RunSignup in an October industry update said aggregated registration data continue to show signs of gradual improvement for the endurance race industry after the long-tail effects from the pandemic.
Author: SGB Media
PXG Opens Store In Indiana
PXG opened its first retail store in Indianapolis, IN.
Houdini Sportswear Opens Store In Kungsgatan, Sweden
Houdini Sportswear opened a store in Kungsgatan, Sweden. Electrolux, a long-time partner, installed a laundry service in the space to showcase its garment care. The space also has a kitchen for consumers to connect.
Kohl’s CEO Steps Down To Take President Role At Levi Strauss
Michelle Gass, CEO of Kohl’s, is stepping down early next month to become the president of Levi Strauss & Co. Levi’s said Gass would start work and join its Board on January 2. The Board began a succession plan for her to succeed Chip Bergh as president and CEO in the next 18 months.
Nautilus Drops Schwinn 190 and 290 Bikes For The Holidays
Timed for the holidays, Nautilus introduced the Schwinn 190 Upright and Schwinn 290 Recumbent bike. Both bikes are connectable to its JRNY digital fitness platform, featuring terrain control technology, new design elements and functionality for all fitness levels. “We know it’s a challenging economy, and our research tells us that consumers are sticking with home […]
Breaking: Arne Freundt Takes Reins Of Puma SE
The Supervisory Board of Puma SE has decided that Arne Freundt, Puma’s chief commercial officer, will become chairman of its Management Board and CEO of Puma SE effective immediately after announcing that Bjørn Gulden would become CEO of Adidas AG.
USA Triathlon Names Chief Executive Officer
USA Triathlon named Victoria Brumfield as CEO. She has been the organization’s interim CEO since early September 2022.
Canada Goose Adds Chief HR Officer
Canada Goose hired Jess Johannson as chief human resources officer, overseeing its global teams within HR, including talent acquisition, employee experience, training, and global policy.
Planet Fitness Raises Guidance Slightly On Strong Third Quarter
Planet Fitness Inc. slightly raised its outlook for earnings and sales for the year as system-wide same-store sales in the third quarter ended September 30 increased 8.2 percent.
Peloton And Echelon Settle All Pending Litigation
Peloton Interactive, Inc. and Echelon settled all pending litigation between the businesses. As a result, Echelon agreed it would cease using Peloton’s patented leaderboard technology in its on-demand classes.
Adidas Makes It Official With Gulden’s CEO Appointment
Adidas AG reported that Bjørn Gulden, Puma’s CEO, will be appointed as a member of the executive board and CEO of Adidas AG, effective January 1, 2023.
Inov-8 Opens First Showroom In Europe
UK-based Inov-8 opened its first showroom in Annecy, France. “The showroom will be a basecamp for all customers, media contacts, friends, and family living within the heart of the French Alps,” said Manu Fedon, Inov-8 sales manager for France.
Fanatics Hires Director, Business Development, Australasia
Fanatics hired Tyler Emsden as director of business development across Australia and New Zealand, responsible for growing the business and building partnerships with sports teams, leagues and organizations.
Sun & Ski Sports To Open 32nd Store
Sun & Ski Sports will open its 32nd store in Phoenix/Paradise Valley, AZ, on November 11, in the former space occupied by Staples located off Tatum Blvd.
Adidas Debt Ratings Outlook Revised To Negative
S&P Global Ratings reduced its debt ratings outlook to negative from stable due to the company’s recent operating performance deterioration and increased leverage.