The golf, media and lifestyle brand, secured the funding round led by Creator Sports Capital, with participation from Peyton Manning’s Omaha Productions, Manhattan West Private Equity and Sunflower Bank.
Category: Sports/Fitness
KMD Brands Appoints Nike Vet Ashley Reade as Rip Curl CEO
Ashley Reade will join the Australian surf brand in the coming months from Nike, where he is currently the vice president and general manager of Nike Pacific, responsible for growing the region to an AU$1 billion business.
Recall: Segway Kick Scooters
Segway has received 68 reports of folding mechanism failures, including 20 injuries, including abrasions, bruises, lacerations, and broken bones.
Scott USA Launches Consumer-Direct Strategy; Reinforces Support For Key Dealers
This multichannel approach builds on Scott USA’s recently launched Click-and-Collect and Locally initiatives, which “connect consumers with their nearest Scott dealer for in-store purchases or online orders.”
Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision
Authentic Brands Group Appoints Former Disney Exec as EVP, Head of India
Sanjeet Mehta will oversee the company’s strategy in India, focusing on expanding brand presence, forging strategic partnerships and driving revenue growth, working with Henry Stupp, regional president of the EMEIA.
Nike, Inc. Sees Turnaround Efforts Lasting through Fiscal 2026
Analysts were optimistic about the “Win Now” initiatives outlined by CEO Elliott Hill, but many shared concerns that the path ahead is likely to be long and volatile, pushing into the 2026 fiscal year, which commences in July 2025.
EXEC: The Apparel Brands Bringing the Brand Heat in 2025
The Third Annual Brand Heat Index from L.E.K. Consulting identified the brands to have gaine in popularity, or increasing brand “heat,” across major product categories and generations in women’s and men’s footwear and apparel.
Lids Opens Lids HD Store in LA’s Cerritos Mall
Lids’ HD store concept caters to headwear enthusiasts and consumers who are starting to build their collections by leaning toward exclusive and limited-edition hat drops.
Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.
Strong Pilates Entering U.S. Market with New Partner and Plans for 155 Studios
The Australian-based high-intensity Pilates concept is expanding into the U.S. with plans to open multiple studios this year and a second global HQ in Hermosa Beach, California.
Report: Online Resale is Expected to Reach $40 Billion by 2029
From integrating social commerce and AI applications to establishing trade organizations and interfacing with the government, ThredUp said it’s clear why resale has seen accelerated growth and a promising growth trajectory.
EXEC: Wall Street Lays Out Expectations Ahead of Nike’s Fiscal Q3 Results
Margins are a concern in the near term, given the need for Nike to liquidate inventory. While the company continues to pull back promotions on its website, outlet stores will continue to see increased pressure.
Pickleball Kingdom Franchise to Open in Naperville, IL
Led by franchisees Saumil Parikh, Chirdip Sheth, Hemang Patel, and Dhaval Sheth, the club will feature climate-controlled courts and Pickleball Kingdom member amenities.
Report: February Perceived Stability at Retail Hides Deeper Fluctuations
While the steady appearance of retail performance carried through top-line views of discretionary general merchandise, retail food and beverage, and non-edible consumer packaged goods, underlying disruptions are emerging, reported Circana.
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