Stanley Black & Decker is claiming confusion between its Stanley brand name and the Stanley drinkware brand produced by Pacific Market International, LLC, and is taking PMI to Court “to protect its Stanley tools brand.”
Category: Sports/Fitness
Scheels to Open Third Store in Wisconsin in 2027
Wauwatosa Scheels will employ 500-plus store associates, the majority of whom will be employee owners hired locally. The store will be the company’s 36th location. A 35th store will open in Fall 2026 in Cedar Park, TX.
Report: Tennis Participation Grew 8 Percent in 2024 to 25.7 Million Players
One in every 12 Americans played tennis in 2024, the highest proportion on record, concluded the USTA based on the partner studies. This exceeds the five-year average ratio of one in 16 Americans.
EXEC: Sports Direct Parent Frasers Abandons Nordic SG Retailer XXL Takeover Effort
Frasers cited the condition requiring acceptance of the Intended Offer by a sufficient number of shareholders to ensure that it would hold more than 50 percent of XXL shares and votes on a fully diluted and converted basis would not be satisfied.
Report: Golf Participation Sets Record for Diversity in 2024
Among the 28.1 million Americans who played golf on a course in 2024, the most since 2008, 28 percent were female and 25 percent were Black, Asian or Hispanic, both representing the highest proportions ever recorded, according to the NGF.
Pvolve Appoints Head of Medical Affairs
OB/GYN and Longevity Expert, Dr. Jessica Shepherd, joins Pvolve to E\enhance its results-driven method and bridge the gender research gap in women’s health.
The Toronto Tempo, Canada’s First WNBA Team, Names First General Manager
Monica Wright Rogers, a WNBA champion and collegiate All-American, will lead basketball operations for the Tempo, including, most immediately, the hiring of a head coach and building out the roster for the team’s inaugural season.
Fish Monkey Hunt Monkey Welcomes Operations Manager
Keith Anderson was formerly the director of Operations and Information Technology at Yo-Zuri since 2017. He is responsible for tech-related issues for Fish Monkey and Hunt Monkey brands.
Crunch Franchise to Open Crunch Fitness in New Orleans
Brian Hibbard, the CEO of Fitness Ventures, LLC, owns and operates Crunch Fitness locations nationwide. Crunch Algiers, slated to open in Winter 2025, will be its 67th U.S. location and second in Louisiana.
ABC Fitness Appoints Chief Strategy Officer
The global fitness provider, announced that Mohammed (Mo) Iqbal has joined the company in the newly created role as chief strategy. As the founder and CEO of SweatWorks, a digital agency specializing in fitness technology, he has been “at the forefront of AI, interoperability and data-driven personalization.”
Fin Feather Fur Outfitters Acquires MVD Sports and Specialties
MVD, founded in 1974 by Mike and Kathy Van Dine, will continue to operate under its nameplate and retain its employees. Mike Van Dine will remain involved in the business.
Lids Appoints New Chief Financial Officer
Greg Cox was promoted to CFO effective immediately. He has worked for the company for eight years. In his new role, he will lead strategic growth initiatives and operational simplification across the global retailer’s business functions.
Walmart Gets Strong Q4 Lift from U.S. and Global E-Commerce Gains
Globally, e-commerce grew 16 percent with penetration up across all segments. Walmart U.S. comp sales up 4.6 percent with positive growth in general merchandise.
EXEC: Garmin Ltd. Shares Jump on Strong Q4 and Full-Year Report
The company posted double-digit growth in three of its five segments in Q4, with the Fitness segment showing 31 percent growth, the Auto OEM segment with 30 percent growth and the Outdoor segment with 29 percent growth year-over-year.
Skechers Signs Footballer Isco Alarcón
Alarcón is a world-renowned soccer midfielder who plays in the Spanish League and various international competitions. He played for Valencia CF, Málaga CF and Real Madrid, with whom he won five UEFA Champions League titles, before joining Real Betis Balompié.
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