Hibbett is now part of JD and will cease to be a stand-alone publicly traded company. Mike Longo will continue as president and CEO of Hibbett and Jared Briskin is now chief operating officer.
Category: Sports/Fitness
Escalade Posts Q2 Sales and Profit Declines as Consumer Demand Contracts
Weak demand and channel inventory de-stocking, particularly in the indoor/outdoor games categories, was partly offset by growth in the company’s Stiga table tennis, Bear Archery and Brunswick Billiards brands.
EXEC: Moncler Group Posts Double-Digit Sales Growth in First Half
The company reported first half revenues increased 11 percent year-over-year in constant-currency terms to €1.23 billion, Moncler brand revenues of €1.04 billion and Stone Island brand revenues of €188.9 million.
Report: Over Half of U.S. Consumers Plan to Watch Olympics
Nike is the brand most associated with Team USA, with 64 percent of consumers associating Nike, an official outfitter of Team USA, with the Olympics, followed by Adidas at 39 percent, and Under Armour at 26 percent.
Nike to “Modernize” Tech Division; Hires Former Salesforce Exec as CIO
Cheryan Jacob, a former Salesforce, Inc. executive, was hired this month as CIO as part of an effort to “modernize” the active lifestyle company’s technology infrastructure.
Sacks Parente Golf Plans Reverse Split of Shares to Maintain Nasdaq Compliance
The reverse stock split is intended to increase the price per share of the company’s common stock to allow it to demonstrate compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq.
New Report Identifies Major Retailer Concerns for Holiday 2024
Imagine steering your retail business into the bustling Holiday 2024 season while fixated on your rearview mirror. First Insight reported that’s essentially what retailers do when they rely solely on past sales data and old customer reviews.”
DKS Partners with Team USA and LA28 Olympic and Paralympic Games
DKS will also serve as an official supporter of Team USA for the Paris 2024, Milano Cortina 2026, and LA28 Olympic Games. The retailer also released a new marketing campaign called Big Moments.
PickleRage to Open New Jersey Club
The 32,950-square-foot facility will open at the end of Q4 2024 in the East Gate Square Shopping Center in Moorestown, 11 miles east of Philadelphia.
Planet Fitness to Open Edmonds, WA Location
Ohana Growth Partners, one of the largest franchise divisions of Planet Fitness, will open the 22,200-square-foot center in October. The Edmonds club will be OGP’s 13th Planet Fitness location in Seattle.
Oofos Appoints Erin Flynn Head of Sales
Flynn is a 20-year veteran of the athletic footwear industry and reportedly spent the past several years working with running and outdoor brands, specialty retailers and industry organizations.
X-Golf Opens Club in Annapolis
Equipped with seven simulator bays (five standard and two private) able to accommodate up to six players per bay, golfers can choose to play from various courses worldwide, including Pebble Beach and St. Andrews, on a membership basis.
Imperial Headwear Names VP, Peter Millar Licensing
Andrew Blatnik comes to Imperial from Oak Hill Country Club, where he served as the PGA director of retail operations. His previous experience also includes roles at Pinehurst Resort & Country Club and Wannamoisett Country Club.
Planet Fitness to Open First Franchise Locations in Spain
The fitness center franchisor is opening its first club in Spain, located in Sabadell, a province of Barcelona. The first several clubs will be a joint venture with a franchisee partner, and the remainder of the market will be franchised.
Pure Hockey to Open Second Las Vegas Location
This new store on West Lake Mead Blvd. will be Pure Hockey’s second in Las Vegas after opening its first store in the city in fall 2022 after acquiring The Penalty Box retail store.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal