The acquisition of Triangle Top Gun Sports, LLC, from Owner Wes Gregory, will bring another 4,000 travel baseball teams under the Perfect Game umbrella.
Category: Sports/Fitness

EXEC: Target Inks Champion Distribution Deal with Authentic
Target called the program an “extensive line” featuring more than 500 pieces. It includes “stylish” apparel, accessories and slides as well as sporting goods, accessories and bags for adults and kids.

Venus Williams Partners with WeWard as Investor and Ambassador
Williams and WeWard aim to raise awareness of the dangers of physical inactivity and highlight the significant health benefits of developing a daily walking routine. The app rewards users for their daily walking activity, bringing a gamified approach to exercise motivation

Pvolve Accelerates U.S. Expansion with New Franchise Deals
Lindsay Cohen has signed a two-unit development agreement in the Chicago area, Elisabeth Rommel, will launch the first Pvolve studio in Northeast Seattle or Lake Union and Dr. Mona Keshtkaran has signed a two-unit development agreement for the Washington, D.C. metro area.

Escalade, Inc. Sees Q4 Strength in Archery, Table Tennis and Fitness as Net Dips
The company completed the wind-down of its Orlando operations and terminated the facility lease in the fourth quarter. The company said these initiatives enabled us to reduce our owned and leased square footage by nearly 20 percent in 2024.

Skechers Signs Danish Footballer Matt O’Riley to Team Skechers
O’Riley competes in the Skechers lightweight speed shoe, Razor 1.5 Elite. He will also appear as the face of Skechers Football in multiplatform marketing campaigns in Denmark.

Hoka Opens Second Store in Paris’ Marais District
Hoka continues its expansion in France by opening a roughly 3100-square-foot store at 14 Rue Sainte-Croix de la Bretonnerie in the heart of the Paris’ Marais district; this follows the sports apparel and equipment brand’s first Parisian store, which opened in April 2024.

EXEC: Puma, Brooks Settle Lawsuit Over Running Shoe Patents, Trademark Infringement
Brooks Sports has agreed to settle litigation over claims that the company’s running shoes violated Puma’s patent and trademark rights.

EXEC: Big 5 CEO Looks for End of Weak Winter in Hopes of Spring Baseball Rebirth
The West Coast and Mountain state retailer continues to focus on managing the expenses within its control, considering the ongoing economic challenges, while it waits for the annual floor shift to spring sports and a hopeful lift from youth baseball season.
Big 5 to Continue Closing Stores as Weak Q4 Sales Trends Drift into Q1
Same-store sales decreased 6.1 percent for the fourth quarter of fiscal 2024. For the fiscal 2025 first quarter, the company expects same-store sales to be down in the mid- to high-single-digit range compared to the fiscal 2024 first quarter.

EXEC: Wilson Sports Returns to Growth in 2024 on Very Strong Q4 Sales
The 22 percent jump in revenue came as the business continued to build on a sequential improvement throughout 2024 after posting a 14 percent decline in the first quarter, a 1 percent gain in the second quarter and 11 percent increase in the third quarter.

EXEC: Salomon Sneaker Sales Exceed $1B in 2024; Winter Sports Equipment Falters
Salomon footwear and apparel now represent approximately two-thirds of the Outdoor Performance segment that also includes the Salomon, Atomic and Armada snow sports equipment brands, up significantly from the 54 percent share in 2022.

Body Fit Training Expands to Scandavian Market with Oslo, Norway Location
The Oslo studio reportedly marks the beginning of BFT’s expansion into Scandinavia, which will be followed by locations in Stockholm and Copenhagen over the next year. Regional growth is reportedly being driven by seasoned fitness operator Tage Flugeim.

Planet Fitness Posts 19 Percent Revenue Growth in Q4 on Strong Equipment Sales
The company reports that total revenue for the fourth quarter of 2024 increased 19.4 percent to $340.5 million from $285.1 million in the prior-year Q4 period, including system-wide same-club sales growth of 5.5 percent.

Five Iron Golf to Open First Venue in Nashville
The venue will be located in Aertson Midtown, a mixed-use development adjacent to Music Row, featuring the Kimpton Aertson Hotel, retail and dining.