Golfzon Range by Leadbetter—a new concept in indoor golf training from Golfzon and instructor David Leadbetter—will open its second location in Westbury, N.Y. in March.
Author: SGB Media
Wolverine Improves Margins in Tough Q4; Sees Double-Digit Decline for 2024
Fourth quarter revenue from the ongoing business was $521.2 million and declined 18.4 percent on a constant-currency basis, with all segments and brands posting declines.
EXEC: Havaianas Parent Ends 2023 on Low Note; Works to Conserve Cash
Havaianas revenues for the fourth quarter declined 8.7 percent year-over-year (YoY) to R$991.8 million. International revenues were down 48.9 percent to R$96.6 million in the period.
Camping World Chair and CEO Named Executive Chair at Beyond, Inc.
Marcus Lemonis has been a director of Beyond since October 2023 and the chairman of its Board since December 2023. As executive chairman, he will work closely with the management team to lead and execute Beyond’s strategic priorities.
Malibu Boats, Inc. Sees C-Suite Shuffle; Re-Affirms Outlook
Ritchie Anderson, company COO, was promoted to president, effective immediately. Michael Hooks, chair of the Board, will become executive chair, effective immediately. CEO Jack Springer is leaving the company on/or before May 17, 2024.
Shaq and Reebok Collab with Pepsi, Debut The Pepsi Sneak’er
Pepsi collaborated again with Shaq, president of Basketball at Reebok, on the Pepsi ‘Sneak’er, a custom-built Reebok Pump Shaq Attaq that holds a mini can of Pepsi in the sole courtesy of the Shoe Surgeon.
PXG Expands Owned-Retail with SF East Bay Location
The golf equipment maker has embarked on what it calls its “strategic store expansion” opening its first brick-and-mortar location in California in Dublin, which is in Alameda County, east of Oakland.
EXEC: January Footwear Manufacturing Revenues Jump at Feng Tay
Analysts have noted in reports that the market should not get too excited with the revenue decline in January 2023 or the increase in 2024 in China, Taiwan or Vietnam due to the shifting dates for Chinese New Year.
Deion Sanders Takes Ownership Stake In Redcon1
Redcon1 and Sanders have been developing a Prime Time-inspired line of products, which will debut with an energy drink.
Helinox Appoints New Global Executive Team
Andrew Shand was promoted to president and global chief operating officer following five years of building the company’s infrastructure and business in Europe.
Romp Skis Acquired by Former Crested Butte Retail Technician
New owner Chase Gardaphe, who worked at Flatiron Sports in Crested Butte for the 2007/08 season following college, started his career in manufactured housing in 2008 before receiving his MBA.
Walmart Inc. Tops Wall Street Estimates in Strong Q4 Performance
Consolidated revenue was $173.4 billion for the fourth quarter, up 5.7 percent, or 4.9 percent in constant-currency terms, topping Wall Street estimates. Global e-commerce sales grew 23 percent for the period.
Light Up Your Run with Garmin Forerunner 165 Series
“With personalized training plans, advanced running and recovery metrics and 24/7 wellness monitoring, these user-friendly smartwatches include impressive tools to help you cross the finish line.” –Dan Bartel, Vice President of Global Consumer Sales, Garmin
Macy’s Receives List of Board Nominations from Rejected Buyout Suitor
Macy’s formally rejected the $5.8 billion bid from Arkhouse and hedge fund Brigade Capital on January 21. Financing, or the lack of a solid plan to secure it, was called out as the primary reason.
Adidas Revamps Supernova Franchise + Adds Men’s and Women’s Apparel
The Supernova franchise includes the Supernova Rise, with two new models, the Supernova Solution and Stride, complemented by matching apparel for men and women.
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