Signa Sports Prepares for Insolvency Filings

Signa Sports United (SSU), which earlier last week confirmed that it had lost a major funding commitment from its parent company, said its subsidiary, Tennis-Point GmbH, had filed for insolvency and the overall company is preparing for insolvency proceedings in the coming days.

Scheels to Build Second Texas All Sports Store in 2024

Construction on the new 240,000-square-foot All Sports store will begin early next year at CedarView in CedarPark, TX. The Cedar Park Scheels joins The Colony location which opened in a North Dallas suburb in 2020, expanding the company’s reach across the state.

FN America Breaks Ground on Second SC Manufacturing Plant

The manufacturing facility, built on FN’s foundation and history within the state, will be located in the Pickens County Commerce Park in Liberty, SC. The company will invest $33 million to construct the future 100,000-square-foot space over two phases.

Timberland Eyewear Drops Round Keyhole Sunglasses

Aligned with Timberland’s sustainability initiatives, the frames in this collection incorporate bio-based injected plastic and acetates, with percentages ranging from 35 percent to 80 percent depending on the style.

National Retail Federation Survey Sees Uptick in Holiday Spending

A NRF survey found that consumers expect to spend $875 on average on holiday gifts, decorations, food, and other seasonal items this year, up 5.0 percent from $833 on average that consumers planned to spend in 2022 and in line with the average consumer holiday budget over the last five years.

Topgolf To Open for First Venue in Massachusetts

Located about 20 miles from downtown Boston, Topgolf Boston-Canton will feature 90 outdoor climate-controlled hitting bays spanning three levels. The new venue is the first in Massachusetts, 84th in the U.S. and 94th globally.