Crunch Fitness, is opening Crunch Poinciana, a 35,000-square-foot fitness facility in Poinciana, FL with a grand opening on April 27.
Category: Sports/Fitness
Skechers USA Gets International and DTC Lift to Post Solid First Quarter Results
DTC sales grew 17.3 percent to $829.8 million for the quarter, including increases in APAC of 16.5 percent, AMER of 10.5 percent, and EMEA of 62.4 percent. Direct-to-consumer volume increased 15.5 percent and average selling prices increased 1.6 percent.
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
For the consecutive second quarter, Mips delivered growth in the Bike sub-category and has seen inventory levels of helmets with consumers and retailers returning to healthier levels.
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson reported that first-quarter net sales decreased 7 percent to SEK 1.995 billion. Regionally, Central Europe, followed by the U.S., performed best in sales volume.
TruFit Athletic Clubs Appoints Acting CEO
The company reported that the new acting CEO, Joe Pritchard, has a background in healthcare leadership and a commitment to wellness and brings over 45 years of business experience to TruFit.
Hoka to Open New Retail Store in Honolulu
Ala Moana Center, Hawaiʻi’s largest open-air shopping center, located steps away from Ala Moana Beach Park, will welcome Hoka as a tenant next month.
Escalade Inc. Swings to Q1 Profit as Gross Margins Spike
Total net sales increased 0.7 percent year-over-year to $57.3 million in the first quarter, primarily due to a return in normalized seasonal demand for basketball products, outdoor games and archery.
Middle Atlantic PGA Names Director of Business Affairs
Tony Kovacic will oversee partnerships and sponsorships to enhance support for MAPGA members, youth and player development programming and the Association’s charitable foundation, PGA Reach Middle Atlantic.
Golftec Opens in Manhattan
The flagship venue features the company’s proprietary game improvement technology and professional coaching for members to learn, practice and access the right clubs.
Gold’s Gym Opens at The Pike on Long Beach
This is the first club on Long Beach for Gold’s Gym and the only gym at The Pike. The group pledged a $15 million investment in transformative remodels across multiple clubs in the market.
Jetty Hires Apparel Industry Vet as COO; Sets Future Plans
The New Jersey-based surf apparel company, with a growing presence in the outdoor and active lifestyle markets, saw the opportunity to add apparel veteran Lee Byrd to the team as it is “focusing on its authentic roots and devotion to the dynamic, moody coast on which it was born.”
Strava Hires new Chief Product Officer and Chief Technology Officer
The U.S.-based internet service for tracking physical exercise that incorporates social network features, hired Matt Salazar as chief product officer and Rob Terrell as chief technology officer.
Report: Golf Equipment Specialty Retail Sales Inch Up in First Quarter
Golf Datatech reported that U.S. market sales for On- and off-course specialty golf equipment grew 1.5 percent in March, pushing the first quarter sales growth up 1.4 percent.
EXEC: Johnson Health Tech Retail Finalizes Bowflex Acquistion
Johnson Health Tech Retail intends to fold the existing BowFlex and Schwinn operations into its North American sporting goods/e-commerce group. The company reported that BowFlex will complement its team with experts from the BowFlex organization.
EXEC: Shimano Q1 Sales Down 20 Percent on Continued Bikes and Fishing Weakness
In this current macroeconomic environment, the company said demand for bikes and fishing tackle continued to be weak, and for the first quarter of fiscal year 2024, net sales decreased 20.2 percent year-over-year to ¥100.5 billion.
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