REI reported it will open a retail store in Beavercreek, OH, in spring 2024. The 23,000-square-foot space will operate in the Beavercreek Shopping Center at 2650 N Fairfield Road.
Author: SGB Media
Anytime Fitness Sees Double-Digit Franchise Growth in Q3
Self Esteem Brands, the parent of Anytime Fitness based in Woodbury, MN, reported Anytime Fitness franchise locations saw double-digit increases in same-store sales in the third quarter over the same period in 2022.
Shein Acquires Missguided Brand from Frasers
Frasers, the U.K.-based parent of Sports Direct, reported it plans to sell the intellectual property and trademarks of the Missguided online women’s fashion retailer to Shein.
Garmin Distributor for India Expands Category Representation
Under the new agreement, Amit India will add Garmin fitness, outdoor recreation and consumer automotive products to its existing lineup of Garmin marine products that it began distributing in 2017.
PedalCell to Cease Operations
PedalCell, a manufacturer of weather-proof generators for power bikes, announced it will cease operations on January 1.
Rhone Secures New Investors
Rhone, the men’s activewear and lifestyle brand, formed a new consortium of investors, including Blackstone executive and ex-football star Tim Tebow, to buy out the approximately 29 percent stake in the company owned by private equity firm L Catterton.
BlackStrap Makes Sales Hires
BlackStrap, based in Bend, OR, hired Chris Vaday as senior director of sales and Valerie Axworthy as sales operations manager.
EXEC: Columbia Sportswear Sees Rocky Road Ahead for Wholesale Business
The company is forecasting a low-double-digit percent decline in wholesale net sales in first half 2024. The company added that it expects the wholesale net sales decline will be partially offset by continued growth in the global DTC businesses.
New Balance Appoints Director, Global Apparel Planning
New Balance promoted Stephen Butch to director of global apparel planning, effective immediately. He has worked for New Balance since 1995, starting as a sales associate in the brand’s Boston factory outlet store.
Mystery Ranch Promotes Fleming to Marketing Director
Mystery Ranch promoted Michelle Fleming to marketing director. She has worked for the company since earlly 2021. Most recently, Fleming wasa the senior product marketing manager after two years as product marketing manager.
Altra Running Hires Run Industry Vet as Director of Merchandising
Altra Running hired Samantha Terral as director of merchandising, effective immediately. Most recently, Terral was the digital/e-commerce manager at Saucony.
Authentic Expands Deal With Shein for Forever 21
Authentic Brands Group signed a long-term agreement with the Chinese fast-fashion giant Shein to produce a co-branded clothing line with Forever 21. The collaboration follows Shein’s move in August to acquire about a third of Forever 21′s operator, Sparc Group, with plans to explore new ways to reach customers.
Report: Golf Apparel Sales Decline for Third Straight Month in September
Galk Datatech is reporting that golf apparel sales were down in on-and off-course specialty stores for the third consecutive month in September, falling 3.7 percent after declining 3.5 percent in August and a 3.6 percent decrease in July.
Newell Outdoor & Recreation Segment Declines Another 20 Percent in Q3
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo. The Outdoor segment’s 20.1 percent sales decrease in the third quarter was the fifth consecutive quarter with a segment sales decline in excess of 20 percent.
Winchester Ammunition Sales Decline 8.2 Percent in Third Quarter
The decrease in Winchester sales was said to be primarily due to lower commercial ammunition shipments and pricing, partially offset by higher domestic and international military sales.
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