Billy Preston is opening a new Fleet Feet franchise store in downtown Prescott, AZ, with easy access to over 500 miles of nearby trails and outdoor recreation year-round.
Category: Sports/Fitness
Yeti Inc. Posts Strong Q4 Despite Wrestling with Product Recall Reserve Impact
Adjusted sales, which exclude the impacts of the recall reserves in both the current and prior-year quarters, increased 7 percent to $555.4 million. Sales and adjusted sales in Q4 2024 and 2023 include $1.7 million and $6.5 million, respectively, of sales related to gift card redemptions in connection with recall remedies.
TaylorMade CFO Named as New Board Chair of Youth on Course
Rick Paschal, executive vice president and chief financial officer of TaylorMade, has been appointed the new chair of the Board of Directors of Youth on Course, a non-profit that offers kids opportunities through golf that will have a life-long impact.
EXEC: On Holding Gets Goldman Downgrade; Nike Sees Analyst Call for Patience
Last week, Nike got a downgrade on its shares from Citibank, and now On Holding is downgraded, which is a tough move for one of the hottest footwear brands in the active lifestyle market to get negative attention.
Tom Brady Acquires 50 Percent Ownership Stake in CardVault
As part of the agreement, CardVault will now be called CardVault by Tom Brady and expand its retail footprint with a new flagship store opening this spring at American Dream, the large retail and entertainment complex in the Meadowlands Sports Complex. With Brady’s backing, CardVault plans to go global, with new stores opening worldwide.
JetSet Pilates Closes on Strategic Investment from Purchase Capital, LLC
Investor and entrepreneur Nicholas J. Singer, the founder and managing partner of Purchase Capital, has been appointed to the JetSet Pilates Board of Directors.
EXEC: Yonex Gets Racquet Sports Lift from Summer Olympics
The Japan-based racquet sports and golf equipment manufacturer reported results for the nine-month year-to-date (YTD) period that ended December 31, 2024, suggesting that the sports market received a boost from the Summer Olympics in Paris and other international tournaments and athletes’ success at that event.
Planet Fitness Realigns Leadership Team to Drive Growth
Bill Bode, division president of U.S. Franchise, will move into the newly-created chief operating officer role. Jennifer Simmons, division president of Corporate Clubs, will move into the newly-created chief strategy officer role.
Wolverine World Wide Promotes Brett Parent to Chief Strategy Officer
The parent company of the Merrell, Saucony, Wolverine Brand and Sweaty Betty brands promoted Brett Parent to CSO, effective February 3. He will now serve on the company’s Executive Team.
Pickleheads Closes on $2.5M Funding Round to Elevate the Game
Overline, an Atlanta-based VC firm, lead the $2.5M seed funding round with participation from Ardent, Oregon Sports Angels, Profluence Capital, Service Provider Capital, and Network Ventures.
Oofos Hires Director of Specialty Sales
The company said Matt Withrow will create, plan and execute sales strategies for the specialty distribution channel including Run, Outdoor, and Other sport-specific specialty distribution.
Massimo Moves MVR Golf Cart Production to U.S.
The company said that by assembling the vehicles domestically., it ensures stricter quality control while strategically positioning itself within the U.S. market.
Barre3 Acquires Studio Barre to Expand Female-Owned Business
Studio Barre, the San Diego,CA-based barre brand founded in 2008 by Shannon Higgins, has 11 studios across California, Montana, Rhode Island, and South Carolina will be rebranded as Barre3.
EXEC: Titleist and Footjoy Parent Moving to S&P SmallCap 600 Index
Acushnet Holdings Corp. (NYSE: GOLF), parent of the Titleist and Footjoy golf brands, will replace Retail Opportunity Investments Corp. in the S&P SmallCap 600.
Momentec Brands Names Chief Technology Officer
Christine Rose will oversee Momentec Brands’ technology initiatives, including digital customer-facing platforms, enterprise infrastructure, supply chain systems, and information security.
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