Fitness club ownership across the U.S. will have their eyes on New Jersey this year to better understand if a new state law will help or hurt operators in New Jersey.
Category: Sports/Fitness
Andy Campion Departs Nike, Heads Back to School
Nike’s managing director for strategic business ventures, Andy Campion, leaves the company, effective April 5, 2024, to help develop the UCLA Sports Leadership and Management Program at UCLA Anderson School of Management.
Hobie Eyewear Announces Rep of the Year Awards
Hobie Eyewear, based in Oceanside, CA, honored Conrad Ferla and AJ McWhorter with the Rep of the Year Awards for their “exceptional achievements, embodying the spirit of the brand and contributing significantly to its growth.”
Augusta Sportswear Brands and Founder Sport Group to Integrate in PE Deal
Platinum Equity acquired the companies with an eye on integrating the two entities. They join Mad Engine as a part of the private equity firm’s portfolio of companies serving the active lifestyle apparel market.
Fila Launches Volley Burst Shoe to Further Its Pickleball Commitment
Designed and wear-tested with feedback from the world’s number one female pickleball player, Anna Leigh Waters, the shoe is made for today’s pro and recreational players.
NRF Chief Economist Sees Potential Rough Road Ahead for Retail
The National Retail Federation’s Chief Economist Jack Kleinhenz believes consumers spent more than expected amid high inflation and interest rates during 2023, but spending growth is likely to slow in 2024.
Puma x Coperni Redefine Tech Footwear with 90SQR
PUMA x Coperni merge futurism with wearable with their latest creation, the 90SQR hybrid shoe.
Lohla Sport Appoints New Rep for PNW, Rockies Regions
Golf and ski industry veteran Kristin Ericson was hired as senior business development executive for the ladies’ golf-lifestyle apparel brand in the Pacific Northwest and Rockies.
EXEC: Adidas Appoints New President for North America
John Miller, most recently SVP of the wholesale business at Puma North America, is returning to the brand where he worked in the early- to mid-2000’s, as president of North America, effective immediately.
UK Retail Foot Traffic Declines Sharply in December
Overall retail UK foot traffic decreased by 5.0 percent year-over-year in December, down from a 0.7 percent decline in November, according to BRC-Sensormatic IQ data.
Tiger and Nike Confirm the End of an Era
Tiger was at the end of a ten-year, $200 million deal he signed with Nike in 2013. Along with his announcement on X, he uploaded a photo of himself with his mother, Kultida, and Nike Founder Phil Knight.
NRF: Import Cargo Enters Winter Lull as Red Sea Disruptions Continue
Inbound cargo volume at the nation’s major container ports should gradually decline during the first quarter of 2024 before increasing in the spring, according to the latest NRF report.
Fila Holdings Promotes Todd Klein to Global Brand President
The company appointed Fila USA President Todd Klein to take on the newly created role of global brand president. In addition to his existing responsibilities, Klein will assume responsibility for overall operations of the Fila brand including global product and marketing strategies.
Lululemon Athletica Ups Guidance on Solid Holiday Performance
Fiscal Q4 net revenue is now expected to be in the range of $3.17 billion to $3.19 billion, representing a 14 percent to 15 percent increase compared to Q4 2022. The previous guidance range was $3.14 billion to $3.17 billion.
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