The Fila brand increased in mid-single-digits year-over-year in the second quarter, a moderation from the high-single-digit first quarter trend and the high-teens trend for full year 2023.
Category: Sports/Fitness

EXEC: Giant Group Sees Much Improved Q2 Revenue Trend
Second-quarter revenues were down 5.6 percent to NT$21.17 billion, an improvement from the 20.3 percent sales decline in the first quarter of this year and the 16.0 percent decline in the second quarter of last year.

Locally Names First Chief Marketing Officer
Karen Sage joins the company as CMO to further fuel Locally’s expansion as it marks a 12-month growth trajectory to over $1.8 billion in retail referral sales.

Macy’s, Inc. Appoints New Chief Information Officer
Keith Credendino, who is currently SVP of technology product development, customer experience, will succeed the retiring Laura Miller as CIO, effective August 4, and join the company’s Corporate Strategy Group.

Omni Hires Product Development & Merchandising Chief for Bodybuilding.com
Steve Marada will reportedly manage the rebuilding of Bodybuilding.com. He has a history of leading and executing strategic business plans that create and refresh health and wellness brands.

Rawlings Partners with Sideline Swap on Used Gear Trade-In Program
The terms of the agreement make Sideline Swap the official resale partner for baseball and softball bats at Rawlings six retail stores, as well as at select baseball and softball tournaments in the U.S.

MSG Sports Names Chief Operating Officer
Before joining Madison Square Gardens Corp. in 2008, Jamal Lesane worked as an associate counsel at HBO, providing legal support and counsel to HBO Sports and HBO Licensing and Retail. Before that, he was a corporate lawyer at Covington and Burling LLP. He received his J.D. from Harvard Law School.

Garmin Releases Cycling Activity Report for Garmin Connect Community
Based on the data compiled by Garmin over the last 12 months, cycling activities have increased seven percent for consumers that are part of the Garmin Connect community of cyclists and who logged their miles on Garmin Edge cycling computers.

Life Time Transforms Harbour Island Athletic Club in Tampa
Life Time Harbour Island spans nearly 6.5 acres. Following a multi-million-dollar renovation, the company transformed the space into a luxury athletic and social venue.

NRF: Inbound Cargo Volume Forecasted to Grow 14.4 Percent for 2024 First Half
Importers are looking at issues including high shipping rates, unresolved port labor negotiations and continuing capacity and congestion issues from the ongoing disruptions in the Red Sea.

Target Will Stop Accepting Checks at Checkout
Target announced on Tuesday, July 9, that, as of July 15, it will no longer accept personal checks from customers at the time of checkout. The retailer confirmed its decision with the Associated Press, citing “extremely low volumes” of customers who pay by check.

Pickleball Kingdom to Open 30 New Locations in North Carolina
Spearheaded by franchisees Sanjay and Dhaval Patel of Pickleball X Equity, they plan to launch 30 new indoor pickleball clubs in the North Carolina with more locations coming outside the state.

Nordstrom to Open a New Rack Store in Coral Springs, FL
The new Nordstrom Rack in Coral Springs, FL, is expected to open in fall 2025. The 31,000-square-foot store will be located in Pine Ridge Square, a popular shopping center.

GoPro, Inc. Partners with Softbank Subsidiary for Japan Distribution
The new distribution partnership with SoftBank Group’s SB C&S Corporation in Japan will expand GoPro product sales through one of the largest sales networks in the region.

EXEC: Tom Peddie Returns to Nike as VP of Marketplace Partners
Executive search firm MacGregor Black noted the reappointment on Tuesday morning on LinkedIn, saying that the “move comes as the iconic sports brand looks to enhance its relationships with existing retailers such as Foot Locker.”