John Miller, most recently SVP of the wholesale business at Puma North America, is returning to the brand where he worked in the early- to mid-2000’s, as president of North America, effective immediately.
Category: Sports/Fitness
UK Retail Foot Traffic Declines Sharply in December
Overall retail UK foot traffic decreased by 5.0 percent year-over-year in December, down from a 0.7 percent decline in November, according to BRC-Sensormatic IQ data.
Tiger and Nike Confirm the End of an Era
Tiger was at the end of a ten-year, $200 million deal he signed with Nike in 2013. Along with his announcement on X, he uploaded a photo of himself with his mother, Kultida, and Nike Founder Phil Knight.
NRF: Import Cargo Enters Winter Lull as Red Sea Disruptions Continue
Inbound cargo volume at the nation’s major container ports should gradually decline during the first quarter of 2024 before increasing in the spring, according to the latest NRF report.
Fila Holdings Promotes Todd Klein to Global Brand President
The company appointed Fila USA President Todd Klein to take on the newly created role of global brand president. In addition to his existing responsibilities, Klein will assume responsibility for overall operations of the Fila brand including global product and marketing strategies.
Lululemon Athletica Ups Guidance on Solid Holiday Performance
Fiscal Q4 net revenue is now expected to be in the range of $3.17 billion to $3.19 billion, representing a 14 percent to 15 percent increase compared to Q4 2022. The previous guidance range was $3.14 billion to $3.17 billion.
Wolverine World Wide Expects 2023 Results In Line with Estimates
The company expects to deliver financial results in line with previous guidance and achieving better-than-anticipated year-end debt and inventory levels.
United Sports Brands Names CEO
Phil Gyori was appointed CEO. Most recently, he was the CEO of Pelican Products. His hire follows the company’s recent acquisition by Norwest Equity Partners.
Authentic Inks Partner for Billabong Big & Tall / Plus Size
Profile Ent., a specialist in the Big and Tall/Plus women’s apparel space for over 30 years, will manufacture, wholesale and distribute Billabong Big & Tall men’s and Plus women’s apparel in the U.S. and Canada.
Report: Gen-Z Strava Athletes Most Likely to Build Community for Workouts
The report concluded that while it’s no surprise that Gen Z’s behaviors and habits vary from other generations, they also have different motivators, barriers and interests when it comes to staying active.
National Golf Foundation Makes Board Appointments
The National Golf Foundation (NGF) added Craig Kessler, PGA of America COO, Geoff Cottrill, Topgolf’s chief brand officer, and Edric Funk, Toro’s VP of golf, grounds, and irrigation, to its Board of Directors, effective January 1, 2024.
Goruck Becomes CrossFit Games Official Footwear and Apparel Partner
Goruck, based in Jacksonville, FL, replaced Nobull as the official apparel and footwear provider of CrossFit and the CrossFit Games.
EXEC: Active Lifestyle Stocks Miss Market Rally in 2023
The broader stock market saw a robust recovery in 2023 but the majority of stocks in the active lifestyle space underperformed, marked by declines by industry bellwethers including Nike, VF Corp. and Columbia Sportswear.
EXEC: Mainland Headwear Issues Profit Warning for Full Year 2023
The manufacturer and seller of headwear and accessories products reported that the issues that dogged the company in the first half of the year have continued for the full year. Profits are expected to fall 35 percent versus the prior year.
Sacks Parente Golf Adds Industry Veteran to Board
Jane Casanta reportedly brings “a rich background in the golf industry” to Sacks Parente Golf, having served in various marketing and product development roles at the Acushnet Company for 26 years, including as director of marketing for Titleist Gloves and Accessories worldwide.
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