ICSC wrote that while Gen Z grew up with digital and mobile technology, their penchant for in-store shopping at times exceeds that of the generations that grew up shopping in physical stores.
Category: Sports/Fitness
MSG Names Oura official partner of the New York Knicks
Oura will be the presenting partner of two original content series that will run across Knicks digital channels, one which spotlights the key role that strength and conditioning plays within the organization and the other custom content with Knicks Guard Jalen Brunson.
SKLZ Launches Speed Gates to Elevate Athlete Training
The Speed Gates set includes four cones, four sensors, a timer, and a carry bag. Athletes set up a start and finish gate using the light indicators and run the distance between them.
EoS Fitness Opens Gym Near Cal State Fullerton
EoS Fitness opened its 14th venue in California with a new fitness center in Fullerton, close to Cal State Fullerton. EoS Fitness on Chapman Avenue reportedly boasts 39,000-plus square feet of workout space accessible 24 hours a day, seven days a week.
UCM Athletics Extends Apparel Contract with BSN/Nike
The University of Central Missouri Board of Governors approved a five-year contract extension with BSN and Nike to provide apparel for the University’s Athletic department.
Topgolf Breaks Ground in Greensboro, NC
Topgolf recently broke ground on a new two-level venue in Greensboro, NC, set to open in late 2024, and is part of a shopping center development also under construction.
Kohl’s Expands Board of Directors to 13 Members with Latest Appointment
Wendy C. Arlin, who, most recently, was the CFO for Bath & Body Works, Inc., reportedly brings more than three decades of experience in corporate finance, financial reporting, oversight and accounting, with deep expertise in the consumer industry.
Vuori Appoints Chief Marketing Officer
Vuori hired Karen Riley-Grant, previously at Levi Strauss & Co., as chief marketing officer, effective January 22.
Delta Apparel Settles with Activist Investor
Delta Apparel, Inc. agreed to appoint Timothy Brog as a new independent director to its board in a move that avoids a proxy battle with Forager Capital Management, an Alabama-based hedge fund management firm.
PrimaLoft Promotes Cavassa to CEO, Joyce to Retire
Compass Diversified appointed Anne Cavassa as CEO of its subsidiary, PrimaLoft Inc., effective January 1, 2024. This move follows Cavassa’s recent appointment as president and as former president and CEO, Mike Joyce, steps into retirement at year end.
Peloton Appoints New Board Member
Peloton announced the appointment of Chris Bruzzo, formerly a top executive at Electronic Arts, to its board of directors. Current Board member Jonathan Mildenhall will simultaneously step down from the board to focus on his expanding professional responsibilities.
SFIA names Chief Operating Officer
The Sports & Fitness Industry Association hired Glenn Horine as chief operating officer, effective January 1, 2024, reporting to SFIA president and CEO Tom Cove.
Study: Retailers See Big Online Sales Declines After Closing Brick & Mortar
ICSC found that closing a store reduced online sales in the trade area surrounding that store by 11.5 percent. For emerging retailers, there was reportedly less of an impact, as online sales for largely DTC brands that closed a store decreased by 5.2 percent.
Asics Sells Haglöfs to PE Firm
Asics reported that it sold Swedish outdoor brand Haglöfs AB to the Hong Kong fund LionRock Capital, which acquired 100 percent interest in the company. Terms were not disclosed.
Plae Hires Chief Brand Officer
Plae, the maker of gym flooring and exercise equipment, hired former The North Face VP Mike Ferris as chief brand officer.
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