Sun & Ski Sports announced the opening of its 31st store at Arundel Mills Mall in Hanover, MD at the former site of Modell Sporting Goods.
Author: SGB Media
Saucony Launches The New Triumph 19
Saucony announced it has launched its latest Triumph 19 with PwrRun+ cushioning. A new lightweight upper with enhanced breathability, combined with the brand’s proprietary FormFit technology, offer support with a sock-like fit. Design details and suede elements merge workout wear with casual wear. An ounce lighter than the previous model, the Triumph 19 promises faster […]
SFIA Hires New Marketing And Communications Manager
The Sports & Fitness Industry Association (SFIA) has appointed Lisa Futterman as its marketing and communications manager.
Reebok’s Journey With Adidas
Reebok’s sales peaked at $3.2 billion in 2004 and have shrunk to $1.4 billion in 2020. However, the brand was able to deliver growth for the majority of the 14 years under the ownership of Adidas and profitability ended being the main challenge toward the end. SGB Executive takes a look back at the brand’s ups and downs since being acquired by Adidas in 2016.
Nike Renames Alberto Salazar Building
Nike has renamed the Alberto Salazar Building on its Beaverton, OR campus to Next%.
Rouvy Secures $6 Million Investment
The Pale Fire Capital investment group reached an agreement to acquire a major stake in VirtualTraining, the Czech company behind the Rouvy indoor cycling and running software application.
Foot Locker Raises Quarterly Dividend By 50 Percent
Foot Locker Inc. announced that its Board of Directors declared a quarterly cash dividend on the company’s common stock of 30 cents per share, an increase of 10 cents per share or 50 percent.
Walmart Raises Guidance After Strong Q2
Walmart reported U.S. Q2 comp sales grew 5.2 percent year-over-year and gained 14.5 percent on a two-year stack. The retail giant raised its outlook for the second consecutive quarter, expecting FY22 Walmart U.S. comp sales of 5 percent to 6 percent and global eCommerce sales of $75 billion.
Bruce Akin Retiring As CEO Of B.A.S.S.
After 10 years serving as CEO of B.A.S.S., Bruce Akin will retire on September 30. B.A.S.S. Chairman Chase Anderson will assume responsibility for the organization’s day-to-day operations as CEO.
Peloton Begins Repairs On Recalled Treadmills
Peloton Interactive Inc. said it plans to install U.S. regulator-approved repairs to the touchscreen console on its treadmills starting this month after reports of injuries earlier in the year led to product recalls.
Fila Holdings’ Sales Expand 63 Percent In Second Quarter
Fila Holdings Corp. reported profits grew 198.2 percent in the second quarter as sales gained 63.1 percent. Sales for FILA USA grew 101.1 percent.
Li-Ning’s Sales Climb 65 Percent In First Half
Profits at Li-Ning rose 187 percent in the first half on a 65 percent revenue gain.
Academy Sports Partners With Whataburger
Academy Sports + Outdoors has partnered with Whataburger to launch an apparel line called Magellan Outdoors x Whataburger.
QBP Named Distributor Of Adidas Five Ten In Canada
Quality Bicycle Products has been named the new distributor of Adidas Five Ten cycling and climbing products in Canada.
Hayes Bicycle Group Strengthens Rep Force
Hayes Bicycle Group announced it has increased its U.S.representation by adding new agency partners.
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