Ongoing perceptions of inflation and a cost-of-living squeeze will keep spending steady from last year as K-12 parents weigh prices and priorities in preparation for the new school year as they budget for necessities and make room for a few indulgences.
Author: SGB Media
Pearl Izumi Promotes Daran Godfrey to VP/GM
Godrey has been Pearl Izumi’s director of U.S. sales under the United Sports Brands umbrella for the past two years. Godrey brings two decades of sales management experience in the cycling space to the role.
EXEC: Merida Bikes Reports Passing of R&D Center CEO and Head of Product
Jürgen Falke, the long-standing CEO and co-founder of Merida R&D Center GmbH in Germany, who recently stepped down from his position for health reasons, passed away on June 13 at the age of 61 after a short, serious illness.
Recreational Boating & Fishing Foundation Adds to Board of Directors
Emily Cope, the deputy director of Wildlife and Freshwater Fisheries at the South Carolina Department of Natural Resources, was appointed to the RBFF Board of Directors, enhancing her extensive experience in wildlife and biology.
LeBron James Family Foundation Partners with Canyon Bicycles
As part of this partnership, Canyon will donate its Grand Canyon Young Heroes bikes to this year’s class of I Promise students after the academic year to support the Foundation’s “earned, not given” philosophy.
Rally House Opens in Lakewood, CO
The Lakewood location is the company’s third storefront in the state after opening Rally House Outlets at Castle Rock and Rally House Alcove on Arapahoe at the beginning of June.
Sportsman’s Warehouse Appoints SVP of Marketing, E-commerce & Loyalty
Susan Sanderson is responsible for the company’s digital and traditional marketing, e-commerce, brand strategy, omni-channel experience, and loyalty programs.
Gymshark Opens Second UK Store, Eyes U.S. Expansion
Gymshark Stratford, Westfield store, follows the successful opening of its debut flagship, which opened on London’s Regent Street in 2022. Founder and chief executive, Ben Francis, has his site’s set on U.S. growth with plans to open a New York City pop-up in the next 12 to 18 months.
NRF: Consumers Just Getting Started on Planned BTS Purchases
The NRF noted in its report that while shopping is well underway, most (86 percent) consumers still have at least half of their purchases left to make.
Big Peach Running Co. Partners with Runners Fit on New Franchise Store
The store will remain open while a new sign is installed and other changes are made to convert the store’s branding to Big Peach, with the final conversion steps slated for late July.
Fieldsheer Hires Indie Sales Agency to Boost New England Territory
Gale Force Outfitters will represent Fieldsheer’s temperature-controlled apparel lines focused primarily on its Mobile Warming products in New England, where it has strong ties with the ski market.
EXEC: Merida Bikes’ June Sales Surge Fuels Big Second Quarter Gain
Second-quarter revenues were up 24.8 percent to NT$9.29 billion, with revenues for June 2024 increasing 48.7 percent, May sales growing 7.5 percent and April sales surging 24.0 percent year-over-year.
Johnson Health Tech Taps Bowflex Vet for HQ Sales for Home International Market
Matteo Corrada will lead the strategic sales efforts for all international home business expansion, including the BowFlex, Schwinn and Horizon brands. Most recently, he worked at BowFlex, which was acquired by JHT in April 2024.
Macy’s Terminates Arkhouse and Brigade Buyout Talks Over Financing Uncertainty
The Macy’s Board of America intends for the management team to return its full focus to enhancing shareholder value through the execution of the company’s “A Bold New Chapter” strategy.
EXEC: Asics raises Full-Year Forecast on Strong H1 and Q2 Results
Net sales for the full year are expected to reach a record high of ¥660 billion with updated currency exchange rates, an increase of 15.7 percent versus ¥570.5 billion in fiscal 2023, excluding FX rate fluctuations.
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