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.
Author: SGB Media

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.

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

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.

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.

NGF Measures Off-Course Consumers in Latest Golf Participation Report
The National Golf Foundation’s took a different approach this time around in assessing who is swinging a golf club in this time of shifting demographics, changes in venue types and consumer behaviors in a post-COVID world.

Spenco launches Golf Stability Insole
“These insoles offer a unique solution for golfers who want to enhance their performance and enjoy their game more.” —Michael Polk, CEO of Implus

EXEC: Giant Group Reports Moderating Sales Decline in January
The January decline at the bike manufacturer represents the third straight month of moderating declines and the smallest decline since June 2023

Garmin Awarded No. 2 Spot on Forbes Best Large Employers List
Garmin with awarded the No. 2 spot by Forbes on its 2024 America’s Best Large Employers list, the company’s highest ranking to date, and the highest among tech companies.

EXEC: Rip Curl, Oboz Down Sharply in Fiscal H1 Against Tough Comps
KMD Brands Limited, the parent company of Kathmandu, Oboz and Rip Curl, reported a preliminary update of its results for the 2024 fiscal first half ended January 31.