Puma signed a long-term partnership with Bundesliga football club RB Leipzig to equip all men’s, women’s and youth teams from the 2024/25 season onwards.
Author: SGB Media
Life Time Group Swings to Full Year Profit as Revenue Passes $2 Billion Mark
Full year revenue increased 21.6 percent to $2.22 billion due to continued strong growth in membership dues and in-center revenue. Fourth quarter revenue increased 18.2 percent to $558.8 million.
Kontoor Brands Appoints New Director to Board
Mary Campbell was elected to Kontoor’s Board of Directors effective immediately, increasing the size from seven to eight directors.
Life Time Grows Garden State Presence to Eight Locations
Located off the Garden State Parkway at 230 Half Mile Road in Red Bank, Life Time Middletown-Red Bank employs 230 full and part-time employees as part of the 127,000-square-foot space.
Life Time Appoints Andre Agassi as Chair of Pickleball and Tennis Board
With Founder, Chairman and CEO Bahram Akradi, who will serve as Board Co-Chair, Agassi will spearhead efforts to elevate the profile, programming, leagues, and community of tennis and pickleball.
EXEC: Big 5 CEO Talks Efforts to Offset One-Two Punch from Weather and Economy
The Apparel category was down approximately 30 percent year-over-year in the fourth quarter. The Footwear category was down approximately 17 percent and the Hardgoods category was down approximately 11 percent for the period.
Puma Brings Back Avanti in Limited Edition White and Spotted Calf Hair
Unlike the previous all-leather drops, the Avanti Pony is made with calf hair uppers in two colorways.
Big 5 SG Posts Q4 Loss on Sharp Decline in Same-Store Sales
For the fiscal 2024 first quarter, BGFV expects same-store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter.
Primary Arms Optics Names Simmons’ Sporting Goods Dealer of the Year
Simmons’ Sporting Goods is the South’s largest independent single-location outfitter, occupying over 80,000 square feet and offering a vast range of archery, firearms and outdoor gear.
Vision Fitness Appoints GM for U.S. Commercial Business
Chris Torggler was hired as general manager of the U.S. Vision Commercial Group. He brings 30 years commercial fitness industry sales and product leadership experience to the new role.
Report: Half of Camping Property Owners Added Campsites in 2023
The Dyrt reported that the addition of new campsites was spurred, in part, by results from the previous year’s report, when 58.4 percent of campers reported difficulty booking a site because a campground was sold out.
Primus Taps Silva Distributor and Sales Reps for Canada Expansion
Rock Gear Distribution, the exclusive Canadian distributor for Primus-Silva Sweden AB, has reached new agreements with its existing Silva sales agencies to now represent Primus as well.
Game One Appoints Chief Executive Officer
Team sports retailer Game One promoted company president Pat Weber to chief executive officer, effective February 16, 2024. As CEO he will also maintain his role as president of the company.
The Athlete’s Foot Posts 7 Percent Sales Increase in Fiscal 2023
The Athlete’s Foot sneaker and streetwear chain has 550 stores and e-commerce shops in 30+ countries. Its global headquarters are in Stans, Switzerland, and Atlanta, Ga. in the United States.
Macy’s Inc. Swings to Q4 Loss on $1 Billion Charge for New Plan, Store Closures
Included within the charge is a roughly $950 million non-cash asset impairment charge, primarily related to the approximately 150 locations planned for closure and the remaining associated with corporate assets.
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