CFO Matt Puckett will be stepping down later this year. He will stay on until a new CFO is appointed to help ensure a smooth transition.
Category: Sports/Fitness

Rally House Begins 2024 Expansion in Fort Worth
Rally House’s 2024 expansion begins in Fort Worth, TX, with the new store opening of Rally House Montgomery Plaza.

Pvolve Announces Franchise Deal in Greater Washington D.C. Area
Functional fitness brand to make market debut in Bethesda, MD with Bariatric Surgeon Dr. Hitesh Amin.

VF Corp. Sees Q3 Business Decline Accelerate; Will Conduct Strategic Review of Brands
The 16 percent year-over-year decline was an acceleration of the decline in the business, which was down just 2 percent in the fiscal second quarter when new CEO Bracken Darrell sounded the alarm that all was not well in the business.

Tactics Opening First Location Outside of Oregon
The Oregon-based skateboarding and snowboarding specialty retailer is adding a new store in the Ballard neighborhood of Seattle, WA. The opening is planned for early summer 2024.

Nordstrom to Open 18th Rack Store in Illinois in Spring 2025
The 25,000-square-foot store will be located in Randall Square, adding to the four Nordstrom stores and 17 Nordstrom Rack stores in Illinois at press time.

Amer Sports Company Launches New Senior Secured Notes Offering
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.

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.