Life Time, operates over 700 pickleball courts nationwide, said that pickleballs on the market often play too slow and the faster balls preferred by pros and higher-end players are inconsistent in bounce and have significant issues with durability.
Category: Sports/Fitness
EXEC: Mizuno Corp. Fiscal Q1 Profits Expand DD on Solid Sales Growth
Sales in Japan remained robust in competitive sports including soccer, volleyball and racket sports, and sales in the work business remained strong. Non-Japan sales also continued to grow in products for competitive sports such as soccer, and lifestyle shoes.
Life Time Group Holdings, Inc. Commences Secondary Stock Offering of 12 Million Shares
Life Time intends to use the net proceeds from the offering for general corporate purposes, which may include repayment of indebtedness. The company will not receive any proceeds from selling shares by selling stockholders.
Rally House Adds to Store Count in Wisconsin, Ohio and Minnesota
Rally House continues expansion with new stores in Woodbury, MN; Columbus, OH; and Wauwatosa, WI.
CNBC/NRF Retail Monitor Reveals Lower Growth in July Core Retail Sales Trend
July’s increase of 1.7 percent was half the June trend, which showed a 3.4 percent increase y/y. Sporting goods, hobbies, music, and bookstores were up just 1.1 percent y/y, while clothing and accessory stores fell 4.8 percent.
S&S Activewear Appoints Chief Commercial Officer
Toby Whitmoyer will oversee sales, marketing and product teams. Whitmoyer will also collaborate with the product and operations teams to ensure strong customer service.
University of Alaska Fairbanks Extends Partnership with BSN Sports and Nike
BSN Sports will remain the Nanooks’ official apparel and equipment provider, outfitting student-athletes, coaches and staff in Nike gear for multiple athletic seasons.
4RUN3, Massachusetts Run Specialty Store and Race Organizer, Shutters
4RUN3, which operated a running store in East Longmeadow, MA and a race management firm that organized races across western Massachusetts, recently filed for bankruptcy and has closed permanently.
PGA Tour Superstore Opens First Store in Michigan
The 42,000-square-foot store is significantly larger than the average 28,000- to 34,000-square-foot store for the chain in Novi, MI.
EXEC: Yonex Posts DD Fiscal Q1 Int’l Growth on Yen Depreciation, Badminton Surge
Consolidated sales reportedly reached a record high, driven in part by the positive effect of yen depreciation on overseas sales. Despite the depreciation upside, North America sales declined year-over-year while Asia and Europe posted double-digit growth
The Ironman Group Appoints Managing Director of North America
Keats McGonigal began his career at The Ironman Group as an intern in 2007, rising steadily in responsibilities. In this new role, he leads the North American region’s more than 75 full-time employees and over 55 annual events across multiple sporting disciplines.
Former JCPenney CEO, Mike Ullman, Passes Away
In addition to his extensive career leading U.S. and global businesses, Ullman had significant experience in government, academia and philanthropic work focused on health care for those disadvantaged, among other humanitarian initiatives.
EXEC: Under Armour’s Shares Jump on Q1 Beat, Guidance Raise
Shares of Under Armour rose nearly 20 percent Thursday after the company notched a surprise quarterly profit before litigation-related charges as both gross margins and North America’s sales performance exceeded expectations. Under Armour slightly raised its outlook for the year.
Wilson Drops RF Collection in Collaboration with Roger Federer
The RF 01 line includes three rackets designed and tested by Federer: RF 01 Pro, RF 01 and RF 01 Future. The collection also features bags and accessories. This collaboration will keep Federer partnering with Wilson, with the RF 01 being the first line in this signature collection.
NRF: Import Cargo Volume May Peak in August Ahead of Potential Port Strike
The contract between the International Longshoremen’s Association and the U.S. Maritime Alliance covering East Coast and Gulf Coast ports will expire on September 30. The ILA has threatened to strike if a new contract is not reached by then.
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