Barington Capital Group and Thor Equities LLC asked Macy’s to bring fresh perspectives to the company, especially in the areas of capital allocation, merchandising and retail and real estate
Category: Sports/Fitness
Survey: Latin Americans Embrace Fitness Facilities as Key to an Active Lifestyle
The Health & Fitness Association released the 2024 Latin America Fitness Consumer Survey, providing key insights into the fitness culture in major metropolitan areas across Argentina, Brazil, Chile, Colombia, Mexico, and Peru.
TaylorMade Golf Acquires Logan Olson
In working with TaylorMade’s team of designers, Logan Olson will continue developing his Craft Batch putters and custom designs and expand his presence on professional golf tours worldwide.
Rally House Opens in Austin
Rally House has been growing its retail footprint in the Lone Star State for over a decade, starting in the Dallas-Fort Worth area. Now, the company operates over 30 stores in the state, including in key college towns, including Waco, College Station, Lubbock and Houston.
Crunch Fitness Holdings Opens 3.0 Crunch East Plano
The gym is the 72nd Crunch Fitness for CR Fitness Holdings and the first to debut the new Crunch Fitness 3.0 gym design, which combines “modern aesthetics with enhanced functionality to elevate the fitness experience.”
Trackman Adds Strava Co-Founder to Board of Directors
Over the past year, Michael Horvath has worked with Trackman’s sports performance tracking team to develop new services for athletes and coaches worldwide, focusing on mobile applications.
EXEC: Sports Direct Parent Frasers Makes Play for Nordic Region Sports Retailer
Michael Murray, CEO of Frasers Group, offered, “Our strategic vision and industry experience position us uniquely to help XXL navigate its current challenges. We are committed to ensuring that XXL reaches its full potential.”
NRF Chief Economist Sees Strong Q3 Results Boding Well for Holiday Retail Season
Many consumers started shopping earlier because a late Thanksgiving left five fewer shopping days before Christmas than in 2023. Based on data that the National Retail Federation has seen so far, conditions are shaping up for a successful holiday retail season.
NRF Report: 2024 Retail Returns to Total $890 Billion
Improving the returns experience and reducing the return rate are two essential elements for businesses in achieving their 2025 goals.
Life Time Highland Park to Showcase Multi-Million Dollar Renovation
On December 7, the major expansion featuring new features will be complete at St. Paul’s longtime Life Time club. The highlights include an expanded workout floor, dedicated Signature Group Training spaces and an LT Recovery area.
Castore Hires Commercial Operations Leader
Danny Downs brings 15 years of experience at Fanatics International, where he was head of commercial development and the company’s first GM, including international operations for its e-commerce business.
Journeys Parent Genesco, Inc. Ups Guidance on Strong Q4, Nice Start to Q4
For the full year, the parent of Journeys, Schuh and Johnston & Murphy now expects total sales to be down 1 percent to flat compared to Fiscal 2024 versus prior expectations for a total sales decrease of 1 percent to 2 percent.
Gymshark CFO Departs Amid Profit Decline
Gymshark did not provide a reason for CFO Mat Dunn’s departure, who filled the role in December 2022. The announcement follows the company reporting a £13m pre-tax profit for the year ending July 31, 2023, a decrease from £27.8m in the previous 12 months.
Tilly’s, Inc. Beats on Q3 Sales Estimate But Lowers Guidance on Tough Q4 Start
On a shifted basis, lining up the timing of this year’s Thanksgiving holiday with last year’s, total comparable net sales through December 3, decreased by 9.6 percent relative to the comparable period of last year ended November 28, 2023.
Lululemon Raises Full Year Guidance After Strong Q3 and Expectations for Solid Q4
For 2024, the company now expects net revenue to be in the range of $10.45 billion and $10.49 billion, representing growth of 9 percent, or 7 percent, excluding the 53rd week of 2024.
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