McEachern, who takes the helm on August 18, replaces Max Staiger, who left the company earlier this year. He will be based in Boston and report to Puma’s Chief Product Officer Maria Valdes.
Category: Sports/Fitness
Outgoing Topgolf CEO Heads to Harley as Jochen Zeitz Plans Exit
Topgolf Callaway announced last week that Starrs had resigned, effective the end of September. His departure came as the Callaway is planning to spin-off the Topgolf business into a stand-alone company again.
Study: Nearly Three-Quarters of U.S. Retailers Have Lost Profits Due to Tariffs
While 73 percent of companies plan to increase prices to offset the impacts of tariffs, 37 percent admit that it takes weeks or months to implement these price changes. The survey found that 30 percent of the average business costs of U.S. retailers surveyed were exposed to tariffs; this anxiety reflects a significant risk to profits.
Survey: 85 Percent of Parents Worry About Tariffs Affecting BTS Costs
A late July survey from U.S. News found that 57 percent of respondents are cutting back on BTS shopping this year due to concerns about rising prices, with the top categories targeted for reductions being clothes and shoes, accessories, and technology.
Former Nike CEO John Donahoe Named Stanford University AD
John Donahoe, who resigned from Nike last October after a tumultuous term as CEO, was appointed Jaquish and Kenninger director of athletics at Stanford University. He earned his MBA from Stanford’s Graduate School of Business in 1986.
U.K.-Based Fitness Wearable Hytro Receives Fresh Backing
The company has raised a new investment round led by Joyned Capital, an athlete-led angel syndicate focusing on sports investments, and Skin In The Game focused on early and growth-stage startups in the sports, health and fitness space.
Crunch Fitness Franchisee to Add 15 Gyms to Portland, Oregon Market
Fitness Ventures LLC, which operates over 70 Crunch Fitness locations as a licensee across twenty-eight states, has acquired the three existing Crunch Fitness locations in the Portland, OR market.
EXEC: Escalade Eyes Market Share Opportunities Amid Tariff Challenges
CEO Armin Boehm said second quarter sales performance reflects an increasingly cautious consumer demand environment, changing customer buying patterns, and the strategic exit of select product categories.
Vasa Opens Fourth Colorado Springs Club with First Cold Plunge
The nationwide high-value, low-price fitness club operator, opened a new club at 7655 North Union Blvd. in Colorado Springs, its 15th in Colorado and fourth in Colorado Springs. The 48,000-plus-square-foot facility is highlighted by Vasa’s first cold plunge tub.
Stretch Zone Franchise Opens in Fair Oaks, CA
The new franchise location in Fair Oaks, CA, is led by owner Eric Koontz, with Adam Adler serving as manager. Koontz brings decades of leadership experience in the IT industry spanning military, government and healthcare sectors.
Gold’s Gym Continues Strategic Nationwide Expansion
Recent openings include a corporate flagship location in Austin, TX, a Beverly Center location in Los Angeles, CA and its first North America Hyrox Performance Center in Little Elm, TX, demonstrates the company’s commitment to bringing accessible strength training nationwide.
PickleRage Franchise Expands Maryland Footprint
Franchise partners Vishnu Reddy and John Bender are leading the development in the Londontown Business Center. This is their second club in Maryland, following the opening of their first PickleRage location at 851 Cromwell Park Drive in Glen Burnie.
Fleet Feet to Open Fifth Store in Northern New Jersey
Teresa Councilor is assuming the role of operating partner for the Somerville, N.J. location which will open on August 4. She also manages Fleet Feet stores in Westfield, Summit, Morristown, and Ridgewood, NJ, respectively.
Toms Shoes’ Founder Launches Golf Gear Member Platform
“Golf should be accessible. Period. For too long, the price of quality equipment has been a barrier. MyGolfClub.com is here to change that. No more inflated prices, no middlemen, just a smarter, fairer way to buy golf gear.” —Tyler Mycoskie
EXEC: Safilo Sees Smith Optics Post Strong H1 Core Channels Growth
Blenders continued to be impacted by promotion-driven demand in the entry-level price segment but its performance showed an improvement compared to the first quarter. Smith’s Sports channel sales were said to be held back by a Safilo decision to to temporarily limit imports of new winter items from China.
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