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Category: Sports/Fitness

Descente, Ltd. Posts Fiscal YTD Sales Increase Despite Golfwear Decline

February 5, 2024 SGB Executive

Gains from the incorporation of Le Coq Sportif (Ningbo) Co. Ltd. and increased sales in the athleticwear category were larger than the decrease in sales in the golfwear category and the termination of the Marmot license in Japan in December 2022.

Puma to Supply Uniforms to Egypt to compete in Paris Olympics

February 5, 2024 SGB Update

The brand has a history in Egypt with long-term partnerships, including those with the Egyptian Football Association, the Egyptian Handball Federation and other teams and athletes.

EXEC: 361 Degrees Pre-Announces Healthy Q4 Profit Growth

February 5, 2024 SGB Executive

Profit attributable to the equity shareholders of the company for the year ended December 31, 2023 is expected to increase by not less than 25 percent year-over-year.

Imperial Headwear Names Key Sales Award Winners for 2023

February 5, 2024 SGB Update

The company awarded Salesperson of the Year to Alan Hyman last week at the 2024 PGA Show, and honored Jim Maitland, sales representative for South Florida, with the 2023 Customer Service Award.

Easton Diamond Sports Ghost Advanced Fastpitch Softball Bat Rises Above

February 5, 2024 SGB Today

“The high-performing Double Barrel 3 technology coupled with the most durable composite material we’ve ever made gives players an amazing feel with the hottest performance possible.” —John Loeffler, Bat Category Manager, Easton Diamond Sports

Agassi, Graf, McEnroe, and Sharapova compete for $1M Purse in Pickleball Slam 2

February 5, 2024 SGB Today

In the main event, Andrew Agassi and Steffi Graf defeated John McEnroe and Maria Sharapova.

Mahomes, Tiger, Acquisitions, Job Cuts, and an IPO Drive January’s Most Read Articles

February 4, 2024 SGB Update

What do you get when the first month of the new year features news from a golfer named Tiger, a Statefarm spokesman named Patrick, job cuts, key acquisitions, a looming IPO, and a public fight between a company’s Board and its investors—very busy month for SGB Media.

Under Armour Appoints New SVP, Managing Director for EMEA

February 2, 2024 SGB Update

With nearly 20 years of experience growing high profile brands including Adidas, TaylorMade, Under Armour, and Yeti, Kevin Ross is said to bring proven talent and regional expertise to the company.

NRF Economist: Labor Market and Interest Rates Will Play Major Roles in 2024

February 2, 2024 SGB Update

After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend on the labor market and what the Federal Reserve does with interest rates, according to NRF Chief Economist Jack Kleinhenz.

Tony Spring Taking Helm as CEO and Chair-Elect of Macy’s, Inc.

February 2, 2024 SGB Update

Jeff Gennette will continue as chair of the Macy’s Board of Directors until its 2024 Annual Meeting when Spring will take the helm as chair during the meeting.

Stromer Grows Leadership Team

February 2, 2024 SGB Update

Welcomes Christoph Lindlein as CMO, Franz Reindl as CTO, and Lennart Wolff as a regional account manager.

Lotto Hires Head of Talent for U.S. Soccer Division; Adds to Athlete Roster

February 2, 2024 SGB Update

Lotto hired former Major League Soccer MVP Mike Magee as the first head of talent for its U.S. soccer division and signed St. Louis City SC vice-captain and defender Tim Parker as an ambassador athlete.

Decker Brands Names New CEO Designate as Powers Plans Retirement

February 1, 2024 SGB Update

Dave Powers has decided to retire as president and CEO, effective August 1, 2024. Stefano Caroti, the company’s chief commercial officer, will be appointed president and CEO, effective upon Powers’ retirement.

EXEC: Vista Outdoor Reaffirms Guidance; Work Toward Split Continues

February 1, 2024 SGB Executive

CFO Andy Keegan said the company expects the separation of its business to jump-start the “compelling vision” for Revelyst, the former Outdoor Products segment, by capitalizing its balance sheet with cash to accelerate its capital allocation strategy.

Circana Creates Global Commercial Group as Tim Bush Plans Exit

February 1, 2024 SGB Update

The creation of a Global Commercial organization, which will encompass Circana’s global client verticals and solution groups, will be led by Jeremy Allen in the newly created role of chief commercial officer. 

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