Tim Campbell will open a 37,000-square-foot facility in Ocala, FL, featuring 13 professional-grade indoor courts in Summer 2025. The franchisee is a senior operations manager with extensive private and law enforcement experience.
Category: Sports/Fitness

Michigan Consumer Sentiment Index Declines for First Time in Six Months
Consumer sentiment fell for the first time in six months and is down 10 percent versus a year ago, according to the final January report for the Michigan Consumer Sentiment Index.

Fossil Group Adds Former Adidas and Salomon Execs to Leadership Team
Fossil Group, Inc. appointed Joe Martin, formerly SVP of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, and Antonio Carriero, previously chief digital and information officer at Salomon, to its executive team.

Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.

Baltimore’s Princeton Sports to Close After Nearly 90 Years
Baltimore’s Princeton Sports announced that after nearly 90 years in business, it will be closing as Co-owners and Brothers Paul and Alan Davis plan to retire.

Costco Comps Grow 9.8 Percent in January Ex-Fuel
Costco Wholesale Corporation reported net sales of $19.51 billion for the retail month of January, an increase of 9.2 percent from $17.87 billion last year.

Repreve Maker Unifi Inc. Narrows Fiscal Q2 Loss on Weak Sales Growth
The maker of Repreve recycled and synthetic yarn reported second fiscal quarter sales ended December 29, 2024 were $138.9 million, an increase of 1.4 percent from the second quarter of fiscal 2024, primarily driven by higher sales volumes.

Peloton Raises Profit Outlook on Improved Holiday Quarter
Peloton Interactive raised its earnings guidance for its fiscal year ending June 2025 after seeing a strong recovery in earnings on an adjusted basis for the holiday quarter on better-than-expected sales. Revenues in its December quarter were down 6.1 percent.

EXEC: Mips AB Posts Strong Q4 Results on Helmet Rebound; Long-Term Goals Revised
The Swedish helmet technology provider said it saw a strong end to 2024 with solid growth in all categories and all geographies. The company posted sales of SEK 144 million in the fourth quarter, a 58 percent increase from SEK 91 million in Q4 2023.

Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.

Brooks Running Posts 9 Percent Growth In 2024
Brooks Running reported sales were up 9 percent in 2024, fueled by growth in every region and channel. The performance marked eight consecutive years of growth for the brand, delivering a 13 percent compound annual growth rate over that horizon.

Sports Facilities Companies to Open or Break Ground on 12 Facilities Nationwide in 2025
SFC’s new projects for 2025 are expected to drive economic impact and community growth nationwide through youth and amateur venues.

Crunch Franchise to Open Crunch Facility in Windcrest, Texas
Tony Hartl, founder of The Undefeated Tribe and Crunch franchisee, plans to open Crunch San Antonio Windcrest in Windcrest, TX, this Fall. This will be Hartl’s fifth Crunch gym in the San Antonio area, with 11 more in the planning.

BSN Sports Parent Appoints Two C-Suite Leaders to Executive Team
Javier Idrovo was named chief financial officer and Jim Baldwin as chief legal and compliance officer. They succeed John Hutchison and Burton Brillhart, who recently announced their retirement from the company.

Pickleball Kingdom Franchise to Open in Memphis, TN
The location 42,300-square-foot space will be led by franchisees Bappa Mukherji, Anjali Mukherji Doria and Jake Doria, and located in Southeast Memphis near Germantown.