ICSC said 90 percent of consumers – or 236 million people – plan to shop based on the results from the 2024 Thanksgiving Weekend Intentions survey.
Category: Sports/Fitness
Momentec Brands Announces Athlete Roster for 2025
Momentec Brands has tapped seven top collegiate and paralympic athletes to represent Team Momentec in 2025, building on the momentum created by Tiare Jennings, an All-American Softball Player and four-time NCAA Champion at the University of Oklahoma.
TruGolf Holdings Posts Turnaround Quarter in Q3 as Sales Grow 82 Percent
EBITDA for the second half of 2024 is estimated to range between $1.1 million and $1.5 million, showing a return to profitability following significant investments made over the past two years. Total revenue for end of 2024 is expected to grow 9 percent to 13 percent.
Puma Mostro Continues to Trailblaze in Candy Colors
Puma introduced the Mostro in 1999. The latest iteration comes in two candy-hued colorways,Electric Lime and Lavender, accenting textures and details, including studded outsole and mesh upper.
Adidas Originals and Bape are Back with Orketro
Drawing on the attitude of the 2000s and the company’s combined influence on pop culture, the Adidas Originals and Bape take on the Orketro sneaker, which features contrasting three stripes on the left shoe and a Bape STA on the right.
Arora Group Appoints New Managing Director of Golf
Gerry Ivers will oversee day-to-day operations at The Buckinghamshire, recently repositioned as a private members’ club following an over £10 million clubhouse renovation. He will also develop a new course at Ryder Cup candidate venue Luton Hoo Hotel, Golf & Spa.
Nite Ize Spins Off Tru Zip to Stand-Alone Brand
Nite Ize, manufacturer of the Tru Zip toothless, dustproof and waterproof zipper, announced that the product now operates as an independent brand. Nite Ize, the product inventor, will remain its sole distributor.
S&S Activewear Taps Industry Veteran to Lead Hard Goods Division
Eric Levin brings over 33 years of industry leadership to this role, having previously founded Jetline, a promotional products business that merged with Prime Line in 2015, which Alphabroder acquired and became the supplier’s hard goods division. Levin served as executive vice president of strategy and growth.
Rallyware Unites Brands and Retail Teams for Peak Frontline Performance
Rallyware announces the launch of its frontline enablement platform for retailers in the running, sports, and outdoor industries, uniting brand training with tools to empower store associates for peak in-store performance.
Report: Pickleball Specific Facilities Grew 55 Percent Last Year But Still Lags in Participation Growth
SFIA and Pickleheads have released their second annual report, the 2024 State of Pickleball: Participation & Infrastructure Report, noting that the industry has responded to the shortage of pickleball courts in the U.S., with a 55 percent year-over-year increase in the number of dedicated facilities for play.
Step Into Your Gift: Foot Locker’s Holiday Campaign
Foot Locker will debut the campaign ads through the holiday season, highlighting each featured talent’s signature style, including Coi Leray, Anthony Edwards, LaMelo Ball and influencers Junebug, Kayce Kirihara and Brooke Preston.
Oaktree Solutions Launches Oaktree Sports Ventures; Taps Jayson Willams to Lead Effort
The global public affairs and venture consulting firm has tapped former NBA All-Star Jayson Williams as managing director of Sports Ventures. Williams will also advise Oaktree’s corporate and non-profit clients on engaging the athletic community and addressing issues of mental health and wellbeing.
Newton Golf Narrows Q3 Net Loss as Year-Over-Year Sales Growth Surged
The company, previously know as Sacks Parente Golf, posted a net loss of $1.06 million in the quarter, compared to a net loss of $1.2 million in the year-ago Q3 period. Revenue was $1.2 million in the third quarter, an increase of 1,175 percent year-over-year.
EXEC: Safilo Saw Smith’s Q3 Performance Hurt by Still Cautious U.S. Market Environment
The quarterly performance showed lingering soft trends in North America and Asia, while trends proved more resilient in Europe, despite the slowdown of the sunglasses business. Smith’s performance remained affected by a still cautious market environment.
EXEC: Fila USA Continues Downward Spiral as Q3 Revenues Fall 57 Percent Over Two Years
The company said the decline in Q3 was mainly due to the competitive market environment in the sports fashion category caused by “excessive discounting.” The company is now focusing on margin improvement and brand-centric strategies to enhance brand equity.
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