Gymshark Stratford, Westfield store, follows the successful opening of its debut flagship, which opened on London’s Regent Street in 2022. Founder and chief executive, Ben Francis, has his site’s set on U.S. growth with plans to open a New York City pop-up in the next 12 to 18 months.
Category: Sports/Fitness

NRF: Consumers Just Getting Started on Planned BTS Purchases
The NRF noted in its report that while shopping is well underway, most (86 percent) consumers still have at least half of their purchases left to make.

Big Peach Running Co. Partners with Runners Fit on New Franchise Store
The store will remain open while a new sign is installed and other changes are made to convert the store’s branding to Big Peach, with the final conversion steps slated for late July.

EXEC: Merida Bikes’ June Sales Surge Fuels Big Second Quarter Gain
Second-quarter revenues were up 24.8 percent to NT$9.29 billion, with revenues for June 2024 increasing 48.7 percent, May sales growing 7.5 percent and April sales surging 24.0 percent year-over-year.

Johnson Health Tech Taps Bowflex Vet for HQ Sales for Home International Market
Matteo Corrada will lead the strategic sales efforts for all international home business expansion, including the BowFlex, Schwinn and Horizon brands. Most recently, he worked at BowFlex, which was acquired by JHT in April 2024.

Macy’s Terminates Arkhouse and Brigade Buyout Talks Over Financing Uncertainty
The Macy’s Board of America intends for the management team to return its full focus to enhancing shareholder value through the execution of the company’s “A Bold New Chapter” strategy.

EXEC: Asics raises Full-Year Forecast on Strong H1 and Q2 Results
Net sales for the full year are expected to reach a record high of ¥660 billion with updated currency exchange rates, an increase of 15.7 percent versus ¥570.5 billion in fiscal 2023, excluding FX rate fluctuations.

EXEC: Decathlon Creates Independent Investment Entity
An independent entity within the Decathlon Group, Decathlon Pulse is expected to invest in “innovative people and businesses that share its values and commitment.”

Puma Golf Celebrates British Open with Fair Isle Capsule Collection
The Fair Isle collection includes the limited-edition Phantomcat Nitro shoe with a wingtip design, Flexspike technology for traction and Nitro Foam for comfort and energy return. Other pieces include men’s and women’s polos, a skirt and a golf dress.

Five Iron Golf Continues National Expansion with Second Seattle Location
Situated in the Kirkland Urban area, a mixed-use development extending downtown Kirkland, the 4,500-square-foot space, scheduled to open in September, will house Five Iron Golf’s simulators in a sports bar atmosphere.

Riviera Country Club to host Golf Competitions During 2028 Los Angeles Games
The IGF and LA28 announced that The Riviera Country Club will host the men’s and women’s golf competitions for the 2028 Los Angeles Olympic Games. The opening ceremony will be held on July 14, 2028.

Summit Golf Brands Promotes Jack Lessing to President
Lessing will oversee all revenue channels for the company’s brands, including B. Draddy, Zero, Restriction, Zero Restriction, Fairway & Greene, and EP New York, and the functional areas of the business that support them. Lessing has been with the company for the past 11 years.

Pickleball Kingdom to Open Near Sports’ Birthplace
Pickleball Kingdom will open a club in Poulsbo, WA, led by franchise siblings John and Mara Hylton. The location is the closest to the sport’s birthplace on nearby Bainbridge Island.

Rally House Opens Another Store in Pennsylvania; Fourth in Wisconsin
Rally House opened another store in Pennsylvania with Rally House Grove City Premium Outlets. On July 12, the company opened Rally House Southridge Mall in Greendale, WI increasing its store count in the state to four.

CNBC/NRF Retail Monitor Sees Biggest YoY Retail Sales Jump Since Fall 2023
Retail sales showed moderate growth in June and posted the biggest year-over-over year increase in nearly a year amid a still-solid economy and near-zero inflation for retail goods.