Brooks DTC e-commerce channels reportedly grew 24 percent in global revenue YoY, including record-breaking sales from Thanksgiving through Cyber Monday, up 22 percent in North America versus 2022. China DTC jumped 194 percent for the year.
Category: Sports/Fitness
EXEC: Tiger and Taylormade Launch Sun Day Red with Brad Blankenship at Helm
After a month of speculation, on Monday, Tiger Woods and Taylormade Golf introduced the golf legend’s new brand and line of clothing, accessories and footwear. Brad Blankenship, the former global GM for Quiksilver and RVCA, will lead the brand.
Lacoste Names New Head of Finance
Philippe Gautier returns to Paris and assumes the role of executive vice president of Finance for Lacoste from Denis Lamoureux who has been in the position since 2017.
Decathlon Sells 82 European Stores in €527 Million Sale and Leaseback Deal
Realty Income Corporation has entered into a sale-leaseback transaction for 82 retail properties leased to affiliates of Decathlon SE. The portfolio includes properties located in Germany, France, Spain, Italy, and Portugal.
Deckers Brands Taps into Nike Running Leadership for New Hoka President
Robin Green has an extensive track record of leading and operating complex global businesses while delivering transformative results and brand growth, most recently as global VP of men’s running and fitness for Nike, Inc.
Crunch Fitness Appoints New President as Midgley Moves to Board
Chequan Lewis, former COO at Pizza Hut U.S., was president of Crunch. Ben Midgley will transition from CEO of Crunch Franchising to Crunch’s Board of Directors as of March 15, and will be integral in franchisee relations.
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
Former TaylorMade CEO Mark King Tapped as Big3 Chairman
The global 3-on-3 basketball league founded by Ice Cube and Jeff Kwatinetz tapped sporting goods industry veteran Mark King to join the Big3 as chairman of the Board of Directors.
Adidas Neuroscience Study Assesses Impact of Pressure on Sports Performance
Adidas set out to tackle the negative impact of pressure in sports and found that grassroots athletes experience the same amount of pressure as elite-level athletes but are less equipped to deal with it.
Original Converse Weapon Returns
At the helm of the revived Converse Weapon is Shai Gilgeous-Alexander, the All-NBA first-team point guard and two-time All-Star who stars in the remake of the original 1986 “Choose Your Weapon” campaign.
Amer Sports Prices and Increases New Private Notes Offering
The new size of the offering reflects an increase of $200 million in aggregate principal amount of the Notes from the previously announced offering size of $600 million.
Adidas x Patrick Mahomes Drop the Mahomes 2 Collection
“Mahomes 2 has been years in the making and is the result of unparalleled collaboration between Mahomes and our industry-leading designers to create a premium, unique collection.” —Chris Murphy, Senior Vice President, Brand Marketing, Adidas
NRF: Import Cargo Continues to Rise Despite Red Sea Disruptions
U.S. ports covered by Global Port Tracker handled 1.87 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in December, the latest month final numbers are available, down 1 percent from November but up 8.3 percent year-over-year, the report indicated.
Primal Partners with the National Cycling League
Through the agreement, Primal is the exclusive pro-tour cycling apparel provider for NCL’s Denver Disruptors, Miami Nights and Atlanta Rise.
EXEC: Asics Corp. Posts Strong 2023 Growth; Sees Slower Growth in 2024, a Decline in NA
North America region net sales increased 8.8 percent to ¥114.62 billion due to the strong sales of the Performance Running and Core Performance Sports categories. Segment income increased significantly to ¥1.44 billion. North America sales to decline 3 percent in 2024.
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