Louie’s Sporting Goods, now operating one location at Manitowoc, WI, will be closing on December 23, according to a report from WBAY.com.
Author: SGB Media
Blue Tees Golf Appoints Head Project Manager
Blue Tees Golf, a producer of golf rangefinders and accessories based in San Francisco, CA, has selected Sarah Richardson to oversee communications and collaborations cross-departmentally as its head project manager.
LIV Golf Investments Appoints Chief Operating Officer
LIV Golf Investments focused on making strategic investments in golf, announced that it had appointed Atul Khosla as chief operating officer. Khosla was most recently the chief corporate development and brand officer for the NFL’s Tampa Bay Buccaneers.
The Running Event Draws 200 Exhibitors
The Running Event, held last week in Austin, said it drew 200 exhibitors, marking a return after being canceled in 2020 due to the pandemic.
F45 Partners To Help Fund International Expansion
F45 Training Holdings Inc. has partnered with Swoop Funding, a platform that offers small- and medium-sized businesses financing options. Through this partnership, new and existing F45 franchise owners will have access to Swoop’s network of direct lenders to provide financing solutions to franchisees.
YakAttack Secures PE Funding
L2 Capital Partners, L.P. announced the recapitalization of YakAttack, LLC, a manufacturer of branded mounted aftermarket accessories primarily used to outfit and rig kayaks for fishing.
Johnson Outdoors Reports Record Sales And Earnings For Fiscal Year 2021
Johnson Outdoors Inc. announced higher revenue and earnings for the fiscal year ending October 1, 2021. Continued high demand for products in Fishing, Camping and Watercraft Recreation propelled a 26 percent increase in sales as operating profit grew 56.6 percent and net income rose 51 percent over the prior fiscal year.
Kids Foot Locker Opens First Community Store In Miami
Kids Foot Locker has opened its first House of Play community store in Miami, FL, serving local communities with a family experience rooted in play. More stores are planned for 2022.
Academy Sports Raises Outlook As Q3 Results Top Wall Street Estimates
Academy Sports + Outdoors again raised its outlook for the year after reporting results for the third quarter ended October 30 easily surpassing Wall Street targets. Comparable sales were up 17.9 percent on top of 16.5 percent last year.
Frasers Group Sales Expand 24 Percent In First Half
Frasers Group, the U.K.-based parent of Sports Direct, reported sales grew 23.6 percent in the 26 weeks through October 24.
Vail Resorts Shrinks Q1 Loss
Vail Resorts, Inc. reported a slightly narrower loss in its fiscal first quarter ended October 31, strong pass sales results for the upcoming 2021/22 North American ski season, and reaffirmed its guidance for Resort Reported EBITDA for fiscal 2022.
American Outdoor Brands Q2 Sales Slide
American Outdoor Brands Inc. reported sales declined 10.5 percent in the second quarter ended October 31.
Urban Outfitters Appoints Board Member
Urban Outfitters, Inc. announced effective December 7, 2021, it had expanded the size of its Board from 10 to 11 seats and elected Kelly Campbell as an independent director.
Lululemon Again Hikes Outlook On Q3 Beat
Lululemon Athletica Inc. reported net income rose 30.7 percent in the third quarter on a 30 percent revenue gain. Results topped guidance and the retailer raised its outlook for the year.
El Cap-Movement Merges Banner Names To Movement Brand
El Cap-Movement announced that the company is moving its Earth Treks and Planet Granite gyms under the Movement brand umbrella to simplify and clarify its marketplace position.
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