The National Association of Sporting Goods Wholesalers (NASGW) elected Laurie Aronson, president and CEO of Lipsey’s LLC, to chairwoman of the board during the 2018 annual NASGW Expo in Pittsburgh, PA. She is the first woman to lead the association as the board chair.
Category: Sports/Fitness
Sears Prepares For Possible Liquidation
Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, according to reports.
PXG Introduces Scott Langley To Roster Of PGA Tour Pros
PXG has signed PGA Tour professional Scott Langley to its 2019 touring staff.
Aquilo Sports Extends Sponsorship Of Movistar Cyling Team
Aquilo Sports, known for its recovery pants, announced the continuation of its partnership with the Movistar Professional Cycling Team. 2019 marks the teams 40th consecutive season with its 25-rider men’s team and 12-member women’s team.
CTA: Tech Revenue to Reach Record $398 Billion In 2019
Artificial intelligence (AI) and fast connectivity – critical ingredients for the next era of category leaders such as smartphones, smart home devices and smart speakers – will drive the U.S. consumer technology industry to a record-breaking $398 billion in retail revenues ($301 billion wholesale) in 2019 and 3.9 percent year-over-year (YOY) growth, which includes streaming services revenue, according to the Consumer Technology Association (CTA).
19 Burning Questions for ‘19
As the new year gets underway, plenty of questions linger around the active lifestyle, outdoor and sporting goods industries. The writers of SGB Executive came up with, fittingly, 19 questions that are likely to dominate headlines in ‘19, including the future of trade shows, the staying power of the athleisure trend, the effects of the trade war, the impact of channel disruption and much more. Here they are.
Aisle Talk Week of December 31
Top headlines from the active lifestyle industry you may have missed this week, including Sears Holdings revealing 80 more Sears and Kmart stores it plans to close in late March 2019 but also winning a reprieve from liquidating.
Callaway Golf Completes Jack Wolfskin Acquisition
Callaway Golf Company announced that it has completed the previously announced acquisition of Jack Wolfskin for €418 million, or approximately $476 million. The acquisition furthers Callaway’s push into the active lifestyle category after its successful 2017 acquisitions of TravisMathew and Ogio.
Outdoor Voices Opens Chicago Store
Outdoor Voices, the women’s activewear brand, has opened its first Chicago store. The store is at 841 W Armitage Ave.
Nike And Under Armour Land On Piper Jaffray’s “2019 Ideas” List
In a note, Erinn Murphy, analyst for Piper Jaffray, listed Nike and Under Armour among her team’s “2019 ideas.” Also making the list were Crocs, Ulta Beauty and Funko.
SRAM Announces Leadership Change
Chicago, IL-based bicycle component maker SRAM has appointed Ken Lousberg as CEO; he replaces co-founder and CEO Stan Day, who will be transitioning to a new role in the company as chairman of the board of directors. Day has been CEO of SRAM for 31 years, with Lousberg serving as COO for the past 18 months.
Dick’s Supports Teacher Champion Challenge
DonorsChoose.org and The Dick’s Sporting Goods Foundation are calling on football fans to support public school classrooms through the Teacher Champion Challenge, launching January 3. The Dick’s Sporting Goods Foundation will award $100,000 to support team sports-related classroom project requests in the playoff city that raises the most in total donations-per-student.
Puma Enters Sponsorship With Porsche Motorsport
Puma has signed a long-term sponsorship agreement with Porsche Motorsport to become the exclusive technical partner for fireproof racing clothing as well as shoes, caps and luggage.
Bonobos Signs PGA Golfer Justin Rose To Apparel Deal
Justin Rose, the second-ranked PGA Tour player in the world, has signed an apparel deal with Bonobos. He had long been with Adidas.
Antigua Celebrating 40th Anniversary
Said Ron McPherson, president and CEO of Antigua. “We are very proud of our history and heritage and look forward to continuing
our growth in the markets we serve. Antigua will have several promotions at the January trade shows and throughout the year to commemorate our 40th Anniversary.”
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