“Puma’s collaboration with F1 Academy is so much more than just a sponsorship; it’s a continued commitment to the advancement of females in sport, specifically Motorsport.” — Maria Valdes, Chief Product Officer, Puma
Category: Sports/Fitness
Planet Fitness: Former CEO Resigns from Board Over Staff Cuts, Other Matters
The company believes the resignation was due to its decision to cut approximately 9 percent of HQ staff in February 2024, the scope of the role of the interim CEO in managing the company and the Board’s role in reviewing and approving such decisions.
Golfzon Range by Leadbetter Opens Second Location
Golfzon Range by Leadbetter—a new concept in indoor golf training from Golfzon and instructor David Leadbetter—will open its second location in Westbury, N.Y. in March.
Wolverine Improves Margins in Tough Q4; Sees Double-Digit Decline for 2024
Fourth quarter revenue from the ongoing business was $521.2 million and declined 18.4 percent on a constant-currency basis, with all segments and brands posting declines.
Camping World Chair and CEO Named Executive Chair at Beyond, Inc.
Marcus Lemonis has been a director of Beyond since October 2023 and the chairman of its Board since December 2023. As executive chairman, he will work closely with the management team to lead and execute Beyond’s strategic priorities.
PXG Expands Owned-Retail with SF East Bay Location
The golf equipment maker has embarked on what it calls its “strategic store expansion” opening its first brick-and-mortar location in California in Dublin, which is in Alameda County, east of Oakland.
Deion Sanders Takes Ownership Stake In Redcon1
Redcon1 and Sanders have been developing a Prime Time-inspired line of products, which will debut with an energy drink.
Light Up Your Run with Garmin Forerunner 165 Series
“With personalized training plans, advanced running and recovery metrics and 24/7 wellness monitoring, these user-friendly smartwatches include impressive tools to help you cross the finish line.” –Dan Bartel, Vice President of Global Consumer Sales, Garmin
Walmart Inc. Tops Wall Street Estimates in Strong Q4 Performance
Consolidated revenue was $173.4 billion for the fourth quarter, up 5.7 percent, or 4.9 percent in constant-currency terms, topping Wall Street estimates. Global e-commerce sales grew 23 percent for the period.
Macy’s Receives List of Board Nominations from Rejected Buyout Suitor
Macy’s formally rejected the $5.8 billion bid from Arkhouse and hedge fund Brigade Capital on January 21. Financing, or the lack of a solid plan to secure it, was called out as the primary reason.
Adidas Revamps Supernova Franchise + Adds Men’s and Women’s Apparel
The Supernova franchise includes the Supernova Rise, with two new models, the Supernova Solution and Stride, complemented by matching apparel for men and women.
NGF Measures Off-Course Consumers in Latest Golf Participation Report
The National Golf Foundation’s took a different approach this time around in assessing who is swinging a golf club in this time of shifting demographics, changes in venue types and consumer behaviors in a post-COVID world.
Spenco launches Golf Stability Insole
“These insoles offer a unique solution for golfers who want to enhance their performance and enjoy their game more.” —Michael Polk, CEO of Implus
EXEC: Giant Group Reports Moderating Sales Decline in January
The January decline at the bike manufacturer represents the third straight month of moderating declines and the smallest decline since June 2023
EXEC: Rip Curl, Oboz Down Sharply in Fiscal H1 Against Tough Comps
KMD Brands Limited, the parent company of Kathmandu, Oboz and Rip Curl, reported a preliminary update of its results for the 2024 fiscal first half ended January 31.
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