The net proceeds from the offering of the Notes and the expected net proceeds from the New Senior Secured Credit Facilities are expected to repay all outstanding indebtedness under the company’s existing credit facilities, which will be terminated.
Category: Sports/Fitness
Costco Wholesale Appoints New CFO as Galanti Moves to Advisory Role
The Costco Board of Directors named Gary Millerchip EVP and CFO, effective March 15. He is the SVP and CFO at The Kroger Co. Galanti will remain with Costco through January 2025 in an advisory role and will continue on the Board of Directors.
Pickleball Kingdom to Open in Philadelphia
Pickleball Kingdom announced it will open its latest club in Philadelphia. The search for the first location is focused on Montgomery County.
Decathlon Claims First to Market with Apple Vision Pro App
Decathlon said the app was reimagined for Apple Vision Pro to enable customers to discover its latest outdoor and cycling product innovations and shop for their favorite sporting goods.
Spanx Appoints New CEO and Executive Chair
The company’s Board of Directors appointed Caroline (Cricket) Whitton as CEO and Jeanne Jackson as executive chair.
Descente, Ltd. Posts Fiscal YTD Sales Increase Despite Golfwear Decline
Gains from the incorporation of Le Coq Sportif (Ningbo) Co. Ltd. and increased sales in the athleticwear category were larger than the decrease in sales in the golfwear category and the termination of the Marmot license in Japan in December 2022.
Puma to Supply Uniforms to Egypt to compete in Paris Olympics
The brand has a history in Egypt with long-term partnerships, including those with the Egyptian Football Association, the Egyptian Handball Federation and other teams and athletes.
EXEC: 361 Degrees Pre-Announces Healthy Q4 Profit Growth
Profit attributable to the equity shareholders of the company for the year ended December 31, 2023 is expected to increase by not less than 25 percent year-over-year.
Imperial Headwear Names Key Sales Award Winners for 2023
The company awarded Salesperson of the Year to Alan Hyman last week at the 2024 PGA Show, and honored Jim Maitland, sales representative for South Florida, with the 2023 Customer Service Award.
Easton Diamond Sports Ghost Advanced Fastpitch Softball Bat Rises Above
“The high-performing Double Barrel 3 technology coupled with the most durable composite material we’ve ever made gives players an amazing feel with the hottest performance possible.” —John Loeffler, Bat Category Manager, Easton Diamond Sports
Agassi, Graf, McEnroe, and Sharapova compete for $1M Purse in Pickleball Slam 2
In the main event, Andrew Agassi and Steffi Graf defeated John McEnroe and Maria Sharapova.
Mahomes, Tiger, Acquisitions, Job Cuts, and an IPO Drive January’s Most Read Articles
What do you get when the first month of the new year features news from a golfer named Tiger, a Statefarm spokesman named Patrick, job cuts, key acquisitions, a looming IPO, and a public fight between a company’s Board and its investors—very busy month for SGB Media.
Under Armour Appoints New SVP, Managing Director for EMEA
With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.
NRF Economist: Labor Market and Interest Rates Will Play Major Roles in 2024
After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend on the labor market and what the Federal Reserve does with interest rates, according to NRF Chief Economist Jack Kleinhenz.
Tony Spring Taking Helm as CEO and Chair-Elect of Macy’s, Inc.
Jeff Gennette will continue as chair of the Macy’s Board of Directors until its 2024 Annual Meeting when Spring will take the helm as chair during the meeting.
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