Yamaha U.S. Marine Business Unit hired Chris Postanowicz as senior manager of Marine Financial Planning and Analysis.
Author: SGB Media

3Step Sports Acquires EDP Soccer
3Step Sports acquired EDP Soccer, reporting that the merger will make the company the “largest owner-operator of youth soccer leagues in the United States.” EDP Soccer also owns International Sporting Events and New York Club Soccer.

La Sportiva Releases New Skis and Alpine Touring Boots for 2024
La Sportiva is releasing four new ski models for 2024—Capo, Tempo, Sorriso, and Salto, and two new lightweight alpine touring boots, Kilo and Stratos Hybrid.

Vuori Opens Stores In New York City and Chicago
Vuori opened new stores in New York City and Chicago, representing a second location for the brand in each city. The NYC store opened on the Upper East Side, the Chicago storefront in Lakeview.

Sports Direct Parent Acquires Menswear Retailer John Anthony
Frasers Group, the U.K.-based parent of Sports Direct, reported it acquired John Anthony, a U.K.-based retailer offering a mix of designer collections from new and established labels.

Nike Extends Agreement with University of Cincinnati
Nike, Inc. reported it extended its sponsorship agreement with Cincinnati University through 2029. The new program begins in 2025, with Nike providing the team uniforms, shoes and other accessories to the Cincinnati Bearcats.

KastKing Taps Macalanda as Social Media and Influencer Strategist
KastKing hired marketing and social media influencer RJ Macalanda as social media and influencer strategist. Macalanda has reportedly seen “explosive growth and viewership from his start-up fishing brand, Fish Boss.”

Sam’s Club to Reopen Store In Grapevine, TX
Sam’s Club reported plans to reopen in Grapevine, TX, in late 2024 after closing the store due to storm damage incurred in December 2022.

Li-Ning Buys Commercial Property to Support New Hong Kong HQ
Based in Beijing, Li-Ning announced plans to acquire a 25-story mixed office and retail building in Hong Kong for $2.2 billion (US$282 million) to house its headquarters.

Study: Retailers See Online Sales Boosted by Store Openings
ICSC quantified the impact of opening or closing physical stores on online sales and retailers’ overall performance. Its latest study, the third installment in ICSC’s research on the halo effect of brick-and-mortar retail on online sales, is said to again prove the power of physical retail by demonstrating that a new store boosts online sales, while a closed store impedes them.

Vista Outdoor, Sport Dimension Renew Jimmy Styks License
Vista Outdoor, Inc. and water sports products manufacturer Sport Dimension, Inc. announced the renewal of their Jimmy Styks LLC brand license covering stand-up paddle boards, inflatable stand-up paddle boards, kayaks, and water mats.

PVH Appoints New Leadership
PVH Corp. hired Sophia Hwang-Judiesch as president of Tommy Hilfiger North America and promoted Amba Subrahmanyam to chief people officer.

Oberalp Group Hires New Sales and Marketing Director
The Oberalp Group, which owns Salewa, Dynafit, Pomoca, Wild Country, and Evolv, hired Loren Morshead as sales and marketing director for North America for the five brands in the U.S. and Canada.

Fitbit Fined in Australia Over Misleading Claims
Fitbit was fined $11 million by the Australian Competition and Consumer Commission (ACCC) after the maker of smartwatches and fitness trackers admitted that it misled consumers over its return policies.

Millennium Health and Fitness Announces New Ownership and Leadership
Millennium Health and Fitness was acquired by CrestPeak.Heather Collins, formerly the company’s COO, is now president. Kathleen Zumbar was appointed COO.