The Running Industry Association (RIA) announced it rebranded its annual member event to The RIA Summit, to take place from April 29 to May 2, 2024, at the Union Station Hotel in St. Louis, MO.
Category: Sports/Fitness
EXEC: On Snags Two Upgrades Following Investor Day Event
Shares of On Holding remained down slightly since the company’s Investor Day last week due, apparently, to concerns that On’s third-quarter results will miss estimates. However, two analysts upgraded On’s stock and a number of other upbeat reports arrived in recent days as most analysts were left impressed by its ambitious long-term growth strategy.
Rally House Opens Stores in Des Moines, Little Rock Markets
Rally House announced its newest storefronts in the Des Moines metro area in Altoona, IA and a second Little Rock, AR location. Both are Rally House Outlet stores.
Sacks Parente Golf Appoints Golf Industry Vet as COO
The company hired golf industry veteran Scott White as chief operating officer with the primary responsibility of overseeing the company’s day-to-day business operations.
Hyosung Textiles Adds to Global Marketing Team
The company hired outdoor industry professional Laura Nilo as its U.S. marketing manager, West Coast, and marketing strategist Christiane Rauch as a senior consultant in Northern Europe for Hyosung Spandex.
Rally House Opens in Little Rock
Rally House opened its second location in Little Rock, AR.
Walmart Names VP, Walmart GoLocal
Walmart hired Rina Hurst as vice president of Walmart GoLocal, the retailer’s delivery service platform. Hurst joins Walmart from Shipt, where she was chief business officer.
Alo Yoga Opens at Hudson Yards
Alo Yoga opened a store at Hudson Yards, its sixth in New York City and 59th in the U.S. The company reported plans earlier this year to open over 100 stores by 2024, including its first stores in London and Paris.
Accell Group Appoints New CEO and New Chair of Supervisory Board
The company appointed Tjeerd Jegen as CEO and chair of the Management Board, effective November 1, and has also appointed former Adidas CEO Kasper Rørsted as chair of the Supervisory Board, effective October 1.
Hoka Opens First London Flagship
Hoka, owned by Deckers Brands, opened its first retail store in Europe at Shaftesbury Capital’s Covent Garden in London. The 1,750-square-foot space at 2-3 James Street sells the brand’s full line of footwear, apparel and accessories.
Puma SE CEO Sees Return to Growth in the U.S. in 2024
In an interview Friday with Euro am Sonntag, the news outlet, Puma CEO Arne Freundt said he expected Puma to return to double-digit growth in China this year and return to growth in the U.S. in 2024.
Pentland Brands Appoints SVPs for Speedo, Ellesse and Canterbury
Pentland Brands appointed Simon Breckon as SVP for Speedo, Jack Richardson as SVP for Ellesse, Kickers and Mitre, and Luke Doddrell as SVP for Canterbury.
Puma North America Hires Long-Time Adidas Veteran as SVP Wholesale Sales
Puma announced the appointment of industry veteran Andrew “Rudi” Rudolph as senior vice president, wholesale of North American sales.
Report: September Mall Traffic Was Tough but Promotions Drove Some Big Gains
Placer.ai reported that the year-over-year visit gap to indoor malls and open-air shopping centers widened, following the negative foot traffic trends in the wider retail sector. The company said outlet malls continued to lag behind the other formats in year-over-year visits.
Castelli Parent Takes 70 Percent Stake in Zoot
MVC Group, which produces outdoor and cycling clothing under the Castelli, Karpos and Sportful brands, has acquired a 70 percent stake of San Diego-based triathlon brand Zoot.
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