In observance of the end of year holidays, SGB Media is taking time to be with family and friends and will adjust its Morning and Evening Update Newsletter publishing schedule
Category: Sports/Fitness
U.S. Consumer Confidence Shrinks in December Survey; Tariffs Top of Mind
The Consumer Confidence Index declined by 8.1 points in December to 104.7. A special question in the survey showed that 46 percent of U.S. consumers expected tariffs to raise the cost of living while 21 percent expected tariffs to create more U.S. jobs.
Fleet Feet Franchisee Expands Texas Footprint with New Brownsville Store
Hugo and Sandra Gutierrez opened a second Fleet Feet store in Brownsville, TX, expanding on their Fleet Feet store in McAllen, TX. The new store is in the Morrison Crossing Shopping Center.
Mastercard Spending Pulse Reports 2024 Holiday Sales Beat or Met Early Forecasts
Preliminary insights reveal that U.S. retail holiday sales, excluding automotive, increased 3.8 percent year-over-year from November 1 through December 24, exceeding the firm’s September forecast of 3.7 percent growth for the holiday sales period.
SGB 2024 Year in Review: Executive Shuffle—Part One
Rawlings, Brooks, Deckers Brands, Riddell, and SFIA were among companies and associations in the active outdoor lifestyle space that smoothly completed CEO transitions in 2024; however, the turnover for others was abrupt, headlined by two new leaders returning to Nike and at Under Armour.
Bollé Brands Partners with Optician Distributor for Western Europe
Seaport-ODLM will manage the distribution of Bollé, Serengeti and Spy+ products across several key European markets, including Germany, Italy, Austria, France, Spain, and Portugal.
Manna Tree Appoints Managing Director of Human Talent
The a global private equity firm in the health and wellness sector, has appointed former Cotopaxi executive Grace Zuncic as its first managing director of human talent, effective January 2, 2025.
SGB 2024 Year In Review: Active Lifestyle M&A—Part Two
SGB Media presents a roundup of M&A action in the industry for the second half 2024, including new deals struck or closed in the final days of 2024.
Fleet Feet Franchise Opens in Hattiesburg, MS
New owners Chris and Angie Walker opened their new Fleet Feet location in Hattiesburg, MS on December 17, with a Grand Opening scheduled for January 2025.
SGB 2024 Year In Review: Active Lifestyle M&A Activity Remains Quiet—Part One
While the active lifestyle industry again saw a number of smaller to medium-size acquisitions during 2024, major deals for the second year in a row were few and far between due to a combination of higher interest rates, an uncertain economy, and fewer consolidators. A roundup of M&A action in the industry for the first half of 2024.
Nordstrom Family and Mexico-Based Partner Acquire Nordstrom Business for $6.25B
The company has signed a definitive agreement under which Erik Nordstrom, Pete Nordstrom and Jamie Nordstrom, and other members of the Nordstrom family will own 50.1 percent and El Puerto de Liverpool, S.A.B. de C.V. (Liverpool), will own 49.9 percent of Nordstrom, Inc.
Sqairz Forms Medical Advisory Board to Elevate Brand
The formation of a Medical Advisory Board brings together accomplished doctors of sports medicine, biomechanics and physical therapy, whose insights will “allow us to continue to set new benchmarks for athletic footwear.”
CCM Hockey Partners with USA Hockey National Teams as Official Supplier
As part of this agreement, CCM said it will provide state-of-the-art equipment, including helmets, gloves, sticks, skates, protective gear and fans apparel to USA Hockey’s National Teams and their fans.
Fairfax Closes Transaction for Bauer Hockey Parent Peak Achievement Athletics
Peak announced in September Fairfax’s plans to acquire the remaining equity of Peak not owned by Fairfax, giving it control of the company. The deal includes Bauer Hockey, Cascade Lacrosse and Maverik Lacrosse.
Imperial Rebrands Peter Millar Soft Goods Licensing Division
Under the leadership of PGA of America member Andrew Blatnik, Peter Millar Licensing Co. will continue to offer an extensive range of soft goods accessories, including t-shirts, belts, and key fobs, in close collaboration with Peter Millar.
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