Demonstrates the performance of bio-based materials for industry-wide adoption, reducing reliance on non-renewable sources of oil among a broader community of brands seeking innovative material solutions.
Author: SGB Media
International Golf Federation Enters Partnership with TMRW Sports
Founded by Tiger Woods, Rory McIlroy and sports executive Mike McCarley, TMRW Sports announced a strategic partnership withh the International Golf Federationfocused on harnessing technology to increase golf participation.
Saucony Releases Redesigned Hurricane 24
The revamped Hurricane 24 boasts a dual cushioning system of PwrRun PB and PwrRun, for the “ultimate” cushioning experience.
Brownells Named European Distributor for Alpha Munitions
Products available from Alpha Munitions through Brownells Europe include Precision Rifle Brass, Alpha OCD (Optimized Case Design) Brass, and Reloading Components.
Osprey and Hydro Flask Parent Cuts Fiscal Year Outlook on Weak Consumer and DC Issues
Home & Outdoor net sales revenue, which contains the Osprey Packs and Hydro Flask brands, decreased 8.6 percent to $198.5 million in the quarter, compared to $217.1 million in the prior-year quarter.
Johnston & Murphy Revamps Two Mall Locations, Remains Focused to Retail Expansion
Redesign stores at Short Hills and Twelve Oaks aim to capitalize on the bounce back of America’s malls, attracting a younger consumer looking for an “engaging retail experience and instant gratification.”
EXEC: Columbia Sportswear Shares Tick Up on Analyst Upgrade
The last big jump for Columbia came after 2024 first-quarter results surpassed analysts EPS expectations and revenue also came in ahead of consensus estimates. COLM shares jumped 10.6 percent at the time. COLM shares are now flat for the year.
EXEC: New Report Sees E-Commerce Growth Rate Contracting 70 Percent by 2029
According to data presented by Stocklytics.com, the annual growth rate in the e-commerce sector is now expected to slow to just 4.6 percent by 2029, or 69.3 percent lower than the forecasted 2024 growth rate.
NRF: Consumers Face ‘Critical Moment’ Waiting on Fed
National Retail Federation Chief Economist Jack Kleinhenz said the Fed must balance using high interest rates to reduce inflation with the risk that keeping rates too high for too long could slow the economy to the point of recession.
ITF Launches Tennis Photo of the Year Competition for Pros and Amateurs
“…we wanted to give photographers, both amateur and professional, a chance to have their creativity recognized. I would encourage anyone who captures a special tennis moment at any level of the game to enter our competition, to be in with a chance of global exposure and a fantastic prize.” —David Haggerty, ITF President
GameAbove Sports Acquires Fourth Founding Big3 Expansion Team
GameAbove Sports announcement follows the purchase of rights to the LA, Miami and Houston Big3 franchises earlier this year. The league is in the fifth week of Big3’s seventh season, which continues to tour nationwide via linear, streaming and digital platforms.
UNL Names 1890 Nebraska Official NIL Collective of Nebraska Athletics
The University of Nebraska Athletic Department named 1890 Nebraska the official name, image, and likeness (NIL) collective of Nebraska Athletics.
NSGA: Former Board Chairman and Source for Sports Founder Al Anderson Passes Away
Al Anderson, the only Canadian to serve as Board chairman of the National Sporting Goods Association (NSGA), passed away on July 2. He was 92.
Protect Our Winters Appoints COO
Ryan Laemel is the first chief operating officer operations, overseeing financial planning, training, events, Athlete and Science Alliances, and Team POW, POW’s member program.
Lifetime Products CEO Richard Hendrickson Killed in Family Car Accident
The accident also claimed the life of his daughter Sally. Richard’s wife and two of their other children sustained non-life-threatening injuries in the accident. Another daughter was traveling overseas and was not in the vehicle.
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