest indoor pickleball operator in the U.S., signed a licensing deal with Franchise India Group, bringing Pickleball to the Middle East.