SGB Footwear

Superfeet Welcomes New CEO

 Superfeet hired Nike veteran Trip Randall as CEO, whose experience in the footwear industry comes from working more than 23 years across a diverse range of positions at Nike including vice president and general manager of Nike Running in North America, global vice president and general manager of Nike.com and vice president of global sales and marketplace for Nike Kids.

Adobe: Online Prices See Continued Downward Trend In May

Adobe reported online prices in May 2023 fell 2.3 percent year-over-year, the most significant decrease since the pandemic started, marking the ninth consecutive month of year-over-year price decreases with over half of Adobe’s tracked categories (11 of the 18) falling in prices on an annual basis. On a month-over-month (month-on-month) basis, online prices fell 1.2 percent in May.

Signa Sports Partners With Tennis Channel

Tennis-Point, the racquet-sports equipment online retailer owned by Signa Sports United, entered into a multiyear agreement with the Tennis Channel to operate tennis.com and a new merchandise site found on TennisShop.com.

Yue Yuen Manufacturing Business Revenues Falls 10.8 Percent In May

Yue Yuen Industrial (Holdings) Limited, a subsidiary of Pou Chen Corporation that manufactures a large percentage of global athletic and outdoor footwear, reported that its net consolidated operating revenue for May was $701.0 million against $758.0 million a year ago, a 7.8 percent decline versus the year-ago month.

Golf Rounds Played Climb In April

Rounds of golf played in April 2023 were up 7.8 percent on a national level year-over-year and up 3.1 percent for the first four months of 2023, according to Golf Datatech.

Sports Inc. Renews Partnership With OrderMyGear

Sports, Inc. renewed its partnership with OrderMyGear. Under the multi-year agreement through 2025, OMG maintains the title of Sports, Inc.’s preferred provider of online team stores and group ordering for members.

Frasers Group Forms Joint Venture To Expand In Indonesia

Frasers Group Asia announced a new joint venture agreement with PT Map Active Indonesia to launch Sports Direct in the country. The retail group said the deal is “the first step in a region-wide expansion” between the two and will see the introduction of Sports Direct’s stores across Indonesia, including both the wholesale and retail components.