The retailer ended the 2023 fiscal year with annual net revenue totaling $1.7 billion, compared to $1.8 billion in the prior year. The Board approved a performance bonus of 9 percent of annual pay for its approximately 5,600 employees, comprised of a 5 percent cash bonus and a 4 percent 401(k) contribution.
Category: Sports/Fitness
Curry Brand Signs South Carolina Guard as First Collegiate Athlete
Under Armour, Inc. signed MiLaysia Fulwiley to a multi-year NIL deal with the Curry Brand.
Har-Tru Introduces Portable Indoor Performance Pickleball Court
The company made the courts with interlocking tiles coated in Har-Tru Sports Coatings for a hardcourt feel. The design balances performance and comfort for speed of play, ball bounce and foot traction.
USPTA Names Chief Development Officer
The United States Professional Tennis Association promoted Ramona Husaru to chief development officer from her prior position as director of education and certification.
Transcend Capital Advisors Signs Elite Amateur to NIL Roster
The youngest co-medalist in U.S. Amateur history, Blades Brown, was the Men’s and Junior Player of the Year in Tennessee in 2023 and signed with Transcend Capital Advisors.
Caleres, Inc. Hires Liz Dunn for Strategic Planning and Communication Chief
The parent of Famous Footwear and the Naturalizer, Vionic, Allen Edmonds, Blowfish Malibu, and Sam Edelman brands, hired Liz Dunn as SVP of corporate development and strategic communications
Wilson Sporting Goods drops Limited-Edition MDA Shamrocks Glove
Wilson Sporting Goods joins annual MDA Shamrocks campaign with introduction of limited-edition glove.
Lexus Signs Zalatoris to Golf Ambassador Program
Lexus added Dallas-based Will Zalatoris to its roster of golf champions. The partnership began before the Players Championship at TPC Sawgrass in Ponte Vedra, FL.
Concert Golf Partners Names CFO
Earlier in his career, Charles Bracher worked in finance roles at Goldman Sachs and Arnold Palmer Golf Management and with the eventual founders of Concert Golf, CEO Peter Nanula and COO Susan Dunnavant.
Hibbett, Inc. Sees Q4 Net Income Decline as Comp Sales Fall 6.4 Percent
Brick-and-mortar comparable sales declined 9.2 percent, while e-commerce increased 6.9 percent on a year-over-year basis, excluding the impact of the 14th week. E-commerce represented 18.9 percent of total net sales for the Fiscal 2024 Q4 period.
EXEC: Dick’s Sporting Goods on Path for Biggest Expansion Since 2017
After a strong finish to the fiscal year and posting its largest Q4 ever, the company has already put its stake in the ground for the next chapter (or chapters) in the story of the 75-year-old sporting goods retailer.
EXEC: The Apparel Brands Bringing the Brand Heat in 2024
The third annual Brand Heat Index from L.E.K. Consulting identified the brands that are gaining in popularity, or increasing their brand “heat,” across major product categories and generations in women’s and men’s footwear and apparel.
Amazon’s Inaugural Big Spring Sales Event Begins March 20
Amazon’s first Big Spring sale kicks off on March 20 and runs through March 25. Free Prime shipping applies during the sale with free same-day or one-day delivery.
Fitness Ventures to Open Second Crunch Fitness in Oregon
Crunch Medford, opening this summer, will occupy 43,000 square feet and include $5 million in new fitness equipment.
BowFlex Inc. Delisted from NYSE; Assigned New Stock Symbol for OTC Market
The company’s common stock has been assigned the symbol “BFXXQ” with respect to quotations on the over-the-counter market, following its delisting from the New York Stock Exchange.