Coming up on two years since the 2020 recession, the U.S. appears to be at the midpoint of an economic cycle that could continue to see growth even as the Fed raises interest rates to bring inflation under control, NRF Chief Economist Jack Kleinhenz said.
Author: SGB Media
RunSignup RaceTrends Report Shows 21.6 Percent Growth
RunSignup released its Annual RaceTrends Report that showed participation in endurance events on its platform in 2020 and 2021 had an average growth rate of 21.6 percent; however, participation was down from the pre-pandemic year.
PGA Tour Superstore To Open Eight Stores In 2022
PGA Tour Superstore said it reached its 50-store milestone in 2021 and plans to open at least eight new stores in 2022. The expansion plan comes as the retailer said it recorded record sales growth in fiscal 2021 while continuing to gain market share.
Original Penguin Welcomes Ajla Tomljanović As Brand Ambassador
Original Penguin by Munsingwear, a division of Perry Ellis International, announce it signed Ajla Tomljanović as its first tennis brand ambassador. “Ajla embodies all that Original Penguin stands for, and we are proud to have her represent our new fashion andperformance-enhancing collection of apparel and accessories as she embarks on the next stage of her […]
The Vitamin Shoppe’s First Franchise Store Opens
The Vitamin Shoppe announced the launch of its first franchise store, located in Greensboro, NC.
Front Runner Outfitters Launches Slimsport Roof Rack System
Front Runner Outfitters (Front Runner), the South African-based adventure travel gear company, launched its Slimsport Roof Rack system. The system provides an additional entry point in the Overlanding market, beginning with compatibility for five vehicle models. Following the introduction of the brand’s Slimline II Roof Rack system, the Slimsport Roof Rack is for activity-focused drivers that do not require an […]
Foot Locker CEO Dick Johnson To Chair RILA Board Of Directors
The Retail Industry Leaders Association (RILA) announced that Foot Locker, Inc. Chairman and CEO Richard “Dick” Johnson will serve as the new chair of the Association’s board of directors.
Osprey Introduces Ozone Ultralight Luggage Series For Fall 2022
For Fall 2022, Osprey has introduced its Ozone ultralight luggage series with “cutting-edge technology and sustainable build with just the right organization and style.” The series includes: Ozone 4-Wheel 85L/30″ Ozone 2-Wheel Carry-On 40L/21.5″ Ozone 4-Wheel Carry-On 38L/21.5″ Ozone Laptop Backpack Ozone Carry-On Boarding Bag Features include Patent-pending High Road LT4 diagonal wrap-around aluminum frame […]
True Fit Appoints CTO And General Counsel
True Fit announced the appointment of Raj Chandrasekaran, as its chief technology officer (CTO), and privacy expert Tracy Gray, as general counsel.
Earth Shoes Appoints New CEO
Earth Shoes has appointed Alison Bergen, formerly CEO of Aerosoles, as CEO. She takes over day-to-day leadership from former president Mark Parsley, who has left the company.
Stio Launches Glove Collection For Mountain Lifestyle
Stio expanded its line with a glove collection featuring seven styles for use in winter that feature PrimaLoft Gold insulation, Pittards leather grips and Gore-Tex waterproof technology. “Keeping your hands warm and functional during winter can completely save your day. It enables us to stay outdoors longer, enjoying the activities we love most,” said Stio […]
Recall: Matrix Fitness Treadmills
About 19,900 Matrix T1 and T3 Series commercial treadmills from Johnson Health Tech were recalled.
Black Creek Outfitters Is Closing
Black Creek Outfitters, the specialty outdoor retail for nearly 40 years, announced it is closing its store in conjunction with the sale of its lakeside retail property.
Report: Peloton’s Apparel Growth Targets Slashed
Peloton has significantly reduced its 2022 sales projections for its apparel business, according to internal documents obtained by CNBC.
BSN Sports Acquires Nicklasson Athletic
BSN Sports, a division of Varsity Brands, announced it had acquired Nicklasson Athletic based in New Ulm, MN.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal