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Category: Sports/Fitness

Primal Partners with the National Cycling League

February 9, 2024 SGB Today

Through the agreement, Primal is the exclusive pro-tour cycling apparel provider for NCL’s Denver Disruptors, Miami Nights and Atlanta Rise.

EXEC: Asics Corp. Posts Strong 2023 Growth; Sees Slower Growth in 2024, a Decline in NA

February 9, 2024 SGB Executive

North America region net sales increased 8.8 percent to ¥114.62 billion due to the strong sales of the Performance Running and Core Performance Sports categories. Segment income increased significantly to ¥1.44 billion. North America sales to decline 3 percent in 2024.

Vulcan Becomes Official Ball of The Picklr

February 9, 2024 SGB Today

The Vulcan ball will be used across Picklr club initiatives, including leagues, tournaments and clinics, and will be sold exclusively at all Picklr locations and pro shops.

Shein to Expand U.S. Presence with Seattle-Area Office

February 9, 2024 SGB Update

The company anticipates hiring over 50 employees in logistics and distribution to work from the new space by the end of 2024.

EXEC: Under Armour CEO Sees Less Promotional, More Premium Online Presence

February 8, 2024 SGB Executive

UA now expects revenue in North America to be down at a high-single-digit rate versus the previous expectation of a 5 to 7 percent decline, and turning to the International business that is now seen to be down at a high-single-digit rate versus the previous low-double-digit rate increase.

EXEC: Fledgling Activewear Brand Has a Less Than Perfect Moment in IPO Effort

February 8, 2024 SGB Executive

Perfect Moment, whose PMNT ticker symbol would be better for a Buy Now, Pay Later company than an active apparel company, fell throughout the day after Thursday’s debut, close down 13.3 percent to $5.20 at the close.

EXEC: Mizuno Corp. Raises FY Forecast Despite Lower Fiscal Q3 Growth

February 8, 2024 SGB Executive

Sales grew 11.0 percent in the fiscal third quarter ended December 31, a deceleration from the 23.8 percent growth in the first half, but the solid start to the year and surging profitability is driving the outlook higher.

Wilson To Drop First 3D-Printed Basketball That Never Needs Inflating

February 8, 2024 SGB Today

“Wilson has gone where no brand has gone before with the release of the Airless Gen1 basketball, further inspiring the next generation of sports innovation.” —Kevin Murphy, General Manager, Team Sports, Wilson.

FedEx delivers the Vince Lombardi Trophy to Las Vegas ahead of Super Bowl LVIII

February 8, 2024 SGB Today

Fans in the Las Vegas area can view the trophy up close at the Super Bowl Experience Presented by Toyota through February 10 at the Mandalay Bay Convention Center.

Under Armour North America Sales Fall 12 Percent in Fiscal Q3

February 8, 2024 SGB Update

Overall revenue was down 6 percent to $1.5 billion for the quarter as International revenues grew 7 percent. Revenue is expected to be down 3 percent to 4 percent for the fiscal year, tightening the previous expectation of a 2 to 4 percent decline.

Puma Appoints Julie Legrand to Lead Global Brand Strategy

February 8, 2024 SGB Update

Legrand brings 20 years of experience in marketing and brand management to the role. Most recently, she worked as H&M’s global brand director. She also held senior positions in marketing and brand at Procter & Gamble.

Lightspeed Announces Third Quarter 2024 Financial Results

February 8, 2024 SGB Update

Total revenue of $239.7 million grew 27 percent year-over-year and surpassed previously established outlook.

EXEC: Ahead, Craft, Cutter & Buck Parent Posts Sales and Profit Declines in Q4

February 8, 2024 SGB Executive

The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson AB, reported that fourth quarter net sales declined 3 percent to SEK 2,735.9 million from SEK 2,815.1 million in Q4 last year.

Equinox Golf Resort & Spa Names General Manager

February 8, 2024 SGB Update

With a career spanning over two decades working at luxury hotels worldwide and in NYC, the Equinox Golf Resort & Spa appointed Maurizio Bonivento as general manager.

Costco Comps Grow 3.4 Percent in January ex-Fuel

February 7, 2024 SGB Update

Net sales were $22.08 billion for the retail month of January, the five weeks ended February 4, 2024, an increase of 4.5 percent from $21.13 billion in January last year.

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