Paige Golibart operates out of The Bungalow, SGB’s showroom in Jupiter, FL. She represents three of the company’s apparel brands on Florida’s East Coast — B. Draddy, Zero Restriction and Fairway & Greene.
Category: Sports/Fitness

U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.

Pvolve Continues Nationwide Expansion With 10 New Franchise Studios
The fitness company that pairs functional movement with resistance equipment, has signed 10 new lease agreements with franchisees in seven major U.S. markets, including Arizona, Florida, Georgia, Maryland, Tennessee, and Texas.

EXEC: EY M&A Outlook Signals Cautious U.S. Deal Market
EY expects U.S. deal volume will rise 10 percent in 2025, building on a robust 13 percent advance in 2024, driven by sustained economic activity, decreasing interest rates, pent-up demand & reduced valuation gaps.

EXEC: Sports Direct to Expand South Asia Presence with Map Active
This latest strategic partnership between Sports Direct parent Frasers Group and MAP Active will expand the sporting goods retailer further into Indonesia, with entry into India, the Philippines, Thailand, Vietnam and Cambodia.

Macy’s Names Senior VP & General Merchandising Manager, Men’s and Kids’
Daniel Leppo most recently served as Bloomingdale’s senior vice president and general merchandising manager, overseeing Cosmetics, Menswear, Children’s, and Home. Leppo started his career at Bloomingdale’s as an intern and was part of the executive training program.

EXEC: Spartoo Improves 2024 Cash Flows Through Improved Inventory Management
Spartoo is signaling that it will continue offering a wide range of footwear, ready-to-wear, bags, and accessories throughout 2024, even as it manages its online inventory more tightly.

Crunch Fitness Franchise Opens Crunch Facility in San Jose
Winchester Fitness, LLC, a franchisee of Crunch Fitness, announced the opening of Crunch Winchester in San Jose, CA. The 22,000-square-foot facility opened its doors officially on March 16.

Monumental Appoints EVP, Chief Strategic and Corporate Comms Officer
AJ Jones, II joins MSE’s senior leadership team overseeing corporate, investor, and ownership communications with its external, internal, and partner stakeholders.

EXEC: Fila Sets U.S. Re-Org and Inventory Sell-Off; Market Re-Entry TBD
The company has essentially shuttered the U.S. business and expects full clearance by strategically selling off Fila USA inventory by the end of 2025, and determine if best avenue for re-entry in the market is direct operations, licensing or a distribution model.

Good Good Golf Secures $45M Funding with Participation from Peyton Manning
The golf, media and lifestyle brand, secured the funding round led by Creator Sports Capital, with participation from Peyton Manning’s Omaha Productions, Manhattan West Private Equity and Sunflower Bank.

KMD Brands Appoints Nike Vet Ashley Reade as Rip Curl CEO
Ashley Reade will join the Australian surf brand in the coming months from Nike, where he is currently the vice president and general manager of Nike Pacific, responsible for growing the region to an AU$1 billion business.

Recall: Segway Kick Scooters
Segway has received 68 reports of folding mechanism failures, including 20 injuries, including abrasions, bruises, lacerations, and broken bones.

Scott USA Launches Consumer-Direct Strategy; Reinforces Support For Key Dealers
This multichannel approach builds on Scott USA’s recently launched Click-and-Collect and Locally initiatives, which “connect consumers with their nearest Scott dealer for in-store purchases or online orders.”

Snipes Names Under Armour Vet as New Chief Marketing Officer, U.S.
The global street culture brand reported that Kelley Walton will lead the marketing organization in the U.S. to include all budget and marketing functions aligned with the company’s long-term vision