In comparison to the prior-year period that was elevated as a result of the initial selling into some of our key accounts, net sales in the Americas region grew 22 percent year-over-year with constant-currency growth of 30.4 percent for the quarter.
Category: Sports/Fitness
PetSmart Searching for the Next “Chief Toy Testers;” $20K to New Team Members
The Chief Toy Tester search is back and submissions are open for one lucky dog, cat and human parents to join the PetSmart team.
Meijer Opens New Supercenters in Michigan and Northeast Ohio
Meijer opened its first store in Michigan in 1934. Today, it opened a new 159,000-square-foot supercenter in Hillsdale, MI and two new 159,000-square-foot supercenters in Northeast Ohio. This summer, the retailer will celebrate its 90th anniversary as a family-owned Midwest retailer.
CycleBar Indoor Cycling Training Program Officially Recognized as CE Provider
CycleBar’s training program is open to all fitness professionals and can be completed anywhere between three to five weeks. Upon program completion, trainees will earn 1.9 CEUs for NASM, 15 CEUs for AFAA and 20 CEUs for ISSA.
EXEC: Mizuno Posts Strong Profit Growth for Fiscal Year on Sales Growth in All Regions
The company reported net sales were ¥229.7 billion in the fiscal year ended March 31. 2924, up 8.3 percent year-over-year. Profit attributable to owners of parent was ¥14.3 billion, up 44.4 percent versus the prior fiscal year.
On Holding Posts Another Strong Quarter in Q1, Led by Expanding DTC Sales
On’s total net sales reached CHF 508.2 million, an increase of 20.9 percent year-over-year and a 29.2 percent increase on a constant-currency basis. The results were led by strong demand and momentum in On’s direct-to-consumer channel.
GU to Open First Overseas Flagship Store in New York in Fall 2024
GU (pronounced as the letters “G” and “U”) was founded in 2006 as a sister brand of Uniqlo and operates approximately 470 stores in Asia, mainly in Japan; this is the first official opening of a store outside of Asia.
United States Golf Association Officially Opens Golf House Pinehurst
The seven-acre campus is adjacent to the Pinehurst Resort & Country Club’s main clubhouse. It includes the USGA’s equipment-testing and research facility, the USGA Experience, an outdoor educational landscape feature, the recently relocated World Golf Hall of Fame, and administrative offices.
Nike Basketball Adds A’ja Wilson to Signature Athlete Roster
Wilson, the WNBA pro player for the Las Vegas Aces, has worked with Nike for over a year to create a signature collection, including a shoe.
MyFitnessPal Appoints New Chief Product Officer
The company said Tim Holley most recently served as VP of product for Etsy and also led product management and product design at SoulCycle.
Crunch Franchise Opens Crunch Edmond in Oklahoma
The new gym in Edmond, OK, is operated by The Undefeated Tribe, reported to be one of the fastest-growing franchises within the Crunch Fitness system, with locations open in Texas and Oklahoma and ten more in development this year.
EXEC: Leatt Posts Another DD Decline in Q1 as Body Armor and Helmets Sales Falter
Sales to the company’s global distributors decreased by 31 percent as distributors continue to manage industry-wide stocking dynamics, while consumer direct sales increased by 15 percent and dealer direct sales increased by 9 percent in Q1.
EXEC: Key Footwear Factory Report Sees Flat Q1 and Unsettled Market for 2024
The Group believes the global footwear industry will remain unsettled in the near term amidst the uncertain macroeconomic environment driven by persistent inflation, high interest rates, regional conflicts, and its impact on shipping lanes.
EXEC: Asics Corp Boasts Record Profit Margins in Q1 as All Regions Post Growth
Reported net sales growth of 21.9 percent, or 14.3 percent in constant-currency (CC) terms, to ¥174.1 billion in the quarter, led by double-digit CC sales growth in Japan, South & Southeast Asia, Greater China and the North America.
Ecco Golf Offers ‘New Flavour of Golf’ Collection
The golf shoe manufacturer released a special-edition capsule collection “celebrating different, and sometimes unexpected, flavors of golf.”
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