Frasers Group has bought online retailer Studio Retail out of administration, the U.K equivalent of bankruptcy proceedings, for £26.8 million ($36M).
Author: SGB Media
REI To Open In Gretna, Nebraska
REI Co-op will open its first Nebraska store in Gretna in fall 2022.
IHRSA 2022 To Take Place In Miami Beach
IHRSA’s 41st International Convention & Trade Show (IHRSA 2022) is set to take place from June 22-24, 2022, in Miami Beach, FL, at the Miami Beach Convention Center.
U.S. Golf Rounds Played Drop In January
According to Golf Datatech, U.S. rounds of golf played fell 12.2 percent in January compared to January 2021.
The Buckle Announces Leadership Appointments And Changes To Executive Team
The Buckle, Inc. announced eight leadership appointments to Vice President for the company and changes to its executive leadership team, effective immediately.
Fox Factory’s Q4 Sales Climb 31 Percent
Fox Factory Holding Corp. reported adjusted earnings rose 17.3 percent in the fourth quarter on a 30.5 percent revenue gain. This increase reflects a 46.7 percent increase in Specialty Sports Group sales and a 18.6 percent increase in Powered Vehicles Group sales.
Foot Locker Forecasts Steep Comp Decline In 2022 As It Reduces Sales From Nike
Foot Locker Inc. reported fourth-quarter earnings exceeded Wall Street targets but guided 2022 revenues well below Wall Street targets as it expects to reduce sales from Nike Inc. to below 55 percent of its mix by the fourth quarter of 2022 from about 65 percent in the 2021 fourth quarter. As a result, same-store sales in 2022 are expected to decline 8 percent to 10 percent.
Flexia Launches Smart At-Home AI-Enabled Pilates Reformer
Flexia Pilates released its AI-enabled Pilates Reformer. It provides real-time feedback and tracks progress to make personalized recommendations to help users reach their fitness goals. The Reformer offers a dedicated virtual studio that allows users to stream certified instructor-led Pilates classes on demand. The professional-grade, easy-to-adjust smart Reformer uses goals and movements to improve form […]
Aquasphere Adds Triathlete Sam Long To Ambassador Roster
Aquasphere, the swimming and triathlon brand, announced 70.3 World Championship silver medalist Sam Long is joining its roster of ambassador athletes. As part of the partnership, Long will train and compete using Aquasphere’s range of products including its eyewear, wetsuits and training equipment. Long joins a roster of world champion athletes on its global Team […]
Nike Appoints New SNKRS VP
Nike has named Lucy Rouse as its VP/GM overseeing SNKRS, Nike’s marquee app for releases and content, according to an internal e-mail obtained by Complex.
ABG Inks Deal To Co-Own And Manage David Beckham’s Brand
Authentic Brands Group (ABG) entered into a deal to co-own and manage David Beckham’s global brand. The terms of the deal, which makes Beckham a shareholder of ABG, were not disclosed.
British Cycling Brand Parcours Appoints Marketing Manager
British cycling brand Parcours appointed Amy Marks as marketing manager.
CODI Delivers Fourth Straight Quarter Of Record Results
Compass Diversified (CODI) reported earnings nearly tripled in the fourth quarter as sales grew 27 percent. Said Elias Sabo, CODI’s CEO, “Our consumer business again delivered solid results, driven by continued strong performance at our most recent acquisitions, and our niche industrial business experienced increased demand for their products during the fourth quarter.”
Skechers Signs As Official Footwear Sponsor Of US Open Pickleball Championships
Skechers announced it has signed on as the official footwear sponsor of the US Open Pickleball Championships. “Pickleball adds another pillar to our established running, golf and performance walking business. This sport is easy to learn and great for families, so footwear featuring our advanced comfort technologies will be a perfect fit for casual and […]
Daiwa Appoints National Sales Manager
Daiwa Corporation announced it promoted National Accounts Manager Gerad Cawhorn to national sales manager.
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